Lawsuits are common in politics, but there was one filed last Friday that is not common at all: someone has brought an antitrust suit, alleging that the major political parties have monopolized politics, and it is not exactly some crackpot who did it.
Congress and the FCC need to confront the looming monopoly environment most consumers now face for broadband service. If they don't reverse course and start dealing with the reality they've created, even the best conditions will be meaningless.
The FCC had the opportunity to protect consumers by requiring more effective conditions, closing the loopholes created by the DOJ's inconsistent proposed final judgment, and imposing FiOS build-out conditions.
Congress and the FCC have put themselves at this juncture where they now have to choose between taking strong steps the biggest companies abhor, in order to enable competition -- or actually regulating a broadband monopoly.
It's not possible for Amazon to both (1) sell e-books at a loss in order to reap big profits on Kindle devices, and (2) sell Kindles at a loss to reap big profits on e-books. It may be doing 1 or it may be doing 2, but it can't be doing both at the same time.
Since March 2011, Bloomberg has been trying to hold the Comcast-NBCU media behemoth to the
promises it made, and agreed to, in order to complete the takeover that resulted in one of the biggest media companies in history.
The idea of big companies continuing to control their markets, and control the behavior of consumers, continues to march on. Even now, two major deals are proceeding apace, one in telecom and one in the entertainment world.
Monsanto's monopoly limits farmers' choices and threatens our livelihoods. But America's antitrust laws were enacted to protect us from this very situation. These laws are premised on the belief that competitive markets produce the best products, and they need to be enforced.
The NCAA's collegiate model -- if it ever really existed -- died long ago and cannot be resuscitated. No matter how many times the big-time college-sport triangle is measured and re-measured, the sum of its angles is clearly not 180°.
While the big news among food activists has been the unsettling possibility that a secret farm bill could be snuck into the super committee's recommendations and passed with no public input, Republicans have furtively dealt a crippling blow to family farmers and consumers.