“If you allow corporations to consolidate power, they can use that power to inflate prices, to suppress wages, and to squeeze out small businesses. But they can also use that power politically in all sorts of ways.” Exactly. 🙏 @linamkhan.bsky.social
Reposted from
Ali Velshi
Fmr FTC Chair @linamkhan.bsky.social calls Trump‘s firings “blatantly illegal” & a nod to billionaire donors. It’s why Americans are flooding town halls & taking to the streets, says Khan.
“They’re angry at the concentration of power. [People] want a gov't that’s willing to fight for them.” #Velshi
“They’re angry at the concentration of power. [People] want a gov't that’s willing to fight for them.” #Velshi
Comments
Well it became the Competition Authority and now the Competition and Markets Authority.
The name changes reflect the intent and it's now a toothless poodle.
So yes, consolidation of power is where we are now.