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Matt Stoller Profile picture
Matt Stoller
@matthewstoller
Hi. I work at the American Economic Liberties Project. I wrote a book called Goliath and the monopoly-focused newsletter BIG: https://t.co/8QDW3bH1y3
EricStoner Profile picture CatsFive - MAGA / WWG1WGA Profile picture Drew Tagliabue Profile picture Michael Barger Profile picture Eugenia Wang Profile picture 62 subscribed
Jul 25 • 11 tweets • 3 min read
Democratic Silicon Valley billionaire Reid Hoffman gives $7m to Harris, immediately demands she fire FTC Chair Lina Khan. Donor or owner? LinkedIn founder Reid Hoffman thinks he owns Kamala Harris. Imagine giving $7 million and then publicly demanding a total reversal of tough on corporate crime policies. Harris took the money, she needs to repudiate this.
Jul 12 • 8 tweets • 2 min read
Neoliberalism doesn't mean being anti-government or for the free market or for or against welfare, it is a specific form of statecraft that uses financial markets as a veil to disguise governing policies. Neoliberalism means organizing state policies by making them appear as if they are the consequences of depoliticized financial markets. It means moving power from public institutions to private ones, and allowing governance to happen through concentrated financial power.
Jul 9 • 12 tweets • 3 min read
House Energy and Commerce Committee hearing starting with Lina Khan testifying. Republican @RepGusBilirakis is blasting Khan for releasing a report on PBMs and saying she's terrifying 'innovators.' energycommerce.house.gov/events/innovat… So Republican @RepArmstrongND knows Khan is doing an excellent job consistent with his priorities on big tech but lies about it because that's what you do when you're a Republican and someone actually governing is in front of you.
Jul 2 • 6 tweets • 2 min read
The Supreme Court's Loper Bright decision just overturned a case in which Biden was trying to deport an immigrant found guilty of aggravated child abuse.

Fun times. Image The Supreme Court's Loper Bright decision just vacated a decision saying a small solar panel plant gets to sell electric power to big utilities. Image
Jun 30 • 10 tweets • 2 min read
1. There are four parts to the Democratic Party, and only one matters right now. There are media Dems, policy Dems, donor Dems, and regular Democrats. Only the regulator Democrats matter. Who are they? They are the electeds, unions, black preachers - those who deal with voters. 2. Each has their role. Media Dems communicate the message. That's the NYT and Washington Post, MSNBC, black radio, etc. Most deny they are partisan but sure Jan and all that. They want Biden to step down.
Jun 27 • 23 tweets • 8 min read
1. Let's talk economic termites, the companies you don't notice, but behind the scenes overcharge you in ways you don't see. Today we're going over CDK Global, a software company that raises the price of cars. thebignewsletter.com/p/economic-ter… 2. CDK Software is business software for auto dealers, managing service, parts and inventory, vehicle financing, accounting, payroll, insurance information, customer information, etc. 15,000 auto dealers use it nationwide. thebignewsletter.com/p/a-supreme-co…
Jun 11 • 4 tweets • 1 min read
"We are also proposing a ban on lenders repossessing wheelchairs, prosthetic limbs, and other medical devices."

That's good wait wtf that's a thing?!? "It is perhaps immoral to repossess a prosthetic limb but it's not the state's role to prohibit a private equity fund from doing so." - former Senator Pat Toomey, probably
May 15 • 13 tweets • 3 min read
The spread of Walmart in the 1980s shattered Southern politics, that’s *purely* a trade and antitrust story. The civil rights movement is not why the South went to the right.

Also West Virginia was never Republican. The story of civil rights delivering the south to the right makes no sense! The myth of modern liberalism is rooted in southerners being racist instead of Jimmy Carter and Ted Kennedy deregulating airlines and trucking to crush labor. It’s just rich kid story time.
May 1 • 4 tweets • 1 min read
Boeing whistleblowers keep suddenly dying. Image Image
Mar 24 • 6 tweets • 2 min read
Can we admit Obamacare was a disaster and Obama was a bad President yet? Or are we still pretending that Biden is the problem because he’s not cool? time.com/6279937/us-hea… If the Rs has an alternative beyond ‘feed sick people into a woodchipper’ they would have implemented it already.
Mar 13 • 11 tweets • 4 min read
1. A lot of people involved in the TikTok debate are saying 'hey but we aren't regulating our own social media firms so going after TikTok is cray cray.' But there is actually a lot Biden is doing to regulate social media and data you just don't know about. So let's take a look. Image 2. First, the Federal Trade Commission has banned Meta from tracking kids and using surveillance advertising to kids, and Meta is in litigation which it is slowly losing.
Mar 5 • 7 tweets • 3 min read
Here's WH Press Secretary reading out talking points denying the 20% cut to the Antitrust Division budget. It would be nice if more than 5 people in the administration knew anything about the administration's policies. It’s also nonsense. DOJ number #2 and ex-Apple lawyer Lisa Monaco’s absurd slush fund got a boost of $2 million from six months ago, the Antitrust Division got gutted.

