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Illustration: Sarah Grillo/Axios

Sen. Elizabeth Warren's campaign has largely been overshadowed in recent weeks, but she's steadily unveiling a policy platform that would unravel years, if not decades, of corporate mega-mergers.

Driving the news: Today, her campaign put the target on Big Agriculture.

  1. Warren said she would appoint trustbusters to reverse competitive and vertical mergers, including the Bayer-Monsanto merger of 2018 and in specific livestock industries such as chickens.
  2. She would push for a right-to-repair that would end restrictions on where equipment could receive maintenance. This has ramifications (Apple) that go far beyond agriculture.
  3. She would also support national restrictions on foreign ownership of farmland and agriculture companies.

The big picture: Warren is the most prominent elected booster of the idea that rising corporate concentration contributes to broader economic inequality and erodes innovation.

  • Activists, officials and academics who share this view place a lot of the blame squarely on the current legal standard for deciding antitrust cases, which is based on whether a company or merger is harming consumers specifically.
  • In court, whether consumers are being harmed often hinges on whether they'll see a price increase.
  • That makes it hard for regulators to bring cases against many deals or "free" services like Facebook or Google.

The bottom line: This school of thought has caught fire in the last couple of years in progressive circles in D.C., attracting its share of criticism in the process. Warren is the first presidential candidate to bet big that voters will care, too, and want a sea change here.

  • If she's right, it will substantially elevate the issue — and could leave some of America's most prominent companies scrambling to play defense.

What's next: We already know some industries Warren might target, thanks to a 2016 speech listing industries she said were suffering from consolidation.

  • ✔️ Big Tech (earlier this month, she said she'd break up Google, Facebook and Amazon)
  • ✔️Agriculture (her announcement today)
  • Banking
  • Airlines
  • Telecom
  • Health care
  • Big retail (she singled out Walmart)

Go deeper:

Go deeper

1 hour ago - World

Mapped: The world's most and least corrupt countries

Expand chart
Data: Transparency International; Map: Jared Whalen/Axios

The most corrupt governments in the world are in South Sudan, Syria and Somalia, according to Transparency International's annual index, while the "cleanest" are in Denmark, Finland and New Zealand.

  • Breaking it down: The U.S. is 27th, China 66th, India 85th, Brazil 96th and Russia 136th. Scroll over the map to see each country's ranking.

Crypto leads to massive surge in online scams

Expand chart
Reproduced from FTC; Chart: Axios Visuals

Bogus cryptocurrency investments led to an unprecedented increase in online scams last year, according to new data from the Federal Trade Commission (FTC).

Why it matters: Cryptocurrency is an easy target because while it's surging in popularity, there's still a lot of confusion about how it works.

Tina Reed, author of Vitals
3 hours ago - Health

New clues emerge on long COVID

Illustration: Maura Losch/Axios

The presence of certain autoantibodies or high amounts of coronavirus RNA in the blood could be indicators a patient has a higher chance of developing long COVID, according to a new study in the journal Cell.

  • Other factors include a person having Type 2 diabetes or the reactivation of the Epstein-Barr virus.