While profits on Wall street in corporate America saw a handful of giant corporations dominate sector after sector. Agriculture, transportation, energy, financial services, you name it. And when you have that kind of concentration of ownership, You got monopolies, you got price fixing, and we end up paying much higher prices than we should. And when we talk about concentration of ownership, do not forget about who owns the media. Who determines what you're going to see on TV tonight? Right now, listen to this. (54:17–54:23)
CLAIM
Asserts that monopolies and price fixing lead to higher consumer prices.
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