Matt Stoller
@matthewstoller.bsky.social
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Populist rage is continuing to build. And Jeff Bezos just taught an entire slice of liberal elites how oligarchy really works. Turns out, they donāt like it.
open.substack.com/pub/mattstol...
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Jeff Bezos Just Taught Liberal Elites How Oligarchy Really Works
Bezos was feted as the savior of the Washington Post in 2013, now he's reviled for mass layoffs. But it's also Google who helped crush the paper. Liberal elites are starting to learn about oligarchy.
https://open.substack.com/pub/mattstoller/p/jeff-bezos-finally-pulls-the-mask?r=g9qw&utm_medium=ios
22 days ago
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Rick Perlstein
25 days ago
I don't mean to seem alarmed, but it appears Google's book search function is, just...gone. In a sane country it would be a huge deal, front page news, that a privately owned utility that millions researches, from journalists to scholars, rely on every day to advance knowledge can just disappear.
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Kevin Sanchez
about 1 month ago
"Google may be seeking to become our central planner and price setter."
www.levernews.com/googles-ai-k...
via
@matthewstoller.bsky.social
&
@thelever.bsky.social
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Googleās AI Knows What Youāll Pay
Google Geminiās real business model isnāt chat. Itās price control.
https://www.levernews.com/googles-ai-knows-what-youll-pay
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Important moment as Congress passes a law going after UnitedHealth, CVS, and Cigna. The break up of big medicine is starting.
open.substack.com/pub/mattstol...
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BOOM: Congress Imposes Public Utility Rules on UnitedHealth, CVS, and Cigna
Pharmacy benefit managers owned by UnitedHealth, CVS, and Cigna drive up costs and harm patients. Finally, the House and Senate agreed on rules to cut into their power.
https://open.substack.com/pub/mattstoller/p/boom-the-break-up-of-big-medicine?r=g9qw&utm_medium=ios
about 1 month ago
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Brad Weed
about 1 month ago
Pure gold passed down from
@matthewstoller.bsky.social
www.youtube.com/watch?v=_khH...
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The Middlemen of Healthcare
YouTube video by Dr. Glaucomflecken
https://www.youtube.com/watch?v=_khH6pZnHCM
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Looks like Elon Musk got a little favor in a recent funding bill, a mandate the FAA block anyone trying to track any info about private jets upon a request of the owner.
about 1 month ago
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The reason the right focuses on Somali frauds in Minnesota is because it means they donāt have to focus on anything that they have done or that Donald Trump has done. Itās the same thing as the tan suit scandal for Obama dead enders.
about 1 month ago
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Mia Sato
about 1 month ago
New: I went to the National Retail Federation's big trade show this week to see what the brands are planning for us ā and it got dark very fast! Get ready to see AI in just about every stage of buying things.
www.theverge.com/tech/863365/...
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I saw the future of retail, and itās all AI
Retailers are putting AI in everything from HR software to customer tracking
https://www.theverge.com/tech/863365/national-retail-federation-show-shopping-commerce-ai
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Trump has harmed Canada in mean-spirited ways. But the problems that Canada has are also internal and corruption-related, and the relationship China has with Canada is fundamentally predatory. Trump is a convenient excuse. He's also an accelerant.
add a skeleton here at some point
about 1 month ago
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Ali Velshi
3 months ago
Home ownership is now out-of-reach for many Americans.
@matthewstoller.bsky.social
says that's because starter homes "don't exist anymore," and business and government have forgotten that "homes are for people to live in," not investments.
#Velshi
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Matt Stoller: How 'oligarchs' and 'extraction' fueled America's housing crisis
Home ownership is now out-of-reach for many Americans. āHomes are for people to live in,ā says Matt Stoller of the American Economic Liberties Project, but he warns big landlords are "building homes for money, not people." President Trump claims to care about home affordability, but Stoller insists his administration is actually "on the side of oligarchs."Ā
https://www.msnbc.com/ali-velshi/watch/matt-stoller-how-oligarchs-and-extraction-fueled-america-s-housing-crisis-252147269973
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Why is your electric bill so high? Answer: "How to Obtain GREAT Post Commission Employment" That's the title of a secret workshop for the regulators who set your electricity prices, at their annual conference.
www.naruc.org/annual-meeti...
4 months ago
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Pitchfork Economics
6 months ago
When a few corporations dominate the economy, democracy is the first casualty.
@matthewstoller.bsky.social
joins Nick & Goldy to expose how monopoliesāfrom banks to Big Techāturn economic power into political control. š§ Listen here:
pod.link/pitchforkeco...
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Ben Miller
7 months ago
While you feared for your future and organized against fascism, Kamala āMarie Antoinetteā Harris, in possession of a vast email list and other resources to help mobilize people, ātuned outā the news and watched cooking shows.
