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White House says new antitrust rules will help fight inflation on December 18, 2023 at 9:45 pm Business News | The Hill

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The Biden administration fired its latest rhetorical salvo against market concentration on Monday with the release of new merger guidelines, as American households are still feeling the squeeze of elevated inflation.

The rules focus on the anticompetitive behaviors of companies on pricing, the hiring of new employees, and the risk posed by monopolies on digital platforms, such as those maintained by giant tech companies like Google, Facebook, Amazon and Apple.

The guidelines, released jointly by the Justice Department and Federal Trade Commission, are not legally binding but are meant to provide insight into how the agencies administer antitrust law.

“Today’s release … is an important step to lower costs for consumers, ensure a level playing field for small businesses, and ensure antitrust enforcement is fit for purpose in today’s economy,” White House economist Lael Brainard said in a statement along with the release. 

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For too long, unchecked consolidation has meant big corporations getting bigger, giving them the power to raise prices for Americans and provide consumers with fewer options,” she said.

The guidelines note the harm to consumers done by “tacit coordination” on prices by companies, which becomes easier to accomplish in more highly concentrated markets.

“Tacit coordination can lessen competition even when it does not rise to the level of an agreement and would not itself violate the law,” the guidelines say. “For example, in a concentrated market a firm may forego or soften an aggressive competitive action because it anticipates rivals responding in kind. This harmful behavior is more common the more concentrated markets become, as it is easier to predict the reactions of rivals when there are fewer of them.”

The Biden administration has talked a big game on antitrust enforcement as the ghoul of inflation has haunted Americans’ pocketbooks and petrified the president’s economic approval ratings.

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“Prioritizing and pursuing the consumer welfare standard in competition policy has led to consolidation and unchecked dominance in our domestic market, which has stifled competition and diminished economic liberty for our citizens and workers,” U.S. Trade Representative Katherine Tai said in a speech in June.

But actual antitrust enforcement by the government has atrophied in recent years.

Summary data isn’t yet publicly available for the Biden administration’s years in office, but from 2010 to 2019, the DOJ antitrust division investigated an average of just 1.8 monopoly cases and about 70 merger cases per year.

“In the United States, private enforcement continues to far outstrip public enforcement, by a ratio of over 10:1,” University of Michigan law professor Daniel Crane wrote in a 2019 book. “While there has been a good bit of volatility in the number of private antitrust cases initiated, the Justice Department’s trend line has been flat and stuck in low single figures.”

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Still, the administration has succeeded in abrading the mergers-and-acquisitions wing of the financial sector. Antitrust lawyers have been railing against the antitrust division chiefs at the DOJ and FTC, while hit pieces written against them have proliferated across the financial press.

“Jonathan Kanter at DOJ and Lina Khan at the FTC — they’re just anti-deal and in a sense they’re anti-the law. They think the law on antitrust is not robust enough, so they want to move the law to essentially be able to stop more deals,” Scott Barshay, a mergers and acquisitions (M&A) lawyer with law firm Paul Weiss, told a conference at Tulane University in March.

“In this very narrow context of who’s going to be running the DOJ antitrust division and the FTC in the future, let’s just say our business will be a lot better if it’s somebody else,” he said earlier this year. “If there’s a deal with even a small amount of antitrust hair on it, there’s a very good chance they’re going to delay it and try and block it, and even if they fail you may have to go to litigation.”

Global M&A deals announced in the third quarter of 2023 amounted to $641 billion, the lowest third-quarter volume in 10 years.

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“Following a brief uptick in global M&A activity, deal volumes have dropped again, and [third quarter] performance might deflate hopes that [the second quarter] was the start of an M&A market rebound,” Bloomberg legal analyst Emily Rouleau wrote in October.

According to S&P Global Market Intelligence, the U.S. economy is becoming more concentrated, with a growing number of large companies controlling more market share across more industries.

“In 91 of the 157 primary industries tracked by S&P Global Market Intelligence, the five largest U.S. companies by revenue combine for at least 80 percent of total revenue among publicly traded companies in their respective industries, up from 71 industries in 2000,” S&P analysts wrote in a report earlier this year.

The domestic market power of the largest five companies in each sector has increased in 105 of the tracked industries and fallen in just 38, the analysts found. Other researchers have also noted a concomitant increase in the ability of companies to raise their prices above marginal production costs.

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President Biden stressed the need for more competition within the economy earlier this year, describing it as a central feature of the U.S. economy.

