Articles by David Dayen
We found 8 results.
How to Think about Breaking Up Big Tech
David Dayen – The Intercept,
8 Apr 2019
1 Apr 2019 – Sen. Elizabeth Warren’s plan to break up tech giants Amazon, Google, Facebook, and Apple has given concentrated corporate power its most prominent political platform since the 1912 presidential election. Whether such policy boldness means anything in a brand-obsessed political landscape will be determined when ballots are cast.
→ read full articlePuerto Rico Rejects Loan Offers, Accusing Hedge Funds of Trying to Profit Off Hurricanes
David Dayen – The Intercept,
2 Oct 2017
28 Sep 2017 – The PREPA Bondholder Group offered $1 billion in new loans and a swap of $1 billion in existing bonds for another $850 million bond. Despite growing calls for debt relief, no bondholder has said they would supply it in the days following the storm, nor have creditor lawsuits been withdrawn.
→ read full articleThe Hidden Monopolies That Raise Drug Prices
David Dayen | The American Prospect – TRANSCEND Media Service,
3 Apr 2017
How Pharmacy Benefit Managers Morphed from Processors to Predators – Under fire for their many drug-pricing scandals, from Martin Shkreli to Valeant, the pharmaceutical industry has tried to deflect blame by citing PBMs .
→ read full articleNew Report Exposes “Patient Advocacy” Groups as a Big Pharma Scam
David Dayen – The Intercept,
5 Dec 2016
A new study shows that nearly all patient advocacy groups are captured by the drug industry. Drug companies don’t only fund them, but also doctors, medical journals, university research, hospitals, and politicians.
→ read full articleThe Big Problem with the Trans-Pacific Partnership’s Super Court That We’re Not Talking About
David Dayen – The Huffington Post,
5 Sep 2016
Financiers will use it to bet on lawsuits, while taxpayers foot the bill.
→ read full articleWTO Ruling on Dolphin-Safe Tuna Labeling Illustrates Supremacy of Trade Agreements
David Dayen – The Intercept,
30 Nov 2015
Case in point: the World Trade Organization (WTO) on Friday [20 Nov] ruled that dolphin-safe tuna labeling rules — required by U.S. law, in an effort to protect intelligent mammals from slaughter — violate the rights of Mexican fishers. As a result, the U.S. will have to either alter the law or face sanctions from Mexico.
→ read full articleTPP Trade Pact Would Give Wall Street a Trump Card to Block Regulations
David Dayen – The Intercept,
9 Nov 2015
Article 11.2 of the agreement confirms that financial services providers are covered under the minimum standard of treatment obligation. This means that almost any change in financial regulations affecting future profits could be challenged in an extra-judicial tribunal, even if they equally applied to foreign and domestic firms and even if they were enacted in response to a crisis.
→ read full articleJPMorgan’s Bait-And-Switch: The Ballyhooed Settlement Is Just a Scam!
David Dayen - Salon,
25 Nov 2013
Ignore all the noise about the “big” fraud settlement JPMorgan supposedly just signed. Here’s why it’s one big zero.
→ read full article