The Curse of Bigness: Antitrust in the New Gilded Age

by Tim Wu

The road to fascism and dictatorship is paved with failures of economic policy to serve the needs of the general public.

American antitrust needs both to return to its broader goals and upgrade its capacities. It needs better tools to assess new forms of market power, to assess macroeconomic arguments, and to take seriously the link between industrial concentration and political influence.