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The U.S. Only Pretends to Have Free Markets

The U.S. Only Pretends to Have Free Markets

The Atlantic | Thomas Philippon | Oct 29, 2019 From plane tickets to cellphone bills, monopoly power costs American consumers billions of dollars a year. When I arrived in the United States from France in 1999, I felt like I was entering the land of free markets. Nearly everything—from laptops to internet service to plane