A recent agreement between two beer conglomerates will turn them into a single company with control over nearly 30 percent of the global beer market and 70 percent of the U.S. market — and it’s just one deal in a recent spate of mega-mergers that’s set to make 2015 a record year for mergers and acquisitions. While much of this concentration is invisible to most of us, its effects ripple throughout all areas of the economy. Continue reading
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Amazon’s predatory monopoly is still unchecked, but a coalition of authors is calling on the U.S. Department of Justice to investigate it. In a 24-page letter, the coalition contends that Amazon is abusing its market power in ways that undermine competition and compromise liberty, free speech, and democracy.
As these six graphs show, bank market share has changed dramatically between 1995 and 2014 as giant banks have come to dominate the banking sector. Continue reading
This 90-second video shows how giant banks have devoured the banking sector over the past 20 years. Continue reading
Having used its supercenters to capture one-quarter of U.S. grocery sales, Walmart is building a new wave of smaller stores that are poised to clean up the market share its supercenters don’t already control. Continue reading
Walmart continues to expand, and rapidly. The company is now embarking on its third historic wave of store construction, with plans to build 440 to 460 “Neighborhood Market” stores over a two year period, presumably with many hundreds more to follow. There is a critical debate to be had right now about whether a company that already captures one-quarter of U.S. grocery sales should be allowed to grow to control one-third, or even half, of our food supply. Continue reading