Corporate Consolidation: Last Week Tonight with John Oliver (HBO)

I would like to talk to you
about business. The thing that everyone
onShark Tankthinks they have
a great idea for,
even this guy.Our cakes…
are made of foam, and they’re rentals. -Wait!
-(AUDIENCE LAUGHING) So, I can neither have my cake,
nor eat it too? I am in,
here is a million dollars. (AUDIENCE LAUGHING) Small start-up businesses
like that hold a special place
in America’s heart and politicians from across
the political spectrum love to talk
about how important they are. Small business is the backbone
of the American economy. Small businesses
are the backbone of this nation’s economy. BOTH: Small businesses are
the backbone of our economy. BOTH: Small businesses are
the backbone– ALL: Small businesses are
the backbone of our economy. ALL: Small businesses are
the backbone of our economy. ALL: Small businesses are
the backbone of our economy. -(AUDIENCE APPLAUDING)
-It’s true. “Small businesses are
the backbone of our economy” is that rare thing that
every politician agrees on. It’s that,
support the troops, -Ted Cruz can go fuck himself…
-(AUDIENCE LAUGHING) …and South Dakota senator
John Thune can get it, -he can get it!
-(AUDIENCE LAUGHING) Now, look, it can feel like
we’re in a golden age of small business start-ups, but
that isn’t actually the case. The rate at which new businesses
are been created has actually being
steadily falling since the 1970s.
And I would argue that one of the reasons for that,
is that big businesses, have been getting even bigger, which brings us
to our main topic tonight, “Corporate Consolidation.” Recent years, have seen record highs
for mergers and acquisitions. As you would know,
if you’ve ever watched the thrilled reactions they get
on business news. M&A has been hot,
continues to be hot. An exciting year for M&A. A few blockbuster deals
being announced. They call it “Merger Monday,”
on Wall Street. It is shaping up to be another
“Merger Monday.” They don’t call it
“Merger Monday” for nothing. -Media mega “Merger Monday.”
-“Merger Monday.” M– M– M… “Merger Monday”? -At last we have one, I say…
-♪ Hallelujah ♪
Okay, that was obviously
a little nauseating, but also, pressing a button on TV
is a little bit dangerous because someone could take
that footage and then loop any sound
that they want under there. Now, obviously I’m not immature
enough to do that but if I were
it would look like this. “Merger Monday”? At last we have one,
-(BLOWS) The point is– This point is, all this
merger activity has all made some sectors
of our economy ridiculously consolidated. NEWSCASTER:The United States
has gone from having
ten large airlines back in 2000
to just four today.
And those four mega airlines
now dominate
more than 80 percent
of the U.S. market.
Yeah, we down to just four
major airline choices, and no that does not include
jetBlue because that is not actually an airline. It’s just a very expensive way
to eat those weird blue chips… -(AUDIENCE LAUGHING)
-…which are, and this is true -just sliced Grover arms.
-(AUDIENCE LAUGHING) Look, and airlines here are
just the beginning. The rental car business is now 90 percent dominated
by just three companies. The U.S. beer industry
is 70 percent controlled
by just two companies, and online search engines are
of course as we all know dominated by one major player.
That’s right say it with me, -Bing.
-(AUDIENCE LAUGHING) That’s right. Bing, the best way
to Google something. In fact, look,
full disclosure here. Even our own parent company,
Time Warner is currently trying to merge
with AT&T, which makes this story
a little dangerous for us to do. Although you know,
that is presuming that AT&T executives manage
to get there shitty service working long enough to see it. -(AUDIENCE CHEERING)
-AT&T, it’s the top
telecom company around alphabetically and nothing else. -(AUDIENCE APPLAUDING)
-Look, even some brands, that you might think
of as indie now have multinational owners.
Burt’s Bees? It’s– it’s not run
by a backward bee fucker -called Burt.
-(AUDIENCE LAUGHING) It’s run by Clorox. Tom’s of Maine,
the deodorant which did so little to deodorize
your freshmen year roommate. (AUDIENCE LAUGHING) That’s not owned
by Colgate-Palmolive. And then there was Goose Island. Now, their ads feature
beardy brewers rubbing-hops on their faces.
-(AUDIENCE LAUGHING) But what they don’t mention is that Goose Island
is owned by Anheuser-Busch, and that farm that you just saw is located at
822 Budweiser Loop. It’s presumably just passed
Bud Light lime-a-rita boulevard. Basically, if you see the mass
grave of Clydesdale horses, turn left and you’re there. -(AUDIENCE LAUGHING)
-And it says something about the rapid rate of mergers
that even Jim Cramer, occasionally
finds himself in disbelief at one happening. Watch him react to a mega merger
in the aluminum can industry. Ball Corp’s acquisition of Rexam is taking the number
of competitors in this space down to,
get this, -from three to two.
