In the morning, I shower right after I wake up. I choose from a number of products to clean myself, yet they are made by just two companies: Unilever and Johnson & Johnson. I brush my teeth with a toothbrush and toothpaste made by Procter & Gamble but sold under the separate brands Oral-B and Crest. Before I eat breakfast, because I have Type 1 diabetes, I take insulin, a drug that, because of pharmaceutical consolidation and anticompetitive patent hoarding allowed to run amok, cost about $20 for a vial in 1996 but now costs $275. Lunch isn’t any better. The peanut butter for my sandwich almost certainly comes from one of three companies; same with the jelly. We all have “choices,” but do we really get to choose?

Once you put on your “monopoly decoder ring,” David Dayen writes in his new book Monopolized: Life in the Age of Corporate Power, you start to see how this power influences every part of our lives. There’s a baby formula monopoly: Three companies—Abbott Laboratories (which makes Similac), […]