Elizabeth Warren Takes a Bold Stand Against ‘Big Sandwich’ in Endorsement of Monopoly Investigation

<![CDATA[Monopolies are a problem that have bedeviled economics and economies from time immemorial. On the one hand you ideally want a free market in which goods are able to be exchanged and companies are allowed to join or separate as they see fit, but along with that freedom comes a risk of having companies acquire so many of their competitors that they begin to exert undue control over the prevailing market prices of goods. Even the founding father of Capitalism himself, Adam Smith, worried about the how ‘monopolies derange more or less the natural distribution of the stock of the society’ (although it should be noted that Smith was writing about a different type of monopoly, government trade monopolies).]]>