-(AUDIENCE LAUGHING) How did they let that happen? -(AUDIENCE LAUGHING)
-Yeah. It’s not great when
a business casual Louis C.K. with a sound effects board is saying, “Holy shit
this was a really bad idea.” -(AUDIENCE LAUGHING)
-But, but
“how did they let that happen?” Is actually
a really good question. And the answer is interesting,
because we’ve had anti-trust laws on the books
for more than a century. And I’m not saying that
every single merger is bad. Sometimes businesses
getting bigger can lead to greater efficiencies
and improvements. The tension is between
allowing that and preventing them
from doing real harm. So it’s a– it’s a balance. But since the late 1970s,
that balance has tipped decidedly in favor
of being merger friendly, which has led
to real problems. And let’s start
with the obvious, for workers, mergers can
often mean big layoffs, but it’s not just employees
that can suffer, consumers can too,
as Jim Cramer explained, in that aluminum can segment in an inexplicably
sarcastic tone of voice. I always say competition,
while great for you, a consumer, is it enough amount of profits. Sometimes a business would be
a total monopoly with no competition whatsoever,
and while that’s the ideal, it’s very rare to see
a genuine monopoly, -because of course,
it’s against the law.
-(AUDIENCE LAUGHING) Which brings us to the next
best thing, an oligopoly, where a handful of companies
control an entire industry, co-existing peacefully without much in the way
of price competition. -That’s a weird tone to use…
-(AUDIENCE LAUGHING) …to describe something
that’s clearly awful. It’s rare to see genuine
bestiality because of course
it’s against the law. Which brings us to the next
best thing, having sex
with the stuffed animal while looking at pictures
of a real horse. (AUDIENCE LAUGHING) And– And for sense of what
it can look like when a handful of companies
co-exist peacefully without much in the way
of price competition, just look at airlines. In 2012, one airline executive
told an industry conference, Consolidation has allowed us
to do things like ancillary revenues,
which is jargon for all those fees
that drive you fucking crazy! Now, American was the first
major airline to charge you for your
first checked bag back in 2008, and back then people
could not believe it. NEWSCASTER:American Airlines
will soon charge $15
for the first checked bag.That on top of a fee
of $25
-for your second one.
-Fifteen dollars? Holy cow. I’ll have to put
my underwear in my pocket. (AUDIENCE LAUGHING) Yes! First, that is clearly
a delightful man. Although, it does makes you
wonder whether he fills his bags full of underwear
and nothing else. -(AUDIENCE LAUGHING)
-But– But within months, most major airlines had followed
American’s lead and it was essentially
industry standard. And it is easy
for that to happen when there’s only a handful
of big players. In fact since then they have
added and increased bag fees multiple times,
often moving in tandem, which is how those fees have
gone generating around 540 million dollars a year
a decade ago, to 4.2 billion dollars now. And that is infuriating.
After all, if I wanted exorbitant fees that keep getting raised all
the time despite shitty service, I’d become a customer of AT&T. -(AUDIENCE LAUGHING)
-Yeah. -Fuck you AT&T!
-(AUDIENCE LAUGHING) Even if you take over
you’ll never be my real dad! (AUDIENCE LAUGHING) And, look, you– you may
well be angry with the service you get
from airlines but thanks to consolidation, they don’t really need
to give a shit about what you think. And if you don’t believe me? Remember that awful video that
went around earlier this year. NEWSCASTER:The shocking images
of a passenger
caught in a travel nightmare.A man visibly shaken
as he’s yanked
and then dragged of a United jet
by law enforcement.
All after refusing
to give up his seat.
that’s the most horrifying thing you can possibly see
on an airplane, unless your in-flight movie
isThe Boss Baby.A movie that combines
the unbearable smugness of Alec Baldwin
with an unbearable smugness -of a baby.
-(AUDIENCE LAUGHING) Now, in the wake
of that incident, people said
it was a PR nightmare and there was talk on Twitter
of boycotting United. The problem is on certain routes
they’re the only option. So, a boycott is gonna be
pretty hard to pull-off, and that is arguably why
their CEO was later able to open his
earnings call for that quarter, by describing a period in which,
I will remind you, a passenger had his teeth
knocked out on one of United’s planes,
like this. OSCAR MUNOZ:Welcome to
a terrific second quarter,
strong financial
results and even uh,
more incredible
operational results. And as you
think of our customers,
I want to thanks them for their
continued loyalty and support.
We continue to find new
and better ways to service them
and make the more comfortable
on our airline.
-And you know what? Is it really any wonder that
their earnings stayed solid. United, is sometimes
