Democratic presidential hopefuls are coming out in force against the
rapid pace of corporate consolidation, a message to 2020 voters that
gained volume during their first debates in Miami last week. They’re
expanding their pledges to take on big tech, including Facebook and
Alphabet, to other industries.
Attacking big corporations is both a political message and a policy prescription. It’s one way Democrats think they can address the concerns of voters who have fallen behind, even as the U.S. economy continues to expand. As Democrats gear up to try to take back the White House in 2020, they hope the anti-corporate tone taps into the populist passion that propelled Donald Trump in 2016.
“Whoever is elected on the Democratic side would be more aggressive on antitrust than we have seen in decades,” said Jason Furman, a former chairman of President Barack Obama’s Council of Economic Advisers who chairs a U.K. initiative on digital competition.
Read more at: The next Democratic president is coming for your monopoly
Attacking big corporations is both a political message and a policy prescription. It’s one way Democrats think they can address the concerns of voters who have fallen behind, even as the U.S. economy continues to expand. As Democrats gear up to try to take back the White House in 2020, they hope the anti-corporate tone taps into the populist passion that propelled Donald Trump in 2016.
“Whoever is elected on the Democratic side would be more aggressive on antitrust than we have seen in decades,” said Jason Furman, a former chairman of President Barack Obama’s Council of Economic Advisers who chairs a U.K. initiative on digital competition.
Read more at: The next Democratic president is coming for your monopoly
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