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Nathan Goldwag
8 months ago
To say that American foreign policy in the Middle East is being conducted entirely on behalf of a foreign state is reminiscent of antisemitic tropes and has the potential to lend credence to the narratives of those who hate the Jewish People. It also, unfortunately, happens to be true.
add a skeleton here at some point
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#1 Nate Blouin for Congress Stan
8 months ago
Actually fuck this guy
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The monopoly round-up is out. For this one, I went into the crisis at UnitedHealth Group that became clear last week when its CEO resigned and the WSJ reported it's under criminal investigation for Medicare fraud. Is UHG a house of cards?
www.thebignewsletter.com/p/monopoly-r...
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Monopoly Round-Up: UnitedHealth Group Is Hated, Now It's Falling Apart
UnitedHealth Group is under criminal investigation and its CEO just resigned. A once flying Wall Street darling collapses. Plus, a merger boom starts, and crypto gets its payoff.
https://www.thebignewsletter.com/p/monopoly-round-up-unitedhealth-group
10 months ago
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Just want to note why I have contempt for so many Democratic insiders. They knew that Biden was in cognitive decline, those of us who spoke up publicly were attacked and harassed.
10 months ago
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David Dayen
10 months ago
Not documenting the Republican megabill because...
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Well this complaint alleging accounting fraud to cover up for a cash shortfall at trillion dollar behemoth Brookfield Asset Management is a doozy.
brookfield.substack.com/p/brookfield...
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Brookfield the Defendant: a Bombshell Lawsuit
Brookfield is the defendant in a wrongful termination suit that includes allegations of bribery, securities violations, mistreatment of limited partners and a corporate cash crunch.
https://brookfield.substack.com/p/brookfield-the-defendant-a-bombshell
10 months ago
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I donāt know David Hogg but he seems to be annoying the right people.
10 months ago
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TSMCās monopoly control undermines the CHIPS Actās intent.
economicpopulist.substack.com/p/the-bigges...
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The Biggest Threat to CHIPS Success? TSMCās Monopoly.
Antitrust can solve the prisonerās dilemma of chip manufacturing investment.
https://economicpopulist.substack.com/p/the-biggest-threat-to-chips-success
10 months ago
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Matt Stoller
Johnny Ryan
10 months ago
Good read from
@matthewstoller.bsky.social
on why Google investors should push for a voluntary breakup, after the Cue dip
www.thebignewsletter.com/p/wall-stree...
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Matt Stoller (@matthewstoller.bsky.social)
https://matthewstoller.bsky.social
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Adam Green
10 months ago
My statement on Kamala's re-emergence. (No, thank you!)
@boldprogressives.org
@freedlander.bsky.social
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David Dayen
10 months ago
Unusually strong statement from
@adamgreen321.bsky.social
of PCCC on Harris doing a DNC fundraiser tomorrow: (via email)
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White House budget takes an ax to the fund that keeps rural airline routes afloat, the Essential Air Service.
10 months ago
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Big Tech on Trial continues to do amazing work on the Meta antitrust trial. Yesterday, Metaās Curtiss Cobb, the head of its internal Demography and Survey Science team, got wrecked for misleading testimony. And a TikTok exec testified on how they compete.
www.bigtechontrial.com/p/the-sky-is...
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The Sky Is Red: Meta's Flailing Defense Takes Serious Credibility Hit
Meta's in-house consumer survey guru Curtiss Cobb defends the indefensible in Day 11 of FTC breakup trial after executives from Tumblr and TikTok testify.
https://www.bigtechontrial.com/p/the-sky-is-red-metas-flailing-defense
10 months ago
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A judge just killed Appleās control over app stores, Google has lost three antitrust cases, and we just beat Jim Jordanās attempt to defang antitrust. Maybe rethink your priors!
add a skeleton here at some point
10 months ago
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Apple has lost power over mobile phones, as developers will now be able to accept payment outside the app store without having to hand over the 30% vig. This will be the first time we'll see a real world impact from an antitrust remedy against a big tech titan.
open.substack.com/pub/mattstol...
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Judge Rules Apple Executive Lied Under Oath, Makes Criminal Contempt Referral
Judge Yvonne Gonzalez Rogers rebuked the phone giant, opened the app store, and made a criminal contempt referral to an Apple executive for lying under oath. Plus, a bad antitrust bill goes down.
https://open.substack.com/pub/mattstoller/p/judge-rules-apple-executive-lied?r=g9qw&utm_medium=ios
10 months ago
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House Republican Judiciary Chair Jim Jordan is trying to secretly eliminate the antitrust case against UnitedHealth Group's Optum PBM unit by getting rid of a key antitrust law.
www.thebignewsletter.com/p/house-gop-...