the only way to get to where you are going. Which actually explains
their new slogan, “You wanna fuckin’ roller blade
to Houston? Shut up and get in!” (AUDIENCE LAUGHING) And when and industry gets
too consolidated, any company trying to compete
with them or survive in their
supply chain, can get crushed. Now we all know about Amazon,
Walmart or Google, but there are less
obvious examples of this too. Take eye-wear. Now if you go
into a Lens Crafters, you’ll see frames
by brands like um, Prada, Dolce & Gabbana, Burberry
and Ralph Lauren. All of which it turns out, are made by an Italian company
called Luxotica, which incidentally also owns
Lens Crafters and Sunglass Hut and Pearle Vision and runs
Target Optical, and Sears Optical. So, what can
happen when a smaller company goes up against them?
Well, just ask Oakley. BRETT ARENDS:
Oakley was a big competitor
and they had a fight
with Luxotica and Luxotica basically said, we’re dropping you
from our stores. -And–
-They refused -to sell their glasses…
-BRETT: Yeah. -…in their store?
-It was a dispute about pricing, and they dropped Oakley
from the stores. And Oakley’s
stock price collapsed. There were some issues between
the two companies in the beginning
of the 2000s, but… both of them understood
that it was better to go along. We merged with Oakley in 2007. -You bought Oakley.
-So we’re talking– They tried to compete
and they lost and then you bought them. I understand your theory, but… they understood that life
was better together. -Whoa!
-(AUDIENCE LAUGHING) That is the menacing tone
of a Bond villain, They understood that life was better together, Mr. Bond, no? That is the first time that I’ve ever felt sorry
for Oakley. The official sunglasses
of guys who un-ironically use
the term “finger blasting.” And– I think
it’s a sponsorship deal. And– And there is one
more victim of consolidation that you may not think about, and that
is the products themselves. Because
heavily consolidated industries can lose the incentive
to innovate and the best example of this
may be the cable box beneath your TV.
If you have one of those, you probably hate it. Because it’s huge, it’s glitchy, and it’s may be one
of the largest energy consuming items in your house even when it’s turned off.
But if you think about it, cable companies have no real
incentive to improve them. They’re essentially regional–
regional monopolies. And again, they know that you basically
have no where else to go. And you can’t even smash your
cable box out of frustration, because you’re renting it
and they’ll then charge you hundreds of dollars
if you don’t give it back. Which is why
we went through the trouble of blowing this one up for you.
Please take a look. There you go. Pretty cathartic to watch,
right? -I hope that helps.
-(AUDIENCE APPLAUDING) Feel free to watch it again
in slow motion. (AUDIENCE APPLAUDING, CHEERING) I want you to know
that box suffered. -(AUDIENCE LAUGHING)
-The point here is, we seem to have forgotten,
how important Anti-Trust is. And now are being forced
to live with the consequences. Because this issue affects
almost everything you do. Angry at banks? Well, the industry’s dominated
by just these four. Frustrated with your
health insurance provider? Odds are, it’s one of these. And if this whole story
is infuriating you so much that you’re yearning
for the sweet escape of death? Well bad luck,
because the casket industry is controlled
by these three companies. Oh, and it gets even worse. The after life is actually
controlled by one religion. I’m not saying which one, but when you find out
you’re gonna be so mad. (AUDIENCE LAUGHING) -The point– The point is–
-(AUDIENCE LAUGHING) The point is, we have laws to prevent the worse effects
of consolidation. And it may well be time
to more aggressively use them to impose strict standards
and to empower the FTC and the DOJ’s
anti-trust divisions. And that is something that
most people would really get behind, and nearly
every politician should. After all, there is one thing
they can not stop saying. ALL: Small businesses are
the backbone of our economy. Well, if they
really believe that, it may be time for them
to stop talking about backbones and actually fucking grow one. -(AUDIENCE APPLAUDING)
-And now this. NARRATOR:And now.All of Jim Cramer’s
sound buttons
replaced with fart noises.Hedge-Funds that are in trouble
start selling, not because they want to, -but because they have
to raise money…
-(FART NOISE) to pay back their
unhappy clients. (FART NOISE) -Things keep working out.
-(FART NOISE) Is it any wonder
that Norfolk Southern -and Union Pacific keep running?
-(FART NOISE) -Buy high and then sell low!
-(FART NOISE) A time-honored way
to lose money. -Sell it tomorrow…
-(FART NOISE) …because the whole idea
of saving for retirement -puts you to sleep.
-(FART NOISE) -I want you to feel embolden…
-(FART NOISE) -…not.
-(FART NOISE) As we tell you what we would do
before we pull any trigger. (FART NOISE) -I was wrong on both counts.

