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Statement from Institute for Local Self-Reliance on Antitrust Legislation Unveiled in the U.S. Senate Today
The following statement was issued by the Institute for Local Self-Reliance, in response to legislation released today in the United States Senate aimed at addressing the concentrated corporate power of the Big Tech companies. … Read More
Listen: Big Music Should Be On The Antitrust Agenda
Ron Knox joined WVON’s The Morning Show to jam about monopoly power in the music industry, which is preventing independent streaming platforms from competing and hurting artists.… Read More
In The New York Times: Dollar Stores Hit a Pandemic Downturn
Today’s New York Times features a front-page story on the worsening plight of dollar stores, and on the often negative impacts the major dollar store chains have on workers and local economies (“‘Everything Going the Wrong Way’: Dollar Stores Hit a Pandemic Downturn”). … Read More
Statement from the Institute for Local Self-Reliance on Today’s Reintroduction of the Bank Merger Review Modernization Act
The following statement was issued by Stacy Mitchell, co-director of the Institute for Local Self-Reliance, in response to legislation reintroduced today by Senator Elizabeth Warren (D-Mass.) and Representative Jesús “Chuy” García (D-Ill.) that would ensure greater regulatory scrutiny of mergers in the banking and financial services sector. … Read More
Watch: New Wave of Federal Recovery Funds Can Rebuild Main Street
At the Future Cities conference, ILSR Senior Researcher Kennedy Smith moderated a panel discussion about how cities can leverage federal recovery funds to revitalize their commercial districts, create more small businesses, and reduce racial and economic inequality.… Read More
Statement Regarding D.C. Attorney General Racine’s Amended Antitrust Complaint Against Amazon
This statement was issued by ILSR Co-Director Stacy Mitchell in response to new amendments to an antitrust complaint filed against Amazon by D.C. Attorney General Karl A. Racine.… Read More
Main Street’s Missing Ingredient: Small Scale Manufacturing — Episode 133 of Building Local Power
Host Jess Del Fiacco, ILSR Co-Director Stacy Mitchell, and Senior Researcher Kennedy Smith are joined by Ilana Preuss, the founder of Recast City, a firm that works with city officials and local leaders to integrate space for small manufacturers into placed-based development projects.… Read More
Hardware Group Says Big Tech Bills are an Urgent Opportunity for Small Businesses
Co-Director Stacy Mitchell joined Dan Tratensek — of the North American Hardware and Paint Association on the association’s podcast — about how incredible the current moment is for small business, both in Washington and at the local level. We have come far, but the next few months are critical for moving the House’s historic antitrust legislation to break up and regulate Amazon. Join us and get involved with Small Business Rising.… Read More
In Governing: New Opportunities for Cities to Create Affordable Space for Small Business
Small businesses need affordable commercial space more than ever. Federal stimulus funds offer the chance for local governments to help fill that need. In Governing, ILSR Senior Researcher Kennedy Smith and Ryan Coonerty discuss this new opportunity for cities and towns to foster a built environment that supports local economies.… Read More
Biden’s Executive Order Takes Aim at Monopoly Power on Behalf of Small Businesses, Farmers, and Workers
President Biden just signed a sweeping Executive Order aimed at undoing concentrated corporate control and ending decades of consolidation throughout our economy. The order’s provisions reflect many of the specific issues and priorities that ILSR has been working to advance. See our write-up on the details of this historic move. … Read More
In The Hill: Small Businesses Fight for a Voice in Washington
Small businesses are fighting back against outsized corporate power and making their voices heard in Washington.… Read More
Congressional Testimony: How Concentrated Corporate Power Undermines Shared Prosperity
ILSR Co-Director Stacy Mitchell testified before the U.S. Congress Joint Economic Committee on Wednesday, July 14th. She spoke about how the U.S. has abandoned its antimonopoly policies, which has undermined independent businesses and the vital role they play in our economy and democracy.… Read More
Statement: Biden Repudiates Decades of Pro-Monopoly Policies and Takes a Major Step Toward Restoring Fair Markets for Small Businesses, Farmers, and Workers
In today’s speech and executive order, President Biden forcefully rebuked the destructive antitrust framework that has allowed monopoly power to grow unchecked for more than 40 years. The order includes more than 70 specific provisions, many of which reflect ILSR’s long-standing work and priorities. It marks a major turning point. … Read More
In The Washington Post: How Washington Got Back Into Trustbusting
We are at a pivotal moment in the antimonopoly movement. Lina Khan was recently named FTC chair and a Congressional committee is sending to the House floor six antitrust bills that strike at the heart of Big Tech’s predatory power. After decades of a misguided approach to antitrust policy, Washington has a new antimonopoly fervor, writes Senior Researcher Ron Knox in The Washington Post.… Read More
Statement on the House Judiciary Committee’s Vote Approving Legislation to Break Up and Rein In Big Tech
“There’s no doubt in my mind that American democracy will ultimately prevail over the outsized power of Big Tech,” said ILSR Co-Director Stacy Mitchell. “Today’s bipartisan vote was a clear sign of the gathering momentum to break up Amazon and the other tech giants.”… Read More