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blmohr
@blmohr
, 3 tweets, 1 min read Read on Twitter
"His panel is beginning a broad re-examination of the nation’s antitrust laws and how they can address the market power of the most highly capitalized corporations in the country."
huffpost.com/entry/congress…
"...bipartisan legislation offered by Cicilline & Collins. Their bill would allow news publishers to band together in order to negotiate w/ digital platforms like Facebook & Google...Current antitrust laws forbid news publishers from working together in that way."
This.
"The problem is that over that same period of time, much of the ad revenue that once went to print news publishers was redirected to online platforms...Facebook & Google have sucked up almost all of the new online advertising $$ at the expense of all other publishers."
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blmohr
@blmohr
Company part-owned by Jared Kushner got $90m from unknown offshore investors since 2017 amp.theguardian.com/us-news/2019/j…
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blmohr
@blmohr
“Citigroup, Royal Bank of Scotland Group, UBS Group, Barclays & JPMorgan Chase are named in a class action lawsuit...seeking damages for colluding on foreign-exchange trading strategies.” afr.com/markets/curren…
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blmohr
@blmohr
“Political lobbying in the US that helped block the progress of proposed climate regulation a decade ago led to a social cost of $60 billion.” carbonbrief.org/lobbying-again…
“The Waxman-Markey bill, described by the study’s authors as “the most prominent and promising US climate regulation so far”, did not make it past the Senate in 2010, meaning it never passed into law.”
“Formally known as the American Clean Energy and Security Act 2009, the bill proposed a 17% cut in US emissions by 2020 – and then 80% by 2050 – based on 2005 levels.”
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Values, believing, independent thinking, teamwork
@Bruno_Brunelli
India (Bhārat), aka Republic of India (Bhārat Gaṇarājya) constitutes a mosaic of paradoxes and contradictions starting with the existence of gigantic socio-economic disparities which are in sharp contrast with the spectacular technological development in most productive sectors.
Such contradictions reflect significant measurement discrepancies which, in India's case, could be on the order of hundreds of millions of people.
Furthermore, there is the problem of Islamic terrorists, who are trained abroad and find easy fuel in the contradictions within it.
Finally, there’s agriculture which, by some estimates, accounts for 90% of India’s water consumption. Farmers meet irrigation demands by indiscriminately extracting groundwater, which some say accounts for a quarter of the world’s groundwater usage.
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Alamo_on_the_rise
@AlamoOnTheRise
Trump: Day 774
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Hal Singer
@HalSinger
Sen. Lee: I don't share the enthusiasm to use #antitrust to address inequality/discrimination issues presented by the tech platforms. Antitrust shouldn't be used as a swiss-army knife. Congress has other policy tools.

1/N
#AntitrustSubcommitteeHearing
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Reich: Pharma, agricultural, and tech present biggest problems. Less innovation, less productivity. Reduced level of business formation. Wages suppressed by monopsony power of dominant local buyers. Portion of economy going to wages dropping.

#AntitrustSubcommitteeHearing
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Mona Eltahawy
@monaeltahawy
I call him the American Sisi for a reason: “Given my experience working for Mr. Trump, I fear that if he loses the election in 2020, that there will never be a peaceful transition of power,” Cohen told the House oversight committee during his testimony. huffpost.com/entry/michael-…
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Greg Rubini
@GregRubini
1. #Antitrust Sherman Act
Antitrust Clayton Act
Antitrust Federal Trade Commission Act of 1914.

#Google , #Twitter and #Facebook violate all 3 Laws.
they must be broken-up and shattered.

remember United States vs. Rockefeller's Standard Oil - 1911
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3. "The Federal Trade Commission, the U.S. Department of Justice, State governments and private parties may bring actions in the Courts to enforce the #Antitrust Laws."
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Congressional Antitrust Caucus
@AntitrustCaucus
The first @AntitrustCaucus briefing will focus on the impact of economic concentration on racial and gender inequality:
The briefing panelists include @Sally_Hubbard, @NellAbernathy, Seema Nanda of @civilrightsorg, Prof. Marcellus Andrews of @BucknellU, and @DiBartz of @Rueters, who will moderate the panel.
Over the past several decades, waves of mergers coupled with lax antitrust enforcement have led to excessive concentration and market power across the economy. economist.com/news/briefing/…
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