100 comments on “Corporate Consolidation: Last Week Tonight with John Oliver (HBO)”

  1. SRGT. Stones says:

    I think the biggest issue is everyone just wants to fight and no one wants to FUCKIN AGREE FOR ONCE its all a big Debate-O-Rama for them man really your gonna support Aborting a live baby at 9 months? killing a child just because Your SELFISH ass cant see it yet? If you dont want it then fucking put it up to ADOPTION this shit is disgusting all you "Democrats" Are playing into Evil and you cant even see it.

  2. Michael Grammatikos says:

    anti trust isn't the answer, reducing barriers to entry is.

  3. you're a shitty person says:

    Jim Cramer will forever have a place in my heart, for having a cameo at the very beginning of the MCU

  4. Karobi says:

    One of his best pieces.

  5. Dee Lynn says:

    hahahahahaha the end. forever 10 years old.

  6. TWSTF 8 says:

    Amtrak is a perfectly good way to travel between States.

    Especially if you're only going a State or two away.

    If you'd rather not fly for an hour or two, and you've got a couple days and were considering taking a Greyhound bus anyway, the Train is the same price, sometimes even cheaper, makes far fewer stops on the way, and you can walk up to the dining car and sit looking out the window the whole way with all the legroom you could ever need!

  7. J Lord says:

    2:42 because we're Delta Airlines! And life is a fucking nightmare!

  8. The artist formerly known as 'An actual Faggot' says:

    " You'll never be my real DAD!!" John Oliver 2017

  9. wow mindesdye says:

    What was that about a One World govt again??

