Mon, 12 December 2016
Last year, the Justice Department received 10,250 proposed corporate mergers. It approved all but 7 of them. In the self-entitled world of Big Business this is called getting tough. Helping these mergers alone, and getting very rich doing it, reports Pulitzer Prize winner Jesse Eisinger of Pro Publica , are a small group of academic economists, whose assurances that making big companies even bigger is going to work out for everyone are sometimes very, very wrong.