Remember when the right decided it hated (some) big businesses, specifically Big Tech?
-
The hits keep coming. Want to know why your next vacation was so expensive? Thank Slater for greenlighting the merger of American Express Global Business Travel and CWT Holdings, which Slater challenged but then dropped, reportedly because MAGA influencer Mike Davis told her to.
Davis also got Slater to reverse her opposition to the Compass/Anywhere Real Estate merger, which will make America's dysfunctional housing market even worse:
16/
It's not just homebuyers whose lives are worse off because of Slater's failures, it's tenants, too. Slater settled the DoJ's case against Realpage, a price-fixing platform for landlords that is one of the most culpable villains in the affordability crisis. Realpage was facing an existential battle with the DoJ; instead, they got away with a wrist-slap and (crucially) are allowed to continue to make billions helping landlords rig the rental market against tenants.
17/
-
It's not just homebuyers whose lives are worse off because of Slater's failures, it's tenants, too. Slater settled the DoJ's case against Realpage, a price-fixing platform for landlords that is one of the most culpable villains in the affordability crisis. Realpage was facing an existential battle with the DoJ; instead, they got away with a wrist-slap and (crucially) are allowed to continue to make billions helping landlords rig the rental market against tenants.
17/
So Slater's defenestration is really just a way of formalizing Trump's approach to antitrust: threaten and prosecute companies that don't bend the knee to the president, personally...and allow companies to rob the American people with impunity if they agree to kick up a percentage to the Oval Office.
But while Slater will barely rate a footnote in the history of the Trump administration, the precipitating event for her political execution is itself *very* interesting.
18/
-
So Slater's defenestration is really just a way of formalizing Trump's approach to antitrust: threaten and prosecute companies that don't bend the knee to the president, personally...and allow companies to rob the American people with impunity if they agree to kick up a percentage to the Oval Office.
But while Slater will barely rate a footnote in the history of the Trump administration, the precipitating event for her political execution is itself *very* interesting.
18/
Back in September, Trump posed with Kid Rock and announced that he was going after Ticketmaster/Live Nation, a combine with a long, exhaustively documented history of ripping off and defrauding every entertainer, fan and venue in America:
FTC sues Ticketmaster, saying it uses illegal tactics to make fans pay more for live events
The Federal Trade Commission said Live Nation and its subsidiary, Ticketmaster, have deceived artists and consumers by advertising lower ticket prices than what consumers must pay and falsely claiming to impose strict limits on the number of tickets consumers can buy for an event.
PBS News (www.pbs.org)
19/
-
Back in September, Trump posed with Kid Rock and announced that he was going after Ticketmaster/Live Nation, a combine with a long, exhaustively documented history of ripping off and defrauding every entertainer, fan and venue in America:
FTC sues Ticketmaster, saying it uses illegal tactics to make fans pay more for live events
The Federal Trade Commission said Live Nation and its subsidiary, Ticketmaster, have deceived artists and consumers by advertising lower ticket prices than what consumers must pay and falsely claiming to impose strict limits on the number of tickets consumers can buy for an event.
PBS News (www.pbs.org)
19/
At the time, it was clear that Trump had been prodded into action by two factors: the incredible success of the Mamdani campaign's focus on "affordability" (Ticketmaster's above-inflation price hikes are one of the most visible symptoms of the affordability crisis) and Kid Rock's personal grievances about Ticketmaster.
20/
-
At the time, it was clear that Trump had been prodded into action by two factors: the incredible success of the Mamdani campaign's focus on "affordability" (Ticketmaster's above-inflation price hikes are one of the most visible symptoms of the affordability crisis) and Kid Rock's personal grievances about Ticketmaster.
20/
Kid Rock is the biggest-name entertainer in the Trump coalition, the guy Trump got to headline a MAGA halftime show that notably failed to dim Bad Bunny's star by a single milliwatt. Trump - a failed Broadway producer - is also notoriously susceptible to random pronouncements by celebrities (hence the Fox and Friends-to-Trump policy pipeline), so it's natural that Kid Rock's grousing got action after decades of documented abuses went nowhere.
21/
-
Kid Rock is the biggest-name entertainer in the Trump coalition, the guy Trump got to headline a MAGA halftime show that notably failed to dim Bad Bunny's star by a single milliwatt. Trump - a failed Broadway producer - is also notoriously susceptible to random pronouncements by celebrities (hence the Fox and Friends-to-Trump policy pipeline), so it's natural that Kid Rock's grousing got action after decades of documented abuses went nowhere.
