We live in a time of big companies. Ever since the privilege of forming a company was first granted, there have been private organizations with the power and backing of nations and they have wielded that power across the globe. Now it seems as if an ever-dwindling roster of companies ‒ in Big Food, Big Tech, Big Pharma ‒ have a say in how our economy works and for whom, and the shadow of that influence reaches deep into our personal lives and stretches out before us into the unfolding path of our shared future.
Free markets are, in theory, constrained by democratic process. But where is the economic democracy capable of holding the unfathomable power of today ’s industry titans to account ? The answer is : There is very little that big companies are not able to do, and we have relinquished the tools that were once designed to enclose them.
In Competition is Killing Us, top business and competition lawyer Michelle Meagher establishes a new framework to control capitalism from the inside in order to make it work for the many and not just the few.
Michelle Meagher has worked as a lawyer in private practice for global law firms (Linklaters LLP, Allen & Overy LLP), national regulators (the Office of Fair Trading in the UK and the Federal Trade Commission in the US) and the International Finance Corporation (World Bank Group). Her work on legal policy focusses on public interest, market regulation and corporate responsibility.