  10. Wings of Purity Official says:

    Murders and Executions

  11. TheKeithvidz says:

    break up all or majority industry.

  12. TheKeithvidz says:

    Best vid – pasting this in my own political document as research.

  13. RestlessJuan says:

    Sad thing is this was 2 yrs ago and its has not changed.

  14. J M says:

    You dont have "customer loyalty and support" when they have no other option.

  15. Harshit Madan says:

    Blame regulations

  16. gary byoosey says:

    a lot of good comments on here

  17. J. P. says:

    He didn't even have the backbone to mention Disney. We are all owned.

  18. dentrh says:

    United Breaks guitars

  19. Ewart Smith says:

    8:04 Still true a year later

  20. FreddyFish says:

    That's why American Democrats instead of focus on racism and sexism which consume 90% of the media. Focus on legislation which has a positive effect on lower, middle income families.

  21. Ariel Augusto Turcios DuPuis says:

    I don't know if it's because I'm immature, but I was laughing my ass off with the replacement fart noises….!!! 😂😂😂😂😂😂😂😂😂😂

  22. Jay Richardson says:

    Just beating around the Capitalism bush with this show guys.

  23. Josiah Suarez says:


  24. Poo0fi says:

    Oh god that flex was savage. Hahahaha

  25. Dee Johnson says:

    Wow you know it's real when it has this many dislikes😂😂😂😂😂🤔

  26. xtension xward says:

    almost every episode of Jon Oliver makes me wanna subscribe hit the like button and favorite the video more than once during watching XD

  27. Tyler Speier says:

    Nearly two years later John Oliver still giving it to business daddy

  28. Robert Wilson says:

    The hashtag "LeningradLindsey" trended on Twitter Thursday after Sen. Lindsey Graham (R-S.C.) forced a controversial asylum bill through committee.

  29. Frank Walsh says:

    If Time Warner Merges with AT&T would they become TWATT?

  30. jager64xxx xxxpanzer says:

    fyi when the USA defeated
    us on the pacifc war, they made us make laws BANNING
    the situation where a few big corporations ruling an intire industry.

    Now they're doing exactly that.

    How ironic.

  31. Sup3rTalks says:

    2:21 What in the hell was that in the crowd

  32. John Snow says:

    There was a whole chapter on Oligopolies in my Micro-economics 101 class…yea, they're almost as bad as monopolies. It's so easy to get around the pricing competition. If there's a industry leader, all they need to do is raise prices, which is a signal to everyone else to also raise prices. Or, they just monitor each other's prices and match them, and when they notice this is happening, decide not to compete based on price (sometimes even raising prices), but rather on advertising. I could go on and on about how Oligopolies ruin competition and therefore screw over the consumers…but you already knew that. I will add though, that these companies are usually the biggest donors to politicians…which you know, isn't suspicious at all and totally not correlated to anti-trust laws not being followed…

  33. Joshua Thompson says:

    Believe me or not but when you said Google my phone open the Google page

  34. Issac E Howard Jr says:

    2 thumbs up for the exploding cable box. ^.^ Love Cramer's fart-O-matic. lol

  35. Trottotrot says:

    Love this Guy…new age jon stewart who tells it exactly like it is and bullshit left out

  36. 15th-TN Sammy says:

  37. Artie Rupinen says:

    "DAMN YOU CAPITALISM!!!!!!!!!!" -Every non-conservative in America

  38. mountain boy says:

    The Jim Kramer fart noise bit was too funny

  39. Jennie Kelly says:

    I remember when airlines began charging for extra bags, it was because petrol went over $3 per gallon. My question is, petrol is now back down to $2+ per gallon, why are they still charging for bags?????

  40. Leif Leoden says:

    1:20 Dude have you checked out how onerous the process to start a business is in most states!? I thought about starting a business in California but after looking at the relevant rules and regulations determined I would probably need a legal council to navigate through. At the time I was a student at UCLA so I went in for free legal advice, basically they told me I should be prepared to wait a minimum of 2 years if I do all the paperwork properly.

