US EditionMonopoly Power and Geopolitics
2 Articles
2 Articles
The world is experiencing a phase of profound and turbulent change. Several factors mark this transition. China’s astounding rise—which questions U.S. hegemony—and Russia’s brutal struggle to rebuild its empire, has joined the US metamorphosis that, under Trump, is abandoning the model that underpinned its primacy, retreating from the global system it built, opting for blatant unilateralism and opening cracks in its traditional alliances. Techno…
Monopoly Power and Geopolitics
U.S. politics this decade has been marked by the tenuous revival of two previously dormant paradigms: the anti-monopoly tradition and developmentalism centered on industrial policy. Interest in the former arises from concern over market concentration and Big Tech’s outsized role in shaping and controlling markets, which has enabled new forms of rent-seeking and predation, particularly by oligopolistic firms that wield price-making power. The lat…
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