An Oil Price-Fixing Conspiracy Caused 27% of All Inflation Increases in 2021
Welcome to BIG, a newsletter on the politics of monopoly power. If you’d like to sign up to receive issues over email, you can do so here.I’m at the Google antitrust closing arguments, and I’ll have some thoughts on that soon. But today’s piece is about some bombshell evidence that just came out on a giant post-Covid conspiracy in the oil industry. And I do mean giant, because there’s now evidence that price-fixingp in the oil industry alone may single-handedly be responsible for a little over a...
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