Discover and read the best of Twitter Threads about #MonopolyMonday
Most recents (7)
Happy first #MonopolyMonday of 2022! 🎉
We’re excited to kick off yet another year by spotlighting countless monopolies and their broad range of harms
But this week, we’ll be discussing important work happening at the @FTC lead by antimonopoly champion @linakhanFTC.
We’re excited to kick off yet another year by spotlighting countless monopolies and their broad range of harms
But this week, we’ll be discussing important work happening at the @FTC lead by antimonopoly champion @linakhanFTC.
2/ In June 2021, @linakhanFTC was appointed chair of the @FTC.
Since then, the agency has entered a new era of more effective, modern, and democratic enforcement to better protect consumers, workers, and independent businesses.
Since then, the agency has entered a new era of more effective, modern, and democratic enforcement to better protect consumers, workers, and independent businesses.
3/ While navigating a leadership transition during a pandemic, a merger wave, and unprecedented economic dominance driven by rampant concentration, @linakhanFTC steered the @FTC to protect families & businesses with stronger law enforcement.
🧵👇 for specific examples.
🧵👇 for specific examples.
Happy #MonopolyMonday!
Before you fill your @amazon cart with various gifts for your loved ones, we’re laying out how this corporate monopoly harms small and local businesses, exploits workers, and lies to consumers.
Before you fill your @amazon cart with various gifts for your loved ones, we’re laying out how this corporate monopoly harms small and local businesses, exploits workers, and lies to consumers.
2/ Let’s start with a lesson from @MorePerfectUS & @matthewstoller about how @amazon built its corporate monopoly.
Spoiler alert: cheating.
Spoiler alert: cheating.
3/ That hasn’t changed.
Damning reporting from @themarkup found that @amazon places products from its affiliated brands and ahead of competing products—even if those competitors have higher ratings & more sales.
themarkup.org/amazons-advant…
Damning reporting from @themarkup found that @amazon places products from its affiliated brands and ahead of competing products—even if those competitors have higher ratings & more sales.
themarkup.org/amazons-advant…
Happy #MonopolyMonday!
With the Fourth of July right around the corner, we’ll be spotlighting the various monopolies you’ll likely encounter around the holiday. 🇺🇸
From fireworks to beer & hotels for your weekend getaway, these industries are controlled by one or a few corps.
With the Fourth of July right around the corner, we’ll be spotlighting the various monopolies you’ll likely encounter around the holiday. 🇺🇸
From fireworks to beer & hotels for your weekend getaway, these industries are controlled by one or a few corps.
2/ One of the most exciting things that Americans look forward to on the 4th is fireworks. 🧨
What most Americans do not know is that it’s nearly impossible to buy American-made fireworks to celebrate w/ on the 4th.
news-leader.com/story/news/loc…
What most Americans do not know is that it’s nearly impossible to buy American-made fireworks to celebrate w/ on the 4th.
news-leader.com/story/news/loc…
3/ Because there are so few American-made fireworks, 98-99% of fireworks purchased in the U.S. come from China. 🎆
And one businessman controls ~70% of those fireworks, which has allowed him to raise prices & block competitors from entering the market.
washingtonpost.com/graphics/2018/…
And one businessman controls ~70% of those fireworks, which has allowed him to raise prices & block competitors from entering the market.
washingtonpost.com/graphics/2018/…
Happy #MonopolyMonday!
This week, we’re talking about concentration in the health care industry.
From hospitals to insurers, pharmaceutical manufacturers, retail pharmacies, PBMs and everything in between…nearly every part of the health care industry is concentrated. 💊🏥🩺
This week, we’re talking about concentration in the health care industry.
From hospitals to insurers, pharmaceutical manufacturers, retail pharmacies, PBMs and everything in between…nearly every part of the health care industry is concentrated. 💊🏥🩺
2/ Among other things, the 2010 ACA made health care integration & consolidation an explicit goal.
But as a framer of the ACA realized in 2016, “having every provider in health care ‘owned’ by a single org is more likely to be a barrier to better care.”
wsj.com/articles/i-was…
But as a framer of the ACA realized in 2016, “having every provider in health care ‘owned’ by a single org is more likely to be a barrier to better care.”
wsj.com/articles/i-was…
3/ Hospital consolidation has become a crisis.
In fact, a 2017 @politico analysis estimated that 2/3s of all U.S. hospitals were part of a chain. 🏥
politico.com/agenda/story/2…
In fact, a 2017 @politico analysis estimated that 2/3s of all U.S. hospitals were part of a chain. 🏥
politico.com/agenda/story/2…
1/ Happy #MonopolyMonday & #NationalMilkDay! 🥛
This week, we’ll be spotlighting America’s largest dairy monopoly— @dfamilk.
This week, we’ll be spotlighting America’s largest dairy monopoly— @dfamilk.
2/ After multiple acquisitions, @dfamilk now controls ~30% of all raw milk in the U.S.
Most recently, they announced in February 2020 that they would be acquiring @deanfoods, the largest producer of milk in the U.S., for $425 million.
cnbc.com/2020/02/17/dai…
Most recently, they announced in February 2020 that they would be acquiring @deanfoods, the largest producer of milk in the U.S., for $425 million.
cnbc.com/2020/02/17/dai…
3/ @deanfoods owned nearly 50 brands…and more than 40 of them were dairy products. 😳
Now, many of these brands and subsidiaries are owned by @dfamilk.
Now, many of these brands and subsidiaries are owned by @dfamilk.
1/ Happy #MonopolyMonday!
Coming off the heels of last week’s election, we thought it would be fitting to spotlight the biggest voting machine monopoly — @essvote.
Coming off the heels of last week’s election, we thought it would be fitting to spotlight the biggest voting machine monopoly — @essvote.
2/ Along w/ @dominionvoting & @HartInterCivic, @essvote dominates the production of voting machines.
But half of the country votes on @essvote machines alone. 😳
propublica.org/article/the-ma…
But half of the country votes on @essvote machines alone. 😳
propublica.org/article/the-ma…
3/ More than 160 million Americans cast their votes in the 2020 Presidential election, nearly 9 in 10 individuals who voted in person likely used a voting machine made by @essvote, @dominionvoting or @HartInterCivic.
whowhatwhy.org/2020/09/22/the…
whowhatwhy.org/2020/09/22/the…
1/ Good morning & happy #MonopolyMonday!
While Americans flock to their local pharmacy for COVID-19 testing, we’re taking a look at the giant trying to control their health care…@CVSHealth 🦠
While Americans flock to their local pharmacy for COVID-19 testing, we’re taking a look at the giant trying to control their health care…@CVSHealth 🦠
2/ The U.S. once had a decentralized pharmacy industry.
Today, @CVSHealth operates more than 9,900 pharmacies, controlling at least 26% of the drug store market nationally. 😳
Today, @CVSHealth operates more than 9,900 pharmacies, controlling at least 26% of the drug store market nationally. 😳
3/ With its 👀 on the prize, @CVSHealth began building its empire, buying the 84-store-chain Clinton Drug & Discount in 1972 & the 36-store-chain Mack Drug in 1977. 🏥