    This process is insane and only benefits large corporations and wealthy investors at the expensive of regular entrepreneurs.

    Here's an experiment to see if my theory is correct. Rate the states in order of how onerous the bureaucratic process is to start a new business, then see if the states with the least onerous process open the most small businesses per capita. Maybe add in a few controls like 'anyone starting a new business with over x million in the companies bank account or available from VC group B' are excluded as they are by definition now multi-million dollar corporations.

  41. Leif Leoden says:

    7:50 "If I wanted exorbitant fees that keep getting raised all the time despite having shittier and shittier service…" I'd enroll in an American University.

  42. Len D says:

    Corporate Communist!

  43. Dale Machine says:

    we do have a choice "smug youtube viewer who has not had cable in 10 years"

  44. I. Wynn Wynn says:

    Yep, All of Baldwins are too smug, esp. Alec

  45. Flute Island says:

    on that button pushing joke in my brain I was like "please don't do a fart joke"

    ugh you let me down, John

  46. Greg Kientop says:

    Not "small backbones" but 'invertebrates'…

  47. scarylion.roar says:

    "Competition would start kicking in." 🐮💩

  48. minivan milf says:

    TapAndFart sponsored this video

  49. Nick Robinson says:

    I would buy this but I am only interested in buying it for the season that is happening now and preferably at the beginning of that season. Not sure if that is possible but Youtube never seems to offer that option. I guess another handy thing would be to know how many episodes are to come in the current season that you can buy.

  50. Josh G says:

    Anheuser-Busch is predatory as fuck. They love squeezing small business out.

  51. Evil Gary says:

    ermagherd mergermonday

  52. John Doe says:

    what that tells me is that despite dishonest media like you, who want me to believe that they just beat this guy up, that the guy didn't refuse to deplane and say the phrase "if you want me off this plane you will have to drag me off it", then violently resist police, united airlines managed to survive the medias attempted character assassination.

  53. Milrok Seeks says:

    Few years ago my friends a d I use to use a website to transfer softwares with out issue and guess who bought the company ? If you said Facebook you're correct and now we have to find sites that are as good as and it's hard.

  54. Tom Hendricks says:

    The Big 3 Labels, control 80% of the music industry, and destroyed it.Warner, Sony, Universal. This has led to bad radio, concerts, music media, low streaming, and all but about ten pop stars. That's why the music revolution. Join it!

  55. Tom Hendricks says:

    Consolidation also allows a few players to control the government in their field through lobbyists that citizens can't match.

  56. Tom Hendricks says:

    Corporations vs. People

    The paradigm is shifting from

    Day after day it's becoming more and more clear. Both are fighting for control of the government. Corporations usually win.

    Look at this list of problems facing the nation. These major problems all have something in common. PEOPLE vs. CORPORATIONS.

    People want it. Major media corporations don't.

    People addicted. Drug corporations making big profits.

    People lost their homes. Banks got 700 billion dollar bail out.

    People want reasonable gun laws. NRA / Gun Lobby opposes change.

    5. F – 35 FIGHTER JET ( Cost 1 trillion dollars), oil wars, unaccounted military spending.
    Capital enough to end poverty in the country. Weapons Manufacturers.

    6. TAX REFORM.
    People got little relief. Corporations got massive tax cuts.

    People want reasonable privacy. Corporations want personal data to focus ads.

    Medicare for all. Health Care Business Profits.

    People for common sense change. Polluting Corporations.

    National Parks for all. Corporate controlled land for profit.

    11. MEDIA
    People need to know about issues and solutions. Media concentrates on scandal to avoid investigative journalism of corporation abuses.

    12. TOBACCO
    Smokers addicted. Tobacco company profits.

    College Education . College profits.

    Corporations protect their profits, but the creators get little for their work.

