2019-05-21 12:37:00 Tue ET
technology antitrust competition bilateral trade free trade fair trade trade agreement trade surplus trade deficit multilateralism neoliberalism world trade organization regulation public utility current account compliance
Chicago finance professor Raghuram Rajan shows that free markets need populist support against an unholy alliance of private-sector and state elites. When a few corporations dominate the U.S. economy, this oligopoly inevitably teams up with the primary instruments of state control for greater rent protection, political clout, and economic power concentration. Regulatory efforts should thus strike a delicate balance between legitimate antitrust scrutiny and capitalist productivity. In the post-modern era of global supply chains, American corporations benefit from enormous economies of scale and scope, network effects, and real-time data analytics for continual efficiency gains and performance improvements.
For instance, Amazon uses fast algorithms to learn from its internal real-time data to optimize delivery times, retail prices, and customer services etc; Facebook and Google applies artificial intelligence to optimize the dual-platform experiences of both mobile web users and advertisers; Apple monopolizes iOS app usage on its proprietary App Store online marketplace. These oligopolies often leverage their market power to charge higher mark-ups to the detriment of active users worldwide. Despite these key anticompetitive practices, the right regulatory response requires rebalancing the current oligopolistic industries to promote meaningful competition. U.S. capitalism needs bottom-up populist reforms and democratic communities to preserve trust in the vibrant market economy.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2019-12-13 09:32:00 Friday ET

Saudi Aramco aims to initiate its fresh IPO in December 2019. Several investment banks indicate to the Saudi government that most investors may value the mi
2019-04-30 07:15:00 Tuesday ET

Through our AYA fintech network platform, we share numerous insightful posts on personal finance, stock investment, and wealth management. Our AYA finte
2017-11-29 07:42:00 Wednesday ET

The octogenarian billionaire and activist investor Carl Icahn mulls over steps to shake up the board of SandRidge Energy after the oil-and-gas company adopt
2020-09-17 12:28:00 Thursday ET

Many successful business organizations develop their distinctive capabilities and unique value propositions for strategic reasons. Paul Leinwand and Cesa
2018-10-27 09:34:00 Saturday ET

U.S. automobile and real estate sales decline despite higher consumer confidence and low unemployment as of October 2018. This slowdown arises from the curr
2019-01-31 08:40:00 Thursday ET

We offer a free ebook on the latest stock market news, economic trends, and investment memes as of January 2019: https://www.dropbox.com/s/4d8z