"Marshall Steinbaum"

Beyond antitrust: the anti-monopoly movement and what it stands for

During a lunch break at the “New Future for Antitrust” conference at the University of Utah, Lina Khan (previously), Marshall Steinbaum (previously), and Tim Wu (previously) drafted "https://onezero.medium.com/the-utah-statement-reviving-antimonopoly-traditions-for-the-era-of-big-tech-e6be198012d7"The Utah Statement, setting out a program for fighting monopolies beyond the mere revival and exercise of antitrust law, premised on the notion "that concentrated private power has become a menace, a barrier to widespread prosperity." Read the rest

The majority of US workers live in "employment monopsonies" where there is little or no competition for workers

In Labor Market Concentration, a new working paper from economists at U Penn, U Navarra and the Roosevelt Institute, researchers analyze a large US government data-set to determine how many workers live in markets where there is effective only one or two employers, a situation called "monoposony" (when a single buyer has a monopoly). Read the rest