How new monopolies created the modern Gilded Age

How new monopolies created the modern Gilded Age

Growth rates and share of income have fallen in the United States for the past two decades, marking the new Gilded Age. Globalization and automation might be what causing the stir, but they are still not powerful enough to cause the change. Enter market power, or monopoly. Market power today takes new and creative forms; businesses are constantly searching for ways to achieve monopoly profits, defying the outdated antitrust and worker protection laws.