Who’s Hurt When Monopolies Crash and Burn? | The Smirking Chimp

History Repeats. Lessons Unlearned,

It’s the same vicious cycle: Corporations achieve monopolies that shaft consumers while pulling in big money, a portion of which is used to bribe politicians to look the other way.

This is not solely a Republican problem. The Ticketmaster Live Nation merger was approved by the Obama administration. FTX and Bankman-Fried were major contributors to Democrats. Republicans are more dependent than Democrats on big money, but far too often both parties are drinking from the same trough.

Source: Who’s Hurt When Monopolies Crash and Burn? | The Smirking Chimp

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