Systemic monopolization is the root cause of the widespread shortages and dramatic price hikes hitting businesses, workers, and families across the country.
With its new study, the @FTC will help policymakers better understand how concentrated power is eroding supply chains.
With its new study, the @FTC will help policymakers better understand how concentrated power is eroding supply chains.
https://twitter.com/FTC/status/1465416296116494347
2/ We’ve been sounding the alarm about the disastrous effects of consolidated corporate power & supply chains prior to COVID-19.
In February 2020, @matthewstoller predicted in @WIRED a supply chain crash would accompany a global public health crisis.
wired.com/story/covid-19…
In February 2020, @matthewstoller predicted in @WIRED a supply chain crash would accompany a global public health crisis.
wired.com/story/covid-19…
3/ And at our inaugural event in March 2020, we discussed the threat concentrated economic power poses to our supply chains w/ @repmarkpocan, @ddayen, @RushDoshi, @sarahmillerdc & Lucas Kunce.
4/ It’s clear that this issue is as important today, as it was 18 months ago,
As @matthewstoller made apparent in @guardian last month, consolidated corporate power is one of the biggest drivers of shortages and supply chain disruptions.
theguardian.com/commentisfree/…
As @matthewstoller made apparent in @guardian last month, consolidated corporate power is one of the biggest drivers of shortages and supply chain disruptions.
theguardian.com/commentisfree/…
5/ Thankfully, the Biden administration understands that big corporations are to blame for rising consumer costs and inflation.
washingtonpost.com/us-policy/2021…
washingtonpost.com/us-policy/2021…
6/6 We’re grateful that the @FTC is using their power to look into the impacts of supply chain disruptions on competition and consumers.
economicliberties.us/press-release/…
economicliberties.us/press-release/…
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