Monopoly or Monopsony

Prime Mover: How Amazon Wove Itself Into the Life of an American City – The New York Times

Amazon just put this department store out of bussiness in Baltimore, and its largest hardware store, both owned by the same family. “. . .  Ms. Black said she quit after two written warnings that she wasn’t meeting productivity standards, knowing a third would get her fired. “The machines determine so much,” she said. “You’re …

Prime Mover: How Amazon Wove Itself Into the Life of an American City – The New York Times Read More »

Opinion | Don’t Fall for Facebook’s ‘China Argument’ – by Tim Wu – The New York Times

America’s global dominance in technology requires fierce competition at home, not the coddling of monopolies. By Tim Wu Mr. Wu is a law professor who specializes in antitrust. Dec. 10, 2018,  69  Image CreditCreditAlex Merto “Over the last year or so, Mark Zuckerberg of Facebook and other American tech leaders have issued a stark warning to those …

Opinion | Don’t Fall for Facebook’s ‘China Argument’ – by Tim Wu – The New York Times Read More »