ILSR Organizes Roundtable with Rep. Cicilline, Small Biz Owners and Antitrust Experts on Curbing Monopolies

Date: 22 Feb 2021 | posted in: Press Release | 0 Facebooktwitterredditmail

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.

Event Co-Sponsors:

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

StayLocal

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Virgil McDill

Virgil McDill is the Communications Director at ILSR. He has more than 20 years of experience developing and executing media campaigns for government and non-profit organizations.