RFK Jr.: How Hidden Monopolies Are Driving Up Prices
3 months ago
10.2K
Private equity acquisition of small businesses and small- to mid-sized franchises have skyrocketed in recent years, and independently-owned businesses and small business owners have no way to defend themselves against hostile takeover by billion-dollar corporations.
Tiffany Cianci is among the thousands of franchise owners whose lives were destroyed when private equity firms took over their businesses. Nationwide, private equity firms are fixing prices and monopolizing essential industries like pediatric care, funeral services, daycare centers, and veterinary care, and in turn crushing small businesses and the middle class. They must be stopped.
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