Authors: Sandeep Vaheesan and Nathan Schneider
Date of Publication: 2019
After decades of neglect, antitrust is once again a topic of debate. Proponents of reviving antitrust have called for abandoning the narrow consumer welfare model and embracing broader objectives. One essential is the ownership structure of the firm itself. The dominant model of investor-owned business exacerbates the effects of market power. In contrast, cooperative ownership models can mitigate the effects of monopoly and oligopoly and advance the interests of consumers, workers, small business owners, and citizens. The promotion of competition among large firms should be paired with support for democratic cooperation within firms. [View Resource]
