Hal Singer(@halsinger):So the Editor at Large of The Wall Street Journal admits that what ails capitalism is that "much of the U.S. economy has become far more concentrated in the 21st century, with declining competition in most sectors resulting in a smaller number of firms with higher markups, profits and costs to the consumer." And the cure is to "bend policy toward promoting competition and scrutinizing anticompetitive activity and, where necessary, restraining corporate power through merger review, market access and targeted antitrust enforcement." Does that mean the anti-monopolists prevailed?

2026.08.17 20:13

So the Editor at Large of The Wall Street Journal admits that what ails capitalism is that "much of the U.S. economy has become far more concentrated in the 21st century, with declining competition in most sectors resulting in a smaller number of firms with higher markups, profits and costs to the consumer." And the cure is to "bend policy toward promoting competition and scrutinizing anticompetitive activity and, where necessary, restraining corporate power through merger review, market access and targeted antitrust enforcement." Does that mean the anti-monopolists prevailed?