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The most significant antimonopoly reforms offered up a couple of weeks ago by a Minnesotan did not come from Sen. Amy Klobuchar, but rather the Minnesota House.
The legislation would overhaul Minnesota’s antimonopoly laws and provide new tools for reclaiming economic power from massive corporations. During the Gilded Age, the Minnesota Legislature lead the way in taking on the railroad and grain monopolists; now policymakers have a chance to lead the fight against Big Tech and others in our new “Gilded Age.”
The effort to curb monopoly power is often viewed as one reserved for the federal government. It is true that enforcers at the Federal Trade Commission and the Department of Justice, among others, have significant authority to reduce corporate concentration. However, the effectiveness of those agencies is highly dependent on who occupies the White House, and even more vigorous enforcement is not enough to overcome four decades of bad judicial precedent that has eroded our nation’s protections from economic concentration. We need reform and while Congress is gridlocked, our state legislators have an opportunity to play a meaningful role; and Minnesotans need them to.
Families across the state are suffering under the weight of record inflation that has caused wages to fall back to their pre-pandemic levels. Profiteering from corporate giants like 3M and Cargill is to blame as pricing power...
In the summer of 2023, northern Ontario ironworker Jonathon Pearce filed bogus tax returns to the Canada Revenue Agency, falsely claiming he was owed refunds going back several years totalling mor...