The Long, Slow Death of the Internet with Cory Doctorow
Factually! with Adam Conover
00:00
The Limits of Vertical Integration
In the late nineteenth century, there was a presumption that companies shouldn't be allowed to merge with their competitors. The people who wrote these statutes and voted for them were super explicit that they said they didn't like monopolies because monopolies created concentrated corporate power. They had this thing we can really only describe as a conspiracy theory. And in the case of anti trust, they had this thing called 'the court sorcerr' This is an economist's interpretation of what happens when you give government too much power.
Transcript
Play full episode