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House GOP Proposes Eliminating Key Antitrust Law
House Judiciary Chair Jim Jordan released a bill to move all antitrust work from the Federal Trade Commission to the Department of Justice, deleting a key antitrust law. PBMs and Amazon could benefit.
https://www.thebignewsletter.com/p/house-gop-proposes-eliminating-key
10 months ago
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The monopoly round-up for the week is out. Why is Wall Street unconcerned over Google's antitrust losses? Probably because Google has generated an additional half a trillion in revenue while on trial for business methods a judge called illegal. Crime pays.
www.thebignewsletter.com/p/monopoly-r...
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Monopoly Round-Up: Google Generated $468 Billion Delaying Its Antitrust Trial
The Google and Meta trials are taking way too long, and both companies are garnering huge additional revenue as a result. Plus, fake trade deals, and Trump is running out of lawyers.
https://www.thebignewsletter.com/p/monopoly-round-up-google-generated
10 months ago
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Some scary numbers came out showing how Biden redistributed wealth upward to big business during the post-Covid supply shocks. Will Trump make the same mistake? I go over the various pricing games that monopolists played, and whether we'll see a repeat.
www.thebignewsletter.com/p/how-monopo...
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How Monopolies Could Exploit the Tariff Shock
Donald Trump's tariff choices have already had significant impacts on small businesses, who can't deal with shocks. Economic termites could feast, and price gouging and fixing could accelerate.
https://www.thebignewsletter.com/p/how-monopolies-could-exploit-the
10 months ago
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Halfbroke Horsewoman š»šš¼š»
10 months ago
While Iām perseverating on the economy this morning, Matt Stoller uses Franz Neumannās book Behemoth to connect some fascism c. democracy dots. From his conclusion: āThere is no world in which Google flourishes as a monopoly and America flourishes as a political democracy. We must choose.ā
add a skeleton here at some point
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Of course
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10 months ago
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Good stuff from the Federal Trade Commission against Uber. Former Republican FTC commissioner Christine Wilson, who now works for Kamala Harris's brother-in-law and Uber chief counsel Tony West, is very upset. So is Bush FTC Chair Tim Muris. So clubby.
techcrunch.com/2025/04/21/f...
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Feds accuse Uber of charging customers for subscriptions without consent | TechCrunch
The Federal Trade Commission filed a lawsuit Monday against Uber, alleging the ride-hail and delivery giant charged customers for its Uber One
https://techcrunch.com/2025/04/21/feds-accuse-uber-of-charging-customers-for-subscriptions-without-consent/?guccounter=1&guce_referrer=aHR0cHM6Ly90LmNvLw&guce_referrer_sig=AQAAANgz1bI2WhiOo2SjL_h4eTZwG4unGqwN03VnLeIzfP0jityY4rLXbMRhrHh_ACLuU82_Z6lAeKw3DTBn1vl1gIuWymv-BLjaSblSLo41N6eoIO7yGOhEPwb1ptzc9Aog61cT_fGuasZWDxT41ckGNPDdXBPd6hBdQcWodPRDEF1T
10 months ago
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The monopoly round-up is out. I've been meaning to get out an essay on the relationship between monopoly power and fascism, which is something Americans used to understand quite well. Here you go:
www.thebignewsletter.com/p/monopoly-r...
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Monopoly Round-Up: Monopolies and Fascism
Centralization of economic power facilitates centralization of political power. That was once a hard-won lesson, and it's a lesson we must re-learn. Plus, the end of big box tyranny.
https://www.thebignewsletter.com/p/monopoly-round-up-monopolies-and
10 months ago
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Really terrific summary of day four of the most important antitrust trials of the century, the case to break up Meta. There is nowhere else doing this kind of detailed reporting on the case.
open.substack.com/pub/bigtecho...
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TikTok Is "Not A Social Network"
Meta's relentless focus on TikTok as a competitor blows up in day 4 of FTC v. Meta trial. That's good for the FTC.
https://open.substack.com/pub/bigtechontrial/p/tiktok-is-not-a-social-network?r=g9qw&utm_medium=ios
11 months ago
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Brad Johnson
11 months ago
Thousands of young AmeriCorps volunteers who respond to disasters and help in community projects abandoned by Trump.
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My quick write-up of the Google antitrust loss and what it means. This one's a big deal. It's the third monopolization finding against Google, this company is increasingly likely to be taken apart.
www.thebignewsletter.com/p/google-fou...
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Google Found GUILTY of Monopolization Again
Judge Leonie Brinkema ruled against the search giant for its control over the software underpinning online ad buying. Now it's on to the remedy.
https://www.thebignewsletter.com/p/google-found-guilty-of-monopolization
11 months ago
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Google just lost another antitrust case, which means three separate judges have called out different parts of its business as monopolies. Judge Brinkema in this one seriously rolled back Trinko, a very bad decision. The antitrust revolution marches on.
storage.courtlistener.com/recap/gov.us...