“Capitalism — I’ve said it before — capitalism without competition isn’t capitalism; it’s exploitation,” he said in July at a meeting of the White House Competition Council.

Economists have long noted the tendency of firm consolidation within market economies, describing it as a natural phenomenon.

“Cartelization is a historical process which affects the various branches of capitalist production in sequence, as conditions become more favorable … The development of capitalism tends to create such conditions in all branches of production,” German economist Rudolf Hilferding wrote in 1910.

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​Business, Administration, News, Biden administration, inflation, m&a, mergers, US economy, white house The Biden administration fired its latest rhetorical salvo against market concentration on Monday with the release of new merger guidelines, as American households are still feeling the squeeze of elevated inflation. The rules focus on the anticompetitive behaviors of companies on pricing, the hiring of new employees, and the risk posed by monopolies on digital…  

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Why 9 Million Americans Have Left

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The Growing American Exodus

Nearly 9 million Americans now live outside the United States—a number that rivals the population of several states and signals a profound shift in how people view the American dream. This mass migration isn’t confined to retirees or the wealthy. Thanks to remote work, digital nomad visas, and mounting pressures at home, young professionals, families, and business owners are increasingly joining the ranks of expats.

Rising Costs and Shrinking Wallets

Living in the US has become increasingly expensive. Weekly grocery bills topping $300 are not uncommon, and everyday items like coffee and beef have surged in price over the last year. Rent, utilities, and other essentials also continue to climb, leaving many Americans to cut meals or put off purchases just to make ends meet. In contrast, life in countries like Mexico or Costa Rica often costs just 50–60% of what it does in the US—without sacrificing comfort or quality.

Health Care Concerns Drive Migration

America’s health care system is a major trigger for relocation. Despite the fact that the US spends more per person on health care than any other country, millions struggle to access affordable treatment. Over half of Americans admit to delaying medical care due to cost, with households earning below $40,000 seeing this rate jump to 63%. Many expats point to countries such as Spain or Thailand, where health care is both affordable and accessible, as a major draw.

Seeking Safety Abroad

Public safety issues—especially violent crime and gun-related incidents—have made many Americans feel unsafe, even in their own communities. The 2024 Global Peace Index documents a decline in North America’s safety ratings, while families in major cities often prioritize teaching their children to avoid gun violence over simple street safety. In many overseas destinations, newly arrived American families report a significant improvement in their sense of security and peace of mind.

Tax Burdens and Bureaucracy

US tax laws extend abroad, requiring expats to file annual returns and comply with complicated rules through acts such as FATCA. For some, the burden of global tax compliance is so great that thousands relinquish their US citizenship each year simply to escape the paperwork and scrutiny.

The Digital Nomad Revolution

Remote work has unlocked new pathways for Americans. Over a quarter of all paid workdays in the US are now fully remote, and more than 40 countries offer digital nomad visas for foreign professionals. Many Americans are leveraging this opportunity to maintain their US incomes while cutting costs and upgrading their quality of life abroad.

Conclusion: Redefining the Dream

The mass departure of nearly 9 million Americans reveals deep cracks in what was once considered the land of opportunity. Escalating costs, inaccessible healthcare, safety concerns, and relentless bureaucracy have spurred a global search for better options. For millions, the modern American dream is no longer tied to a white-picket fence, but found in newfound freedom beyond America’s borders.

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Will Theaters Crush Streaming in Hollywood’s Next Act?

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Hollywood is bracing for a pivotal comeback, and for movie lovers, it’s the kind of shake-up that could redefine the very culture of cinema. With the freshly merged Paramount-Skydance shaking up its strategy, CEO David Ellison’s announcement doesn’t just signal a change—it reignites the passion for moviegoing that built the magic of Hollywood in the first place.

Theatrical Experience Roars Back

Fans and insiders alike have felt the itch for more event movies. For years, streaming promised endless options, but fragmented attention left many longing for communal spectacle. Now, with Paramount-Skydance tripling its film output for the big screen, it’s clear: studio leaders believe there’s no substitute for the lights, the hush before the opening credits, and the collective thrill of reacting to Hollywood’s latest blockbusters. Ellison’s pivot away from streaming exclusives taps deep into what unites cinephiles—the lived experience of cinema as art and event, not just content.

