Democrats Imitate Trust-Busting Teddy in Own Populist Appeal

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Media Outlet: Bloomberg News

Bloomberg News cited the Open Markets Program and Lina Khan in a story on the antitrust plank that was inserted into the Democratic Party platform:

The party’s platform committee has added a pledge, not seen since 1988, to go after dominant companies seen as abusing market power. Activists are complaining that a small number of players have been allowed to consolidate too many industries like telecommunications and airlines, leaving consumers worse off. 
Encouraged by grassroots groups, think tanks and academics, Democrats from Hillary Clinton to Senator Elizabeth Warren are borrowing a page from Republican President Teddy Roosevelt’s trust-busting a century ago and are using the issue to tap into the populism that’s fueled Donald Trump’s presidential run.

In the News:

Lina Khan was a fellow with the Open Markets program at New America, where she researched the concentration of power in America’s political economy and the evolution of antitrust laws.