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Dear John, Please join us for a briefing with Matt Stoller, Director of Research at the American Economic Liberties Project and author of Simon and Schuster’s Goliath: The hundred Year War Between Monopoly Power and Democracy as we discuss the role of monopoly power in the ongoing global pandemic and its direct impact on the small business sector. The recent announcement of mounting antitrust scrutiny against Amazon, Facebook, and Google underscores the importance of understanding corporate power and the need to empower small businesses in America to fight back against economic concentration. These past few months have laid bare the structural disadvantages that smaller businesses face. Congress’s misguided reliance on large financial institutions to provide the infrastructure to expediently distribute economic relief to small businesses — while large institutions are supported by the Fed — demonstrates just how ill-equipped we are as a country to support dynamic, competitive markets in which small businesses can start and thrive. For decades, policymakers on both the left and the right have failed to protect markets across the economy from monopolization, but there is emerging momentum for beginning to do so. Join us for a conversation with Matt Stoller to discuss policymakers’ role in ensuring markets are open and fair and a political context that is increasingly ripe for abandoning decades of deference to monopoly. | |