Industry Pulse: From Crisis to Renaissance

On the financial front, the numbers are as electrifying as any plot twist. After years of doubt, the box office is roaring. AMC, the world’s largest theater chain, reports a staggering 26% spike in moviegoer attendance and 36% revenue growth in Q2 2025. That kind of momentum hasn’t been seen since the heyday of summer tentpoles—and it’s not just about more tickets sold. AMC’s strategy—premium screens, with IMAX and Dolby Cinema, curated concessions, and branded collectibles—has turned every new release into an event, driving per-customer profits up nearly 50% compared to pre-pandemic norms.

Blockbusters Lead the Culture

Forget the gloom of endless streaming drops; when films like Top Gun: Maverick, Mission: Impossible, Minecraft, and surprise hits like Weapons and Freakier Friday draw crowds, the industry—and movie fans—sit up and take notice. Movie-themed collectibles and concession innovations, from Barbie’s iconic pink car popcorn holders to anniversary tie-ins, have made each screening a moment worth remembering, blending nostalgia and discovery. The focus: high-impact, shared audience experiences that streaming can’t replicate.

Streaming’s Limits and Studio Strategy

Yes, streaming is still surging, but the tide may be turning. The biggest franchises, and the biggest cultural events, happen when audiences come together for a theatrical release. Paramount-Skydance’s shift signals to rivals that premium storytelling and box office spectacle are again at the center of Hollywood value creation. The result is not just higher profits for exhibitors like AMC, but a rebirth of movie-going as the ultimate destination for fans hungry for connection and cinematic adventure.

Future Forecast: Culture, Community, and Blockbuster Dreams

As PwC and others warn that box office totals may take years to fully catch up, movie lovers and industry leaders alike are betting that exclusive theatrical runs, enhanced viewing experiences, and fan-driven engagement are the ingredients for long-term recovery—and a new golden age. The Paramount-Skydance play is more than a business move; it’s a rallying cry for the art of the theatrical event. Expect more big bets, more surprises, and—finally—a long-overdue renaissance for the silver screen.

For those who believe in the power of cinema, it’s a thrilling second act—and the best seat in the house might be front and center once again.

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Why Are Influencers Getting $7K to Post About Israel?

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Influencers are being paid as much as $7,000 per post by the Israeli government as part of an expansive and sophisticated digital propaganda campaign. This effort is designed to influence global public opinion—especially among younger social media users—about Israel’s actions in Gaza and to counter critical narratives about the ongoing humanitarian situation.

How Much Is Being Spent?

Recent reports confirm that Israel has dedicated more than $40 million this year to social media and digital influence campaigns, targeting popular platforms such as TikTok, YouTube, and Instagram. In addition to direct influencer payments, Israel is investing tens of millions more in paid ads, search engine placements, and contracts with major tech companies like Google and Meta to push pro-Israel content and challenge critical coverage of issues like the famine in Gaza.

What’s the Strategy?

  • Influencer Contracts: Influencers are recruited—often with all-expenses-paid trips to Israel, highly managed experiences, and direct payments—to post content that improves Israel’s image.
  • Ad Campaigns: State-backed ad buys show lively Gaza markets and restaurants to counter global reports of famine and humanitarian crisis.
  • Narrative Management: These posts and ads often avoid overt propaganda. Instead, they use personal stories, emotional appeals, and “behind the scenes” glimpses intended to humanize Israel’s side of the conflict and create doubt about reports by the UN and humanitarian agencies.
  • Amplification: Paid content is strategically promoted so it dominates news feeds and is picked up by news aggregators, Wikipedia editors, and even AI systems that rely on “trusted” digital sources.

Why Is This Happening Now?

The humanitarian situation in Gaza has generated increasing international criticism, especially after the UN classified parts of Gaza as experiencing famine. In this environment, digital public relations has become a primary front in Israel’s efforts to defend its policies and limit diplomatic fallout. By investing in social media influencers, Israel is adapting old-school propaganda strategies (“Hasbara”) to the era of algorithms and youth-driven content.

Why Does It Matter?

This campaign represents a major blurring of the lines between paid promotion, journalism, and activism. When governments pay high-profile influencers to shape social media narratives, it becomes harder for audiences—especially young people—to distinguish between authentic perspectives and sponsored messaging.

As user trust in mainstream news decreases and social media’s power grows, understanding how digital influence operations work is critical for anyone who wants to stay informed and think critically about global events.


In short: Influencers are getting $7,000 per post because Israel is prioritizing social media as a battleground for public opinion, investing millions in shaping what global audiences see, hear, and believe about Gaza and the conflict.

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