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2018 m. gegužės 2 d., trečiadienis

How to reduce the power of monopolies in society?



    "The further development of institutional investors must be blocked, since these institutional investors now buy shares of all competing airlines, and force them to unreasonably raise prices for passengers. The institutional investors need to be restructured. They should be allowed to own shares of no more than one company in the same industry or have a maximum of a small percentage of each company, say 1%.    
Antitrust authorities should also stop companies that use mergers to control labor markets. Selling tractors businesses from one city should be allowed to merge only in one case: if their mechanics and other workers continue to have some employment opportunities after the merger. Some of the world's largest employers, such as Amazon, Compass Group catering services, and Walmart, have to be divided into many smaller competing in the labor market businesses.     
Regulators also need tougher control over technology monopolies and stop their power misuse by purchasing innovative competitors. Facebook's unlimited market power is what allows for scandals such as Cambridge Analytica, in which consumer information was used to manipulate electoral processes. American Senator Lindsay Graham raised the question that Facebook founder Mark Zuckerberg could not answer: "If I buy a Ford car and that Ford does not work well, and I do not like it, then I can buy a Chevy." If I am not happy with the results of Facebook, what is the equivalent product that I can choose? ""

Will American President D.Trump succeed in defeating the money of these monopolies, like Amazon, that he is complaining against often, and organize such reforms? China's President Xi Jingping claims that D.Trump's reforms will not succeed without China's use of the oriental despotism, communist governance, so that only China could be allowed to gain enormous power in the world, being the first to introduce powerful new today's technologies into our everyday life. I think D.Trump will manage his reforms.

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