Cory Doctorow on Nostr: But this acquisition-fueled growth isn't unique to tech. Every administration since ...

But this acquisition-fueled growth isn't unique to tech. Every administration since Reagan (but not Biden! more on this later) has chipped away at #antitrust enforcement, so that every sector has undergone an orgy of mergers, from athletic shoes to sea freight, eyeglasses to pro wrestling:

https://www.whitehouse.gov/cea/written-materials/2021/07/09/the-importance-of-competition-for-the-american-economy/

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