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https://storage.courtlistener.com/recap/gov.uscourts.vaed.533508/gov.uscourts.vaed.533508.1410.0.pdf
11 months ago
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BOOM: Google loses ANOTHER antitrust suit, it's a monopolist of the software used by publishers to manage online ads, as well as the exchanges used to buy and sell online ads. Three judges have called Google a monopolist in different markets.
storage.courtlistener.com/recap/gov.us...
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https://storage.courtlistener.com/recap/gov.uscourts.vaed.533508/gov.uscourts.vaed.533508.1410.0.pdf
11 months ago
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Sen. Elizabeth Warren: "We should expand Social Security by passing an emergency, temporary Social Security adjustment so that retirees who will never get the chance to recover their lost savings are a little bit better protected from the chaos."
senatebankingdemocrats.substack.com/p/flashing-r...
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Flashing Red Lights: A Warning for Our Economy
Ranking Member Elizabeth Warren on Trumpās economic chaos, whatās broken, and how we fight back.
https://senatebankingdemocrats.substack.com/p/flashing-red-lights-a-warning-for?r=5eotbg
11 months ago
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Turns out the reward for bending the knee to Trump is big law firms get to write trade deals for him on behalf of their clients.
www.law360.com/articles/232...
11 months ago
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Matt Stoller
Tomas Sancio
11 months ago
Zuckerberg on the Stand: The Trial to Break Up Facebook Starts Monday, by
@matthewstoller.bsky.social
open.substack.com/pub/mattstol...
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Zander Arnao
11 months ago
Key quote of the day at
#StiglerAntitrust25
: "If you've spent $500 billion on an LLM and it's not everywhere, then you've set $500 billion on fire for super Clippy" -
@matthewstoller.bsky.social
šš
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David Sirota
11 months ago
Private equity is an industry known for ruthless cost-cutting and looting that leaves target companies gutted & short-staffed while Wall Street execs make off with a jackpot. Now this industry is taking over airplane maintenance. What could possibly go wrong?
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Wall Street Wants To Fix Your Airplane
The airline-repair business has been beset by corporate outsourcing and spotty oversight ā now, venture capitalists want a piece of the action.
https://www.levernews.com/wall-street-wants-to-fix-your-airplane/
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Anna Bower
11 months ago
NEWS: More than 500 law firms sign on to an amicus brief in support of Perkins Coie amid the firmās legal battle against Trumpās executive order targeting its business. Read the list of firms that signed the brief authored by former SG Don Verrilli:
storage.courtlistener.com/recap/gov.us...
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https://storage.courtlistener.com/recap/gov.uscourts.dcd.278290/gov.uscourts.dcd.278290.63.3_2.pdf
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Bridget Phillips
11 months ago
The editorial in this week's monopoly round up is a tour de force. The most interesting thread he is amplifying this week is an observation about valuations: we have been digesting our own economic muscles to drive asset and equity valuations for 40 years. And we're running out of fuel.
add a skeleton here at some point
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In this week's monopoly round-up, I laid out the real reason America can't build stuff. The answer is that it's our national strategy. In the 1980s we decided building was bad and finance was good.
www.thebignewsletter.com/p/monopoly-r...
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Monopoly Round-Up: Tariffs, Abundance and Why America Can't Build
America has a 'number go up' strategy for Wall Street, and that means we can't build. Plus, Planet Fitness lobbyists try to kill the Click to Cancel rule. And is our Democrats learning?
https://www.thebignewsletter.com/p/monopoly-round-up-tariffs-abundance
11 months ago
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The Blackrock Panama Canal ports deal is on the rocks after the Chinese government indicated it's unhappy with Trump's attempt to dislodge Chinese control.
www.bloomberg.com/news/article...
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CK Hutchison to Delay Signing Panama Ports Deal, Media Say
Billionaire Li Ka-shing, Hong Kongās most famous tycoon, wonāt go ahead with the expected signing next week of a controversial deal to sell his Panama Canal ports to a consortium including BlackRock I...
https://www.bloomberg.com/news/articles/2025-03-28/ck-hutchison-won-t-sign-panama-ports-sale-pact-next-week-media
11 months ago
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Matt Stoller
Sam Pizzigati
11 months ago
The AMA has essentially turned itself from a voice of doctors into āa Silicon Valley tech incubator financed with money extracted from doctors,ā who have, by and large, become corporate employees.
@matthewstoller.bsky.social
www.thebignewsletter.com/p/how-the-am...
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How the American Medical Association Screws Doctors
The American Medical Association has a government-granted monopoly over medical billing codes. Is that why the AMA was silent when Robert Kennedy Jr. was sent to run American health care?
https://www.thebignewsletter.com/p/how-the-american-medical-association?utm_source=post-email-title&publication_id=11524&post_id=157460742&utm_campaign=email-post-title&isFreemail=true&r=103u7&triedRedirect=true&utm_medium=email
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