Competition is Killing Us

Descriere

We live in the age of big companies where rising levels of power are concentrated in the hands of a few. Yet no government or organisation has the power to regulate these titans and hold them to account. We need big companies to share their power and we, the people of the world, need to reclaim it.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.Meagher has spent years campaigning against these multi-billion and trillion dollar mammoths that dominate the market and prioritise shareholder profits over all else; leading to extreme wealth inequality, inhumane conditions for workers and relentless pressure on the environment.In this revolutionary book, she introduces her wholly-achievable alternative; a fair and comprehensive competition law that limits unfair mergers, enforces accountability and redistributes power through stakeholder governance.Michelle Meagher is a Senior Policy Fellow at the University College London Centre for Law, Economics and Society and co-founder of the Inclusive Competition Forum, a think tank focused on democratising corporate power and the enforcement of competition law. Michelle is a UK and US-qualified lawyer, specialising in competition law and corporate governance. For years Michelle protected the competitive principles of free market capitalism from monopolies. However, after the collapse of the Rana Plaza garment factory in her mother’s home country of Bangladesh in 2013, Michelle experienced a crisis of conscience.Having believed for so long that an unregulated free market benefited society through innovation, low prices and egalitarian commercial opportunity; Michelle saw that the power of corporations and ruthless cost-cutting was in fact leading to human lives, the environment and democracy being destroyed around the world.