    15 ADVERTISING. Corporations promoting themselves, their service, and product as perfect. People blocking out the onslaught of ads, spam, mailings, etc.

    16 PLANE TRAVEL. Corporate profits. Customer comfort and safety.

    We have three political parties, the Republican Corporate Party, the Democratic Corporate Party, and all the rest of us that don't have lobbyists.


    The list is just started. What would you add to it?

  57. Charles Wood says:

    That dude at the buy high and sell low wtf? How do you have an outlet?

  58. MrPosbi says:

    laughs in european

  59. András Fehér says:

    Sorry I didn't get that. Small businesses are the backbone of what?

  60. chris Davis says:

    And now I finally know the origins of his beef with with AT&T

  61. Allek Mott says:

    Airtel wins alphabetically though

  62. Hugh Mann says:

    corporate consilidation = monopoly

  63. Hugh Mann says:

    Bing + google = 1 major cell phone company.. wth..

  64. Hugh Mann says:

    0:32 f in lluminati.. f in politicians are absolutely on the same page in their manipulation of WE THE F IN PEOPLE, that everything is "allright, acceptable, "you need to calm down" (DONT SAY THAT TO ME!), while they azz rape us for profit.. were paying them to azz rape us.. OMG WHAT A HORRIBLE TIME TO TRY TO STOP CUSSING!!

    This can only be "the new world order".. The 2000ish year old Bible is right, conspiracy theorists are right.. (fact check this by doing a search for "whats the difference between scizophrenics and "aspurger syndrom!) US SCIZOPHRENICS AKA ASPURGER PATIENTS ARE READY TO GIVE YOU REALITY OF POLITICS.. (straight up evil) .. we have one political party vs .. Us, they control our government.. WTF ISNT ANYONE TALKING ABOUT PELOSI HANDING TRUMPF $4.6 BILLION DOLLARS FOR THE "IMMIGRATION PROBLEM" HE CREATED!?!? Hes still using it as a f in platform!!!

  65. Vlad Tepes says:

    n i spend last week thinking its today, lol, im dumb.

  66. Mr. Spock says:

    Time to get off the grid!

  67. Gemel Walters says:

    One word…DISNEY

  68. lordgunner TGSTEL says:

    Small businesses are the backbone of our economy, but big company and their lobbyist run washington

  69. Ian Moffat says:

    Says the massive business run by massive businesses

  70. pop5678eye says:

    Capitalism: giving you a choice… of different brand names from the same corporate overlords…

  71. pop5678eye says:

    Unfortunately politics is also consolidated to just two parties in America…

  72. pop5678eye says:

    Turns out the one true religion is Judaism… What? Throughout the Bible god obliterates anyone opposing it and punishes his own 'chosen' people when they stray. It couldn't have been any more clear!

  73. specialktheman says:

    7:11, gives me a Christmas-ey like laugh, every time

  74. Devon Rusinek says:

    The telecom industry

  75. Chris Summers says:

    Small businesses. Mitochondria is the powerhouse of the cell
    Four mega airlines – 83% of air traffic – 4 companies
    Rental car business – 90% 3 companies

    Extra baggage fee. In 4.2 billion dollars in 2016

  76. Chris Summers says:

    At t

    Munoz – United CEO – terrific second quarter. Strong financial results
    Casket industry

  77. Bodhidharma said says:

    Have I finally stumbled on to the start of the 'business daddy' meme?

  78. parker creecy says:

    "I want you to know that, that box suffered," is what all the women he's slept with said to him after.

  79. Alissa Arbuckle says:

    AT&T SUCKS!!!bunch of scammers

  80. I’m Sailor says:

    Who tf laughed like the IT 2 sound effect at 5:07

  81. Thomas Kinkade says:

    Oakley is ridiculous. Good riddance. For the covertly racist gun fanatic, there is Oakley.

