Statement on Proposed New Merger Guidelines
“This draft heralds a long overdue end to the dangerous and destructive approach of the last four decades,” Stacy Mitchell, ILSR Co-Executive Director, says in the statement.… Read More
Amazon’s Tight Grip on Cloud Computing Poses Multiple Threats. ILSR Urges FTC Action.
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
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
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
“We are dismayed that Congress has yet to enact even these basic and obvious safeguards,” says Stacy Mitchell in statement on the reintroduction of the American Innovation and Choice Online Act
Mitchell points to Amazon’s ability to bully and exploit other businesses through its integration across business lines as an example of why the bill is such “an important piece of legislation.”… Read More
In the New York Times: The Real Reason Your Groceries Are Getting So Expensive
As big retailers exploit their financial control over suppliers, independent grocers face extinction, creating food deserts and driving up prices for everyone. In the New York Times, Stacy Mitchell calls to resurrect the Robinson-Patman Act and restore fair competition in the warped landscape of the American food system.… Read More
Watch: Stacy Mitchell’s Keynote on Monopoly at the Maine Center for Economic Policy’s Annual Conference
In an hour-long conversation with Arthur Phillips of MECEP, Stacy Mitchell talked about how concentrated corporate power has impacted Maine communities and what state leaders can do about it.… Read More
Report: Tax Dodging is a Monopoly Tactic
Local and federal policymakers have systematically structured tax policy in a way that deepens the concentration of corporate power, Stacy Mitchell and Susan Holmberg argue in this issue brief, co-published with the Roosevelt Institute.… Read More
On Columbus Radio: Stacy Mitchell Discusses the Problem of Dollar Stores
On the local NPR affiliate, Stacy explains how dollar stores prey on communities. … Read More