Robert Reich
@RBReich · Dec 29, 2022
Wall Street has consolidated into 5 giant banks.
Airlines have merged from 12 carriers in 1980 to 4 today.
A handful of drug companies control the pharmaceutical industry.
Four giants control over 80% of meat processing.
The evidence of corporate concentration is everywhere.
Elon Musk
@elonmusk
Agreed, reduced competition is not good for the people
04:18 AM · December 30, 2022 · 6.7M views
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