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Spirit Airlines is dead, and everyone is pointing fingers: Was it the war in Iran that killed Spirit? Joe Biden's Justice Department? Antitrust regulation? Jet fuel? Lina Khan!?? Today on the show we demystify Spirit's demise with William J. McGee, Senior Fellow for Aviation and Travel at the American Economic Liberties Project. William is a long-time consumer advocate in the air travel space and has watched as the deregulation project which began in the 1970s has slowly whittled down c...
Ashley Keller is a pioneer in getting corporations to pay up. As an attorney and founding partner of the firm Keller Postman, only recently he pioneered an influential mass arbitration strategy, argued a case against Monsanto at the Supreme Court, and is fighting Google on behalf of several states in a major ad tech antitrust case. Keller is also an avowed conservative and originalist. For him, there's no contradiction between fighting for conservative principles and antitrust enforcement. ...
Today on the show Matt and David are joined by Linda Michaels, a psychologist and co-founder of the Psychotherapy Action Network, to discuss all the creepy ways technology companies are weaseling themselves into your therapist's office. From matching services like BetterHelp, to PMC middlemen, and potentially dangerous therapy chatbots, tech companies are seeking to exploit your therapist (and you) by using therapy data for advertising and AI training. They also discuss the business of ...
Yet another consequence of the war in Iran is a looming supply shock in plastics. Plastics, which are derived from oil byproducts, are everywhere, but their origins remain somewhat mysterious to the average consumer. Today on the show we demystify the plastics industry with Beth Gardiner, author of the new book Plastic Inc.: The Secret History and Shocking Future of Big Oil's Biggest Bet an expose of the industry that underlies modern consumer culture. Together with Matt and David, th...
Matt and David are live from a conference room in Chicago to break down the Live Nation Ticketmaster verdict! Live Nation was just found to be an illegal monopoly in a dramatic jury trial which saw the Trump administration drop out of the case with a surprise settlement. The states picked up the baton from there. Matt and David cover the decision, the history of Ticketmaster’s tangles with Pearl Jam and the Justice Department, and how the current case played out, and what the decision...
On March 17th, the candidate Daniel Biss defeated 15 other democratic challengers in the primary election for Illinois' 9th Congressional District. It was one of the most closely watched in the country, in which Biss, and other candidates, were up against millions of dollars in ad spending from dark money super pacs like "Elect Chicago Women", and "Chicago Progressive Partnership". These vaguely-named pacs were all fronts for AIPAC, the big-spending Pro-Israel lobbying group which threw money...
Ever since the US and Israel began bombing Iran, the Strait Of Hormuz has become the most watched shipping lane in the world economy. The strait itself is just a narrow waterway between the Persian Gulf and the Gulf Of Oman, but much of the world's oil and other crucial material, such as industrial helium, flow through it. Now, after weeks of bombing and retaliation, the strait is gummed up, with hundreds of ships stranded, little traffic, and no end in sight. We're already seeing prices at t...
With the federal government largely stepping back from antitrust enforcement, who's picking up the slack? California Attorney General Rob Bonta makes the case that state attorneys general are filling the void, and he's got the caseload to prove it. David and Matt speak with Bonta about his remarkable portfolio of active fights: the Ticketmaster/Live Nation trial (which the states pressed forward with after the DOJ settled), a price-fixing case against Amazon, social media addiction suit...
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Organized Money is a podcast about how the business world really works, and how corporate consolidation and monopolies are dominating every sector of our economy. The series is hosted by writers and journalists Matt Stoller and David Dayen, both thought leaders in the antimonopoly movement. Organized Money is a fresh spin on business reporting, one that goes beyond supply and demand curves or odes to visionary entrepreneurs. Each week Matt and David break down the ways monopolies control everything from the food we eat, to the drugs we take, the way we communicate and even how we date. You’ll hear from workers, business leaders, antitrust lawyers, and policymakers who are on the front lines of the fight for open markets and fair competition.If you care about an economy that is free and open, one not controlled by a handful of corporations, Organized Money is for you. New episodes out every week until the end of the year. Organized Money </em
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