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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
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
Our new fact sheet explains how credit card monopolies and banks are imposing swipe fees — what is essentially a monopoly tax — to rake in profit at the expense of small business and consumers. Congress must take action. … Read More
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
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
This virtual event featured Federal Trade Commissioner Alvaro Bedoya alongside community leaders, independent grocers, and advocates—to examine the ways these dominant retailers exert their power, how community leaders are fighting back, and what federal leaders must do to cultivate fairness in our food system.
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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
Our tax system used to serve as a check on corporate power. Now it fuels market concentration and undermines the ability of small businesses to compete, Susan Holmberg and Niko Lusiani explain in ProMarket. … Read More
“It’s time to revisit and reimagine the proactive role tax policy can have in enabling fair competition, tackling concentrated markets and in turn driving productivity and innovation, lowering prices, and fueling more and better jobs,” says Susan Holmberg, a co-author of the report.… Read More
