Break 'em up, say Dems: Why the 2020 field is taking aim at monopolies

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Drawing a page from turn-of-the-century populists, Democrats running for president are increasingly railing against monopoly power on the campaign trail.

that joined Warren in condemning a recently approved merger between Bayer and Monsanto.

The political upside is clear in Iowa. On Saturday, Warren is attending the Heartland Forum event in Storm Lake with two other 2020 Democratic candidates, Sen. Amy Klobuchar of Minnesota and former Rep. John Delaney of Maryland, as well as Rep. Tim Ryan of Ohio, to discuss corporate concentration in rural America. The event is sponsored by Open Markets Action, HuffPost, The Storm Lake Times, and the Iowa Farmers Union.

"Plenty of people who you would affiliate with the center of the Democratic Party started saying openly we needed a more vigorous antitrust policy," Marshall Steinbaum, a fellow at the Roosevelt Institute who researches the topic, told NBC News. Still, the primary is a free market — and she has competition. Klobuchar, the ranking Democrat on the antitrust subcommittee, has also made corporate consolidation a target in speeches and interviews. In 2017, she put out legislation that would place a higher burden on companies seeking federal approval for a merger.Underlying the resurgent antitrust movement is an argument that the government needs to take a broader view on the economic effects of larger companies.

The hot word in Democratic policy circles these days is"monopsony," a scenario in which a few businesses dominate the labor market, giving them more leverage over wages and benefits as employees have fewer options if they want to leave. Some economists see it"The rise of concentration across U.S.

 

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My hats off to the first person who proposes legislation to deal with companies who put us in these long contracts, don't live up to there end of the bargain, but give us stiff penalties if we leave early.

Um yeah why not

ChairmanBuckley Anyone with a new technology knowing that they will come under attack by the likes of Warren will likely take their new technology off shore. What will happen to this egoist when her campaign goes down the crapper? Worthless.

neeratanden Don't tell MSNBC, but the media monopolies need to be broken up too.

neeratanden Cause monopolies suck

Because of out of control greed.

Ah yes, let the only legal monopoly called 'government' regulate other monopolies. What could possibly go wrong?

After 145 years Ringling Bros Circus closed. Couldn't compete with the Democratic Party.

Because if you've ever played the game you'll have noticed rhat Monopolies are not a good idea. That was the original point to the game, in fact. What you have now are virtual monopolies due to overconsolidation. Still not cool. Dems get that.

Our government is the biggest monopoly & democrats are trying to greatly expand that so their logic is confusing

globalization for humanity - progress - not - monopolizing industries and tech giants

PassarelliAllan Burnt looks out of place in this photo.

where is your coverage of the sexual harassment claims against Biden ? And you wonder why the country just laughs at your bias and fake news.

The field is an embarrassment

The reason why healthcare isn’t fixed is because this group takes donations from big pharmaceutical companies. They are liars and frauds.

Here we go Hillary re-boot 2020. Donny will bury you all.

Is that slang for Trump?

What do they think about trade with China? Everything is 'Made in China.' That's a monopoly. Do the Democrats care? Or are they Chinese puppets working for the Chinese government?

What monopolies do we have?

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