Trust in Markets and Antitrust in Media
Oligarchs routinely use media ownership to solidify their political positions, which they can then use to secure rents from which they can fund media. That is why ownership should be transparent, with, ideally, media owners prohibited from owning other assets.
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LONDON – This year’s World Economic Forum Annual Meeting in Davos came at a moment of puzzlement for the world’s economic and financial elites. Although the global economy has lately been doing rather well, voters have been rebelling against them.