WASHINGTON, DC — As pressure for anti-monopoly regulation ramps up in Washington and across the country, independent business owners held a virtual roundtable with Rep. David Cicilline, Zephyr Teachout, and other small business and antitrust experts to explain how Amazon’s growing dominance has hurt their businesses and what actions they’d like to see from the new Congress to curb the power of Amazon and other monopolies.
The pandemic exposed and supercharged the power of major corporations at the expense of small businesses. Now, for the first time in decades, passing new anti-monopoly laws is shaping up to be a key priority for federal policymakers in 2021. The roundtable event, “Reining in Monopoly Power: Small Businesses and the Push to Strengthen Antitrust Laws,” included a keynote address from Rep. Cicilline, as well as moderated conversations with small business owners.
The webinar took place on February 22 and was co-hosted by 15+ national and local independent business associations and organizations and moderated by the Institute for Local Self-Reliance.
Participants in the roundtable included:
Rep. David Cicilline, House Antitrust Subcommittee Chair
Zephyr Teachout, Fordham University Law Professor and Author
Stacy Mitchell, Co-Director of the Institute for Local Self-Reliance and a leading national expert on monopoly power and small independent businesses
Mike Tucker, President & CEO, Independent Office Products & Furniture Dealers Association
Derek Peebles, Executive Director, American Independent Business Alliance
Dana Eness, Executive Director, StayLocal
Dan Cullen, Senior Strategy Officer, American Booksellers Association
Amazon has long been criticized for using its dominance of the marketplace to bully and undercut small independent retailers. Last October, the House Subcommittee on Antitrust, Commercial and Administrative Law, led by Rep. David Cicilline, published the findings of an extensive investigation of market concentration. The report concludes that dominant firms like Amazon are abusing their market power and calls for new legislation to update and strengthen the antitrust laws.
Small businesses have a critical role to play in a healthy economy and democracy, shaping this agenda and ensuring that anti-monopoly policies are a central part of Congress’s economic recovery strategy.
American Booksellers Association
American Independent Business Alliance
American Speciality Toy Retailing Association
Austin Independent Business Alliance
Cambridge Local First
Independent Office Products & Furniture Dealers Association
Institute for Local Self-Reliance
Local First Arizona
Local First La Plata
Louisville Independent Business Alliance
Lowcountry Local First
Main Street Alliance
National Grocers Association
Portland Independent Business & Community Alliance
Running Industry Association
Spokane Independent Metro Business Alliance