Elizabeth Warren wants to break up Big Tech. She says that Amazon, Facebook, Alphabet/Google and Apple are too dominant and that breaking them up will spur competition. U.S. antitrust law doesn’t support her thesis but when has that ever stopped a political power grab? There are no federal laws that[…] Read On
Yesterday must have been national bureaucrat day; I had to deal with the post office and the IRS on the same day. One was frustrating and time-consuming. The other was also terrifying. You can probably guess which one. Nearly two months after filing my tax return – which has been[…] Read On
When a publication – any publication from anywhere in the world – even hints at something controversial out of President Trump’s mouth, it becomes headline news from every media outlet on Earth. Oftentimes it’s fake headline news. Yesterday, Germany’s WirtschaftsWoche ran the following story, “Trump Wants to Block Daimler From the[…] Read On
Contrary to the cacophony of calls to break up Facebook, Google and Amazon, there’s nothing about being big, dominant, powerful or even a monopoly that goes afoul of U.S. antitrust law. That’s all perfectly legal, as it should be. We want to incentivize companies to grow big and gain market[…] Read On
Sooner or later every retailer faces a dilemma: How to adapt to changing consumer behavior without alienating brand loyalists? Lately, that dilemma has become a Catch-22. Bet you didn’t know that Black Friday deals at Best Buy, Macy’s, Target and Walmart are mostly the same from year to year. Turns out[…] Read On
I wrote the following column right after Donald Trump won the 2016 election. He’s met many of his campaign promises in a relatively short time but, in my view, has a long way to go to MAGA. What do you think? Some say Donald Trump made too many campaign promises.[…] Read On
President Trump has drawn a bullseye on Beijing, slapping tariffs on U.S. imports and labeling China a currency manipulator, all in an effort to improve our trade imbalance and bring manufacturing jobs back to America. He may be targeting the right country but waging the wrong war. China may be[…] Read On