Institutional investors’ cross-ownership creates anticompetitive power needing limits

Evidence

Posner, Eric A., Fiona Scott Morton, and E. Glen Weyl. “A Proposal to Limit the Anti-Competitive Power of Institutional Investors.” Antitrust Law Journal 81, no. 3 (2017). — Andrew deWaard, Derivative Media, 1384

Categorization

• XREF: Directly relevant to the common-ownership thesis central to Derivative Media’s Part One on finance shaping industries; connects to prior bibliography entries on institutional investors in media. — connects to: Monopoly pricing and planning emerged from US capital centralization since 1900 — David Harvey, The Condition of Postmodernity: An…, 803; Investor-style valuation techniques now shape public policy with coercive force — Ève Chiapello, Financialisation of Valuation, 108; Takeover markets and institutional investors drove shareholder-value restructuring of corporations. — Gerald F. Davis & Suntae Kim, Financialization of the Economy, 31 (+2 more)