Wednesday, February 17, 2010

robert bork, william baxter and the monopolization of america

Corporate Crime Reporter | You walk into your local convenience store and head to the cold walk-in beer room in the back.

The choice is overwhelming.

Budweiser, Michelob, Bud Light, Busch Light, Stella Artois, Grolsch, Kirin,Tsingtao, Corona, Negra Modelo, Rolling Rock, Widmer, Miller and Coors.

In fact, all of these beers are controlled by two companies.

MillerCoors under the direction of South African Breweries (SAB) and AnheuserBusch In Bev.

Two multinational corporations controlling the beer choices of 300 million Americans.

And it’s not just beer.

One single multinational corporation dominates the world supply of eyeglass stores.

One dominates the milk supply.

Barry Lynn goes down the list of industries.

And he finds a similar story across the board.

A handful of multinational corporations controlling each industry – or the supply chains of each industry.

Such dominant monopolies were illegal just thirty years ago.

But that all changed with Ronald Reagan and Robert Bork.

A corporatist oligarchy took hold.

President Obama has promised aggressive antitrust enforcement.

But Lynn says it’s pie in the sky.