In Project Syndicate: Is America’s Merger Fever Breaking?
A major shift is afoot in the federal government’s stance on big business. The US Justice Department and Federal Trade Commission’s draft merger guidelines represent a major break with the neoliberal assumptions that have underpinned US antitrust enforcement for the last 40 years. In the Project Syndicate, Stacy Mitchell and Ron Know write how the draft guidelines, if adopted, would stop runaway corporate consolidation, rebuild local economies, and help preserve US democracy.… Read More