Skip to main content

Sign up for our newsletter.

Quality journalism. Progressive values. Direct to your inbox.

For Immediate Release

Contact

Press Release

New Analysis: Why Are We Letting Monopolists Corner Space?

Open Markets reporter Luke Goldstein writes in The Washington Monthly about how billionaire tycoons are seizing control over America’s public satellite systems
WASHINGTON -

Luke Goldstein, a reporter at Open Markets Institute, published an in-depth article detailing the menacing emergence of yet another Big Tech roll-up of power — this time over the satellite systems that will host the internet of the future.

Goldstein lays out how Elon Musk’s SpaceX and Jeff Bezos’ Amazon have evaded regulations to gain near-total control over low Earth orbit satellite systems — and how regulators sometimes even helped them do so.

Major environmental, financial, privacy, and national security risks come with this new space-based industry. Among the current and forecasted threats that Goldstein lays out are:

  • A new, more-intrusive system of data gathering and surveillance;
  • Unfair competition (Musk has also effectively engaged in predatory pricing to expand Starlink’s customer base); and
  • A potential space debris disaster caused by experimental, poorly engineered systems

Goldstein also details some of the ways elected officials, federal agencies, and regulatory bodies can use more diligent technical oversight and public policy to minimize the political, societal, and environmental threats posed by the monopolization of this new industry by private powers.

From the article:

  • “New space technologies could immensely benefit humanity, but to realize the benefits we can’t hand over this valuable resource to the domineering control of Elon Musk and Jeff Bezos. Instead, the government needs to establish rigorous oversight and enforce fair and efficient terms of competition so space junk and monopolization don’t ruin the final frontier forever.”

Read the full piece in The Washington Monthly here.

###

The Open Markets Institute works to address threats to our democracy, individual liberties, and our national security from today’s unprecedented levels of corporate concentration and monopoly power. By combining policy, legal, and market structure expertise with sophisticated communications and outreach efforts, Open Markets seeks not only to hold today’s monopolies accountable for abuse of power, but to rebuild an economic system where progress is easier to achieve, because power is far more widely and equitably distributed

Democrats, Progressive Groups Push DOJ to Publish Database of 'Corporate Lawbreaking'

"The Corporate Crime Database Act will bring transparency to the corporate crime crisis so that the DOJ and other law enforcement agencies can better reckon with this greed-driven menace," said one advocate.

Kenny Stancil ·


As Corporations Enjoy Record-High Profits, Experts Urge Congress to 'Rein Them In'

"Today's record corporate profits mirror what we have been hearing on earnings call after earnings call: Corporations are gleefully reporting that their strategy to burden families with unnecessary price hikes is working."

Brett Wilkins ·


'Egregious': PFAS Firefighting Foam Spills at Notorious Red Hill Naval Facility in Hawaii

While officials said there is no evidence that drinking water was contaminated, the incident generated further local frustration with the closing fuel storage complex.

Jessica Corbett ·


House Passes Paid Sick Leave for Railway Workers Despite Opposition of 207 Republicans

"Now let's get it through the Senate," said Rep. Jamaal Bowman, who led the fight to add seven days of paid sick leave to a White House-brokered contract that failed to provide any to railroad workers.

Kenny Stancil ·


DeSantis-Backed Education Purge Begins After School Board Takeovers in Florida

"The new playbook of total ideological control is in full swing," said one free expression advocate.

Julia Conley ·

Common Dreams Logo