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In her new book Antitrust: Taking on Monopoly Power from the Gilded Age to the Digital Age, Senator Amy Klobuchar, the senior senator from Minnesota and former candidate for president of the United States, and the ranking member of the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights, takes on monopolies.
She begins with the Gilded Age (1870s-1900), when builders of fortunes and rapacious robber barons such as J.P. Morgan, John Rockefeller, and Cornelius Vanderbilt were reaping vast fortunes as industrialization swept across the American landscape, with the rich getting vastly richer and the poor, poorer.
And takes on the issues raised by giant tech companies, such as Facebook, Google (it reportedly controls 90 percent of the search engine market), and Amazon putting forth her plans, ideas, and legislative proposals designed to strengthen the antitrust laws and antitrust enforcement discussing the way forward to protect all Americans from the dangers of curtailed competition, and from vast information gathering, through monopolies.
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