An April 14 article on CNN Business “Corporations are getting bigger. Thank a trial lawyer for keeping them in check” cites the AAI-University of San Francisco School of Law commentary “The Vital Role of Private Antitrust Enforcement in the U.S.” From the article:
And as industries from airlines to telecommunications become more consolidated in part as a result of laissez-faire oversight by federal regulators, private litigation is sometimes the only defense against corporations exercising market power to enrich themselves, according to an analysis out Tuesday from the University of San Francisco School of Law and the American Antitrust Institute.
“Our concern is that the reason we have these problems that we have today with rising concentration and wage inequality issues is because public enforcement has been very lax,” said Diana Moss, president of the American Antitrust Institute, which published its commentary alongside a data-heavy report. “So private enforcement has been taking up some of the slack.”