21/
Ticketmaster could have solved the problem by offering to exempt Trump-loyal entertainers from its predatory practices. They could have announced a touring Trumpapalooza festival headlined by Kid Rock, Christian rock acts, and AI-generated country singers, free from all junk fees. Instead, they got Gail Slater fired.
22/
-
Ticketmaster could have solved the problem by offering to exempt Trump-loyal entertainers from its predatory practices. They could have announced a touring Trumpapalooza festival headlined by Kid Rock, Christian rock acts, and AI-generated country singers, free from all junk fees. Instead, they got Gail Slater fired.
22/
Mike Davis doesn't just represent HPE/Juniper, Amex travel, and Compass/Anywhere - he's also the fixer that Ticketmaster hired to get off the hook with the DoJ. He's boasting about getting Slater fired:
And Ticketmaster is off the hook:
Trump Justice Department Poised to Preserve Ticketmaster Monopoly - The American Prospect
The Justice Department is on the verge of settling a monopolization case against Live Nation, another win for MAGA lobbyists who worked urgently to get the ticketing and venue giant off the hook for its relentless intimidation tactics and distortion of market power.
The American Prospect (prospect.org)
23/
-
Mike Davis doesn't just represent HPE/Juniper, Amex travel, and Compass/Anywhere - he's also the fixer that Ticketmaster hired to get off the hook with the DoJ. He's boasting about getting Slater fired:
And Ticketmaster is off the hook:
Trump Justice Department Poised to Preserve Ticketmaster Monopoly - The American Prospect
The Justice Department is on the verge of settling a monopolization case against Live Nation, another win for MAGA lobbyists who worked urgently to get the ticketing and venue giant off the hook for its relentless intimidation tactics and distortion of market power.
The American Prospect (prospect.org)
23/
What's interesting about all this is that there were elements of the Biden coalition that *also* hated antitrust (think of all the Biden billionaires who called for Lina Khan to be fired while serving as "proxies" for Kamala Harris). And yet, Biden's trustbusters did more in four short years than their predecessors managed over the preceding forty.
24/
-
What's interesting about all this is that there were elements of the Biden coalition that *also* hated antitrust (think of all the Biden billionaires who called for Lina Khan to be fired while serving as "proxies" for Kamala Harris). And yet, Biden's trustbusters did more in four short years than their predecessors managed over the preceding forty.
24/
Stoller's theory is that the progressive anti-monopoly movement (the "Brandeisians") were able to best their coalitional rivals because they did the hard work of winning support for the idea of shattering corporate power itself - not just arguing that corporate power was bad when it was used against them
This was a slower, harder road than dividing up the world into good monopolies and bad ones, but it paid off.
25/
-
Stoller's theory is that the progressive anti-monopoly movement (the "Brandeisians") were able to best their coalitional rivals because they did the hard work of winning support for the idea of shattering corporate power itself - not just arguing that corporate power was bad when it was used against them
This was a slower, harder road than dividing up the world into good monopolies and bad ones, but it paid off.
25/
Today the Brandeisians who made their bones under Biden are serving the like of Mamdani:
And their ideas have spread far and wide - even to other countries:
Public Options to Stop Price Gouging - Avi Lewis for NDP Leader
Corporate profits are skyrocketing in Canada, while more and more of us are unable to afford the basics of a dignified life, like housing, food and access to co
Avi Lewis for NDP Leader (lewisforleader.ca)
They lit a fire that burns still. Who knows, maybe someday it'll even help Kid Rock scorch the Ticketmaster ticks that are draining his blood from a thousand tiny wounds. He probably won't have the good manners to say thank you.
eof/
-
@pluralistic Ehm, you might've copied a tiny bit too much onto pluralistic.net?
@Firesphere Fixed.
-
Remember when the right decided it hated (some) big businesses, specifically Big Tech? A branch of the Trump coalition (including Vance, Gaetz and Hawley) declared themselves "Khanservatives," a cheering section for Biden's generationally important FTC commissioner Lina Khan:
--
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
1/
@pluralistic are you sure they weren't cheering for Genghis?
-
R relay@relay.infosec.exchange shared this topic
