A question of antitrust: Make jurisprudence great again

Is it time up for the tech giants?

clock • 4 min read

When Parker Brothers acquired the patent of board game Monopoly in 1935, its rules seemed to pre-emptively mirror French economist Thomas Piketty's economic principles.

As the game progresses, the relative financial power of the leading player increases. Capital accrues to capital, vastly outperforming the Universal Basic Income provided by the largesse of 'the Bank'.  US tech leaders almost certainly understand exactly how this dynamic works with the leading technology companies having proven themselves extremely acquisitive, frequently buying out potential competitors at what the market often deemed excessive valuations relatively early in their development stage. Is this permissible within competition law? There are signs that US lawmakers are sta...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment Trusts

Although the sector closed the year in positive territory, investment trust performance was 'well behind' US and global equity market indices.

Investment trusts close 2023 with 4.6% performance boost

Numis research

Cristian Angeloni
clock 03 January 2024 • 3 min read
Charlotte Cuthbertson (pictured), fund manager at Asset Value Investors and co-manager of MIGO Opportunities trust

AVI's Charlotte Cuthbertson: The resilient reinvention of investment trusts

Autumn of 2023 'golden period' for ITs

Charlotte Cuthbertson
clock 21 December 2023 • 5 min read
The total debt for the company stood at $674m as of 31 September, which represented 32.0% of operative NAV.

Hipgnosis narrowly avoids share suspension with publication of interim results

Continued tension with investment adviser

Eve Maddock-Jones
clock 21 December 2023 • 3 min read
Trustpilot