America's Monopoly Problem By Derek Thompson

Thompson, Derek. “America’s Monopoly Problem.” Atlantic, vol. 318, no. 3, Oct 2016, p 26. EBSCOhost, 0-search.ebscohost.com.skyline.ucdenver.edu/login.aspx? direct=true&db=f5h&AN=117792179.

Summary of the Source: America’s Monopoly Problem by Derek Thompson is a short article that talks about the monopoly issue in America. It starts out talking about all the of the different areas in America that have monopolies in them. Things like the online stores, grocery stores, Airlines, music ebooks, and beer. Then Thompson begins to talk about the beginning of the industrial age of America and how the Sherman Anti-Trust Act was placed. Talking about how a business with a monopoly didn’t just dominate in its own industry but that business also had political power. Thompson goes on and discussed how monopolies in the 20th century have come around. He starts to talk about what some of these huge companies are doing to cause less competition. Then he talks about what the government is trying to do to prevent these huge companies from doing such things. Then Thompson goes on to discuss about how big these monopolies can get before they are bad for the economy.

Derek Thompson graduated with triple major in journalism, legal studies, and political sciences from the Medill School of Journalism at Northwestern University. He is currently blogger at TheAtlantic.com and the staff editor for the Business Channel. He has just recently published a book called the hit makers and he is always writing blogs about the business world and what is going on. The Atlantic is that publisher of this article. The Atlantic was founded in 1857. The Atlantic publishes top writers’ opinions on abolition, education, and other major issues. The Atlantic is known worldwide as a very reputable source of information and