The pernicious impact of monopolies in the U.S.

The New Republic – The One Issue the Left and Right Can Agree On – “In November, not long after Amazon announced that it would build its second headquarters in New York City and northern Virginia, Alexandria Ocasio-Cortez, the newly elected representative from Queens and the Bronx, tweeted that she’d been getting calls from residents all day. “The community’s response?” she wrote. “Outrage.” Amazon, as legal scholars were quick to point out, had become a monopoly so powerful it was using its economic heft to exploit not only competitors and suppliers, but entire states. New York and Virginia had agreed to subsidize helipads for Amazon CEO Jeff Bezos; Virginia even promised to help the company fight Freedom of Information Act requests. …Opposition to monopoly also brings the left and the center together with unlikely allies. Perhaps the most power­ful critique of corporate concentration in recent months has come…

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