John Cassidy writes about a new generation of trustbusters who are trying to use anti-monopoly laws to roll back concentrations of economic power.
Khan and Jonathan Kanter, who is the head of the D.O.J.’s antitrust division, are the leaders of the Biden Administration’s effort to confront big businesses that it claims are exploiting their market power to enrich themselves to the detriment of their clients and the market as a whole. This campaign has sometimes been a rocky one.
Between 1990 and 2019, the report noted, the four biggest grocers have increased their combined market share from fifteen per cent to more than thirty per cent. The report was based on information from three grocery retailers , three large food wholesalers , and three big food producers .
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