New Research: Amazon’s Monopoly Tollbooth in 2023

Date: 21 Sep 2023 | posted in: Retail | 0 Facebooktwitterredditmail

The steep and rapidly growing fees Amazon extracts from the businesses that have little choice but to rely on its site to reach customers are a striking measure of its monopoly power. These exorbitant fees are crushing many sellers, raising consumer prices, and funding Amazon’s expanding empire.… Read More

ILSR Submits Comments to Strengthen Proposed Merger Guidelines

Date: 19 Sep 2023 | posted in: Retail | 0 Facebooktwitterredditmail

ILSR submitted an in-depth comment letter applauding the FTC and DOJ for the significant changes contained in the agencies’ Draft Merger Guidelines and suggesting ways the agencies should amend their draft guidelines to better discern and block harmful mergers, promote a decentralized economy, safeguard American liberty, and fulfill the aims of the antitrust laws enacted by Congress.… Read More

Why the Antitrust Revolution is Likely To Last

Date: 7 Sep 2023 | posted in: agriculture, Retail | 0 Facebooktwitterredditmail

Stacy Mitchell explains why this pivotal moment in antitrust can last beyond its current leaders at our enforcement agencies. Her piece is part of a series of two dozen essays on the state of the U.S. revolution in antitrust, published by The Journal of Antitrust Enforcement.… Read More

The Biden Administration’s Proposed Merger Guidelines: An Explainer

Date: 10 Aug 2023 | posted in: Retail | 0 Facebooktwitterredditmail

The Biden Administration’s proposed merger guidelines represent a significant shift in policy from the current guidelines. If implemented, the guidelines would help stop harmful mergers that concentrate power in too few hands. Our new explainer breaks down the basics of the new merger guidelines and explains how they could reshape merger enforcement, the economy, and our democracy.… Read More

In Project Syndicate: Is America’s Merger Fever Breaking?

Date: 2 Aug 2023 | posted in: Retail | 0 Facebooktwitterredditmail

A major shift is afoot in the federal government’s stance on big business. The US Justice Department and Federal Trade Commission’s draft merger guidelines represent a major break with the neoliberal assumptions that have underpinned US antitrust enforcement for the last 40 years. In the Project Syndicate, Stacy Mitchell and Ron Know write how the draft guidelines, if adopted, would stop runaway corporate consolidation, rebuild local economies, and help preserve US democracy.… Read More

Amazon’s Tight Grip on Cloud Computing Poses Multiple Threats. ILSR Urges FTC Action.

Date: 29 Jun 2023 | posted in: Retail | 0 Facebooktwitterredditmail

In a letter to the Federal Trade Commission, ILSR warned that control over cloud computing, the backbone of the modern economy, is dangerously concentrated. Amazon Web Services (AWS), which controls more than 40 percent of global cloud infrastructure, has exploited its position to lock-in customers, shut out rivals, and reap unfair advantages in its other non-cloud business lines. ILSR urges the FTC to use its authorities to open the market to needed competition.… Read More

On the Capitol Forum Podcast: Food Deserts, Rising Prices, and Antitrust

Date: 27 Jun 2023 | posted in: Retail | 0 Facebooktwitterredditmail

Inflation in the grocery sector is a cover story for monopoly power, Stacy Mitchell explains on the Capitol Forum podcast. The real cost of groceries can be traced to Walmart’s predatory tactics and failed antitrust enforcement. … Read More

“[FTC] lawsuit reveals Amazon’s utter contempt for its customers,” says Stacy Mitchell in Statement on Amazon Prime Lawsuit

Date: 21 Jun 2023 | posted in: Press Release, Retail | 0 Facebooktwitterredditmail

Mitchell goes on to highlight that last year, Amazon exploited its chokehold of the online retail sector by extracting more than $155 billion in fees from Amazon marketplace sellers, calling it, “an extraordinary measure of its monopoly power.”… Read More

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