In the Washington Post: Why Antitrust History is So Important

Date: 8 Oct 2020 | posted in: Retail | 0 Facebooktwitterredditmail

In the Washington Post, Senior Researcher Ron Knox sheds light on Congress’s big tech report by diving into U.S. antitrust history.

“While the report itself falls in line with the other great anti-monopoly documents in the history of the U.S. Congress, it also situates the big tech companies in their historical context, likening them to ‘the kinds of monopolies we last saw in the era of oil barons and railroad tycoons.'”

Ron explains that early to mid-century democratic reforms, including antitrust, financial, and labor laws, were crucial for curtailing corporate power and building prosperity for more Americans.

Congress is again at a decisive antitrust moment.

“Should Congress fail to act … it risks handing over our economy and our democracy to the powerful private interests Americans have fought for a century to keep at bay.”

Read the article here.

If you like this post, be sure to sign up for the monthly Hometown Advantage newsletter for our latest reporting and research.

Follow Susan Holmberg:
Susan Holmberg

Susan Holmberg is Senior Editor and Researcher with the Institute for Local Self-Reliance’s Independent Business Initiative. She writes on corporate power and inequality and has been published in the New York Times, Time, The Atlantic, The Nation, and Democracy Journal.

Follow Ron Knox:
Ron Knox

Ron Knox is the Senior Researcher and Writer for ILSR's Independent Business Initiative.