Report: Amazon’s Toll Road

Date: 1 Dec 2021 | posted in: Retail | 0 Facebooktwitterredditmail

Amazon is exploiting its position as a gatekeeper to impose steep and growing fees on the small businesses that must rely on its site to reach the online market, our new report finds. Even as these exorbitant fees bankrupt sellers, they are generating huge profits for Amazon, a fact that the tech giant conceals in its financial reports. These profits are not only the spoils of Amazon’s monopoly power. They are the essential fuel that feeds its market-domination strategies.… Read More

Congressional Testimony: How Concentrated Corporate Power Undermines Shared Prosperity

Date: 14 Jul 2021 | posted in: Retail | 0 Facebooktwitterredditmail

ILSR Co-Director Stacy Mitchell testified before the U.S. Congress Joint Economic Committee on Wednesday, July 14th. She spoke about how the U.S. has abandoned its antimonopoly policies, which has undermined independent businesses and the vital role they play in our economy and democracy.… Read More

Statement: Biden Repudiates Decades of Pro-Monopoly Policies and Takes a Major Step Toward Restoring Fair Markets for Small Businesses, Farmers, and Workers

Date: 9 Jul 2021 | posted in: Press Release, Retail | 0 Facebooktwitterredditmail

Biden’s executive order marks a major turning point in the fight to check monopoly power. It includes more than 70 specific provisions, many of which reflect ILSR’s long-standing work and priorities. … Read More

Statement on the House Judiciary Committee’s Vote Approving Legislation to Break Up and Rein In Big Tech

Date: 24 Jun 2021 | posted in: Press Release, Retail | 0 Facebooktwitterredditmail

“There’s no doubt in my mind that American democracy will ultimately prevail over the outsized power of Big Tech,” said ILSR Co-Director Stacy Mitchell. “Today’s bipartisan vote was a clear sign of the gathering momentum to break up Amazon and the other tech giants.”… Read More

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