Speech by Senator Elizabeth Warren on the problem of American monopoly

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Speech by Senator Elizabeth Warren on the problem of American monopoly
Speech by Senator Elizabeth Warren on the problem of American monopoly
In recent months, Americans have witnessed a renewed interest in a problem that most of us thought had long been resolved: monopolies. The Economist criticized the US government for failing to enforce laws intended to prevent monopolies and promote competition. The White House issued an unprecedented executive order calling on agencies to take steps to encourage competition. The Senate Antitrust Subcommittee held a lively hearing in which leaders from both parties agreed that antitrust enforcement agencies are not doing enough to defend competition in the United States.

Meanwhile, scholars ranging from Paul Krugman to Joseph Stiglitz have linked the return of monopoly to many of America's biggest problems, including inequality, declining growth, and reduced job mobility.

Learn more: http://www.newamerica.org/open-markets/events/americas-monopoly-problem/

Join New America's Open Markets program for a discussion exploring the growth of concentration in the American economy, its effects on American economic and political life, and potential solutions to restore and protect competition in America. The discussion will feature panels featuring leading antitrust and competition policy experts and a keynote address from the Honorable Senator Elizabeth Warren (D-MA).

To find a curated list of further reading for the event, organized by topic: http://www.newamerica.org/open-markets/articles/americas-monopoly-problem-further-reading/

To find a timeline of antitrust, big data and privacy issues in the European Union: http://www.newamerica.org/open-markets/articles/antitrust-big-data-and-privacy-europe- timeline/

The Open Markets program is also co-sponsoring a related discussion on June 30 at the National Press Club, hosted by our partner The Capitol Forum.

New America is dedicated to renewing American politics, bringing prosperity and purpose in the digital age through big ideas, technological innovation, next-generation politics and creative engagement with a wide audience.

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