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<blockquote style="position: relative; padding-left: 55px;"><section><a href="https://mamot.fr/users/pluralistic/statuses/113697083306224618">Cory Doctorow (pluralistic@mamot.fr)'s status on Monday, 23-Dec-2024 00:03:33 JST</a><a href="https://mamot.fr/@pluralistic" title="pluralistic@mamot.fr"><img src="https://gnusocial.jp/avatar/1478-48-20250110225240.webp" width="48" height="48" alt="Cory Doctorow" style="position: absolute; left: 0; top: 0;">Cory Doctorow</a><div><a href="https://mamot.fr/@pluralistic/113697070282408944" rel="in-reply-to">in reply to</a></div></section><article><p>McKinsey is behind the majority of illegal mergers, the majority of pharma patent fraud, and the majority of illegal exclusive dealing cases. They keep asthma inhaler prices high, write strategy for ALL THREE Pharmacy Benefit Managers, and all five big defense contractors. </p><p>by <a href="https://mamot.fr/tags/MattStoller" rel="tag">#MattStoller</a> <br><a href="https://www.thebignewsletter.com/p/cutting-government-is-easy-if-you" rel="nofollow noreferrer">https://www.thebignewsletter.com/p/cutting-government-is-easy-if-you</a></p><p><a href="https://mamot.fr/tags/doge" rel="tag">#doge</a> <a href="https://mamot.fr/tags/corruption" rel="tag">#corruption</a> <a href="https://mamot.fr/tags/mckinsey" rel="tag">#mckinsey</a></p></article><footer><a rel="bookmark" href="https://gnusocial.jp/conversation/4236360#notice-8279528">In conversation</a><time datetime="2024-12-23T00:03:33+09:00" title="Monday, 23-Dec-2024 00:03:33 JST">about 5 months ago</time> <span>from <span><a href="https://mamot.fr/@pluralistic/113697083306224618" rel="external" title="Sent from mamot.fr via ActivityPub">mamot.fr</a></span></span><a href="https://mamot.fr/@pluralistic/113697083306224618">permalink</a><h4>Attachments</h4><ol><li><article><header><div>Domain not in remote thumbnail source whitelist: substackcdn.com</div><h5><a href="https://www.thebignewsletter.com/p/cutting-government-is-easy-if-you#doge">Cutting Government Is Easy... If You Go After McKinsey</a></h5><div> from <span>Matt Stoller</span></div></header><div>Elon Musk engineered a panic over government spending, thwarting major PBM reform and bans on junk fees. But cutting government spending is easy, if you take on power. And therein lies the rub.</div><footer></footer></article></li><li><label><a rel="external" href="https://gnusocial.jp/attachment/3754007">And now let’s move to McKinsey’s power over big business. It’s hard to find a big company that McKinsey doesn’t work for. McKinsey keeps its client list secret, but I got documents from bankruptcy filings showing who some of them are. And as it turns out, 68% of companies being sued by Federal enforcers over antitrust violations in the merger, Orange Book fraud, monopolization, or exclusive dealing are McKinsey clients. McKinsey works for the companies keeping the price of inhalers high to consumers (and the government), it works for the big three PBMs, all major big tech giants, and all five major prime defense contractors. It is the key vector for spreading bad business habits across sectors, through private equity firms and Wall Street, and into your neighborhood.</a></label><br><a href="https://static.mamot.fr/media_attachments/files/113/697/075/352/679/808/original/bc75aa95e710186f.png" rel="external">https://static.mamot.fr/media_attachments/files/113/697/075/352/679/808/original/bc75aa95e710186f.png</a></li></ol></footer></blockquote>

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Cory Doctorow (pluralistic@mamot.fr)'s status on Monday, 23-Dec-2024 00:03:33 JST Cory Doctorow
in reply to
McKinsey is behind the majority of illegal mergers, the majority of pharma patent fraud, and the majority of illegal exclusive dealing cases. They keep asthma inhaler prices high, write strategy for ALL THREE Pharmacy Benefit Managers, and all five big defense contractors.
by #MattStoller
https://www.thebignewsletter.com/p/cutting-government-is-easy-if-you
#doge #corruption #mckinsey
In conversationabout 5 months ago from mamot.frpermalink
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  Cutting Government Is Easy... If You Go After McKinsey
  from Matt Stoller
  Elon Musk engineered a panic over government spending, thwarting major PBM reform and bans on junk fees. But cutting government spending is easy, if you take on power. And therein lies the rub.
2. And now let’s move to McKinsey’s power over big business. It’s hard to find a big company that McKinsey doesn’t work for. McKinsey keeps its client list secret, but I got documents from bankruptcy filings showing who some of them are. And as it turns out, 68% of companies being sued by Federal enforcers over antitrust violations in the merger, Orange Book fraud, monopolization, or exclusive dealing are McKinsey clients. McKinsey works for the companies keeping the price of inhalers high to consumers (and the government), it works for the big three PBMs, all major big tech giants, and all five major prime defense contractors. It is the key vector for spreading bad business habits across sectors, through private equity firms and Wall Street, and into your neighborhood.
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