Recent years have been record ones for mergers and acquisitions. While much of this concentration is invisible to most of us, its effects ripple throughout all areas of the economy.… Read More
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.
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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.… Read More
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. … Read More