  82. venture bullettrain321 says:

    0:42 the dirty little secret none of them want you to know This shocking trick makes you lose 7 inches of belly fat overnight. But don't change that channel yet! If you buy it now you can get this lawnmower for only $99.99! A 700 dollar value for only 99999999 #andywashere

  83. Arcanine-Espeon says:

    "Small businesses are the backbone of out economy" is the new "Dick Cheney made money off the Iraq War" Vine.

  84. zachary gerow says:

    God I wish that cable box was the company that I work for

  85. Nick Retzlaff says:

    I heard with taxes, corporate consolidation can be done in-perceptively over time. A PC game call Deus Ex, taught me that and is kind of true. That game also did a lot of conspiracy theories as well and it really makes you think about the world and how it works at times.

  86. David Bower says:

    Never pay for cable, instead watch whatever you want, whenever you want, and for free, on any android device.

  87. 4444Ferris says:

    I'm from Mexico, and we suffer the same and even a little bit more, but to cheer me up I think in Taco bell. If you see a map of tacobell locations, you will see many contrys in America, with the most visible void been Mexico. Even with their large and deep pockets, even with experience in publicity, tacobell was asfixiated by the small business wherever they set foot on. It is hard, but it is possible.

  88. Andrew Harper says:

    The point is that we're simply at a time in the business cycle and many entrepreneurs are reaching retirement age so they sell to people who can afford it read big corporations to fund their retirement often these companies also have built up large pension liabilities that need funding too. If you want to do something about it then you would need to be able to raise sufficient funds from a bank buy the brand and fund the pensions as well as getting the politicians behind you. And they're too invertebrate to do something that might cost jobs and potential taxes and lobbying funds.

  89. Sean Devine says:

    "capitalism breeds competition"

  90. Sean Devine says:

    Capitalism fucking sucks!!!

  91. Trent McAteer says:

    We are seeing this right now in Denver and other places like Chicago where Comcast (owned by Viacom) and DirecTV (owned by AT&T) are not renewing regional sports networks contracts with local regional sports networks like Altitude TV in Denver. They say the regional sports network model doesn't even though they both own regional sports networks and they are carrying each others regional sports networks while colluding to put their smaller competition out of business. Viacom and AT&T are both garbage companies with predatory practices that our government has done nothing to stop.

  92. ricaard says:

    This episode brought to you by AT&T

  93. Richard Hotz says:

    BTW "AT&T" isn't your dad's AT&T . It's the like the hollowed out shell of a human used by the giant insect guy in Men In Black. It's actually SBC, a vampiric capitalist company that previously consumed the Bell system, one baby Bell at a time. It bought AT&T and quickly disgorged the not so profitable aspects which was most of the company, like research, but kept the name because of it's positive image of having been founded by Alexander Grahm Bell. I mentioned the research spin off because it's the thing that most mattered to the man, Bell, who would likely be completely repulsed by what his company has become.

  94. regina jerusalemsky says:

    Soo..when will I see you blush and OPENLY agree to 'that fact' that "the new world order" is no longer with the word"theory" in it..? You can close your eyes and reppell anything that comes by this road..I'm crazy.. what do I know..?
    When understood..when thought and desided what can you least I now know that YOU don't think I'm now starting to think that you are.. your not..but it's probably too In
    Your interest to talk to me.. just.. just try to stay alive … good enough for me ..

  95. taeril1 says:

    Third world problems

  96. Ho Homer says:

    Wow, Oliver has been bashing AT&T before the merger lol

  97. Loneamaruq says:

    This is the biggest problem facing humanity right now

  98. Maxime Meis says:

    John probably saw the thousands of regulations added over the years and how costly it becomes to start a business and simply comply with all mandates. He saw it, saw that it didn't fit with his narrative and picked up a couple of examples of behaviors that happen in industries where government regulations have made it impossible for new player to enter.

  99. Подоляк Олександр says:

    I love Jhon, but somebody must do the same thing with his huge red button too.

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