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Jan 17 • 4 tweets • 1 min read
Not to get all Will Stancil, but it is weird how little anyone on Twitter wants to give credit to Biden for doing good stuff. Like he cuts overdraft fees and the response is 'More half measures! Yay. I wonder how watered down this will get if it even happens.' It did happen! I mean @joebiden and @PeteButtigieg preside over the smoothest travel season in a decade after massively punishing Southwest and there's zero interest, even from Buttigieg fans.
Dec 12, 2023 • 5 tweets • 2 min read
Media corruption is so obvious. Yesterday there was a historic antitrust win against Google’s monopoly. Does NY magazine cover it? Nope. They release a bad faith hit piece on Lina Khan and anti-monopolists. Image “fatal to a once-in-a-generation movement to dramatically transform government antitrust policy, for better or worse”

This is literally published 5am the day after Google lost a historic antitrust case.
Dec 1, 2023 • 21 tweets • 4 min read
This isn't actually wrong. DEI is what a civil rights movement looks like without unions. The ugly truth about racial politics is in the 1970s civil rights leaders gave up on the working class and turned to corporate compliance and 'justice via webinar.' Sociologist Frank Dobbin wrote up this dynamic in 'Inventing Equal Opportunity,' but he misses the corrupting reality of letting people dispute employer action around narrow identity grievance but under no other terms. press.princeton.edu/books/paperbac…
Nov 12, 2023 • 4 tweets • 1 min read
It’s weird to learn that all the time going to synagogue and praying and studying the Torah is irrelevant to Judaism and that what I should have been doing is blindly support Netanyahu. Good to know. I thought Judaism was an ethical, religious and cultural grouping, it’s nice to learn it means supporting Likud. So much less complicated than having to tell right from wrong and dealing with existential questions!
Oct 4, 2023 • 5 tweets • 1 min read
My unpopular take is that Matt Gaetz is very smart and motivated by policy aims. Matt Gaetz is probably the most aggressive R on antitrust and commercial surveillance, and he wants to end arbitration agreements. I've watched him in hearings and markups in my area, the guy knows what he's doing.
Oct 1, 2023 • 7 tweets • 2 min read
This is pretty much every discussion with a Democrat about why Obamacare was a bad law.

"I don't believe reality." The basic issue with Obamacare is that Obama tackled the *wrong problem.* He thought the problem is that not enough people have this weird financial product called health insurance.

The actual problem is everything costs too much because monopoly/fraud.
Sep 28, 2023 • 8 tweets • 3 min read
Greedflation alert! The Antitrust Division is suing over price-fixing of chicken, turkey, and pork products. 90% of the market is unlawfully inflated. justice.gov/opa/pr/justice… The conspiracy here to hike meat prices is remarkable. One Tyson executive explained, “we not only have to increase our price but we also have to out run our competitors[’] improvements.” justice.gov/d9/2023-09/agr…
Jul 24, 2023 • 14 tweets • 4 min read
1. There's a myth that the antitrust agencies are 'losing'. So I'm going to go over a bunch of the actual wins. First is Sportsman's Warehouse attempt to buy Great Outdoors in 2021. https://t.co/cvorsADn4freuters.com/markets/deals/…
Image 2. The FTC beat Warren Buffett's attempt to monopolize pipelines in Utah. Image
Jul 13, 2023 • 34 tweets • 7 min read
Here's Republican House Judiciary Chair Jim Jordan this morning on CNBC saying it's important to let big tech engage in acquisitions because "that's gonna help the country and help the consumer."

Ladies and gentlemen, the realignment! Ok I'll be live-tweeting the Judiciary Hearing where Jim Jordan is grilling the FTC's Lina Khan. Jordan starts by saying that the last 40 years of antitrust has been *excellent* and produced more wealth than ever created in human history