How We Fight Against Monopolies

Is Monopoly Anti-Capitalist Propaganda?

H.J. Heinz Co. is in talks to buy Kraft Foods Group Inc. in a $40 billion merger deal. So, do mergers like this violate antitrust laws against monopolies?

Learn More:
Heinz, Kraft to create world’s No. 5 food company
“In a jolt touching pantries across the globe, H.J. Heinz and Kraft Foods Group (KRFT) will merge into the world’s fifth-largest food and beverage company – bent on cutting costs, growing internationally and evolving into a more consumer-focused company.”

How and why did American business seek to eliminate competition.
“As business expanded natural predatory instincts took over as companies sought to eliminate competition.”

What is an antitrust law?
“Antitrust laws – also referred to as “competition laws” – are statutes developed by the U.S. Government to protect consumers from predatory business practices by ensuring that fair competition exists in an open-market economy.”

Watch More:
Is Monopoly Anti-Capitalist Propaganda?

Subscribe to TestTube Daily!


TestTube’s new daily show is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It’s a place where curiosity rules and together we’ll get a clearer understanding of this crazy world we live in.

Watch more TestTube:

Subscribe now!

TestTube on Twitter

Trace Dominguez on Twitter

TestTube on Facebook

TestTube on Google+

Download the New TestTube iOS app!

Special thanks to Julia Wilde for hosting TestTube!
Check Julia on Twitter: