MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
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Whatever Happened to Antitrust?
By trkingmomoe on Mon, 05/25/2015 - 6:23am |Robert Reich writes about our weak anti-trust laws and how it effects us.
Antitrust has been ambushed by the giant companies it was designed to contain.
Congress has squeezed the budgets of the antitrust division of the Justice Department and the bureau of competition of the Federal Trade Commission. Politically-powerful interests have squelched major investigations and lawsuits. Right-wing judges have stopped or shrunk the few cases that get through.
We’re now in a new gilded age of wealth and power similar to the first gilded age when the nation’s antitrust laws were enacted. But unlike then, today’s biggest corporations have enough political clout to neuter antitrust.
URL:
http://robertreich.org/post/119767465905
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