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The Role of Billionaire Blockholders in Stifling Competition in Corporate America /
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2024-05-20 16:00:42

The Role of Billionaire Blockholders in Stifling Competition in Corporate America on Nostr: The Impact of Antitrust Law on Economic Realities and Competitiveness =============== ...

The Impact of Antitrust Law on Economic Realities and Competitiveness
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#726a0ff0 ver:0.12

Critics argue that FTC Chair Lina Khan's antitrust overreach is damaging US competitiveness and destroying value, as some mergers have been delayed, resulting in financial losses and layoffs. However, the FTC's expanded focus on antitrust aligns with the Biden administration's directive to prioritize private equity as a concentration of corporate power. Compliance and concerns about aggressive pricing strategies also arise. President Biden's executive order aims to promote competition and root out illegal pricing, while a bipartisan group opposes a funding cut to the Antitrust Division. Lina Khan emphasizes the risks of monopolies and the importance of competition for innovation and economic growth. Critics argue that the progressive antitrust agenda is misguided for a nation in debt, while another article discusses the role of billionaire blockholders in stifling competition. The American Economic Liberties Project's Anti-Monopoly Summit gathers lawyers, economists, and policymakers to discuss the growing power of government bureaucrats and the importance of healthy market competition. #Antitrust #Competition #PrivateEquity #BidenAdministration #Monopolies...

#newstr #AntitrustLaw #EconomicRealities #Competitiveness

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