Remember when ma bell was split up? Now there's a strong distaste for breaking up: https://en.wikipedia.org/wiki/History_of_United_States_antit... - The FTC seems to prefer to prevent monopolies by considering and blocking acquisitions... but this clearly has blind spots.
Like all economic systems, a strong and independent state/gov't is required to force-fix issues that don't make financial sense to fix (ex. FDA creation after The Jungle). I think our current system is suffering from regulatory capture, and I don't see a way to resolve this kind of near-corruption. Corporatism will continue until the system is no longer sustainable, which likely will never happen (within our lifetimes).
Like all economic systems, a strong and independent state/gov't is required to force-fix issues that don't make financial sense to fix (ex. FDA creation after The Jungle). I think our current system is suffering from regulatory capture, and I don't see a way to resolve this kind of near-corruption. Corporatism will continue until the system is no longer sustainable, which likely will never happen (within our lifetimes).