To Regulate Big Corporations, Understand How They Got That Way

Corporate power is in the crosshairs of the Biden administration. Through appointments to the Department of Justice and the Federal Trade Commission and his own statements, President Biden has signaled a desire to rein in some of the largest corporations in the United States. The DOJ sued Google for monopolistic conduct in January (the second such federal suit against the digital giant), and the FTC is reportedly preparing a lawsuit against Amazon that could be filed in the next few months.