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An era of rentiership? Placing monopoly, antitrust, and market power in 21st century Anglo-America policy discourse

Authors: Kean Birch*, York University, Callum Ward, UCL
Topics: Economic Geography
Keywords: Rentiership, monopoly, antitrust, market power, assetization
Session Type: Paper
Presentation File: No File Uploaded

Economic rents are the talk of the policy world right now, from whatever end of the political-economic spectrum. In our paper, we focus on recent critiques of monopoly, antitrust, and market power in policy discourses in the USA, UK, and Canada. While some of the policy critiques are familiar across these Anglo-American countries, others highlight the particularities of rentiership – its place-based manifestations and forms. We draw on a range of interviews with ‘policy-makers’ in these countries in order to outline the different ways that economic rents are understood and represented in Anglo-American political economies, before then discussing the differing policy emphases placed on different manifestations of rentiership. We do so in order to analyze the diverse policy landscapes of rentiership, and thereby emphasize its specificities and the particular policy responses to market power therein.

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