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In The Atlantic: Amazon’s Big Secret
Amazon has long cultivated the idea that it runs its shopping platform at razor-thin margins, relying instead on AWS for its profits. In fact, Amazon’s e-commerce marketplace is enormously profitable. In The Atlantic, Stacy Mitchell writes about how Amazon has kept these profits secret – and why the SEC must enforce corporate financial disclosure rules.… Read More
Statement on FTC lawsuit to block Kroger’s acquisition of Albertsons
“Blocking this merger is a crucial step in restoring healthy competition to food retailing,” Stacy Mitchell says in the statement… Read More
Chicago City Council Votes to Rein In Dollar Store Development
Another city is fighting back against dollar chains. The Chicago City Council has voted to enact an ordinance that will limit development of new chain dollar stores. Over 60 other cities and towns have enacted similar ordinances in recent years, but Chicago is the largest city to date to do so.… Read More
In the Chicago Tribune: Why Chicago Needs to Limit Dollar Stores
“Eliminating food deserts requires many solutions. But there is one absolutely essential action: preventing dollar stores from proliferating,” Tulsa City Council Member Vanessa Hall-Harper and ILSR Senior Researcher Kennedy Smith wrote in The Chicago Tribune in support of a proposal to limit dollar stores. … Read More
ILSR Responds to the CFPB’s Proposed Guardrails for Digital Banking
ILSR supports the Consumer Financial Protection Bureau’s proposed “open banking” rule to establish important guardrails for digital banking. But it needs additional provisions to ensure that smaller, relationship-oriented financial institutions can access fair competition.… Read More
Small Business Rising is Moving the Antitrust Debate
The Small Business Rising coalition is playing a pivotal role in the push for stronger antitrust. … Read More
Is Amazon a Monopoly? Documentary Newly Released in the U.S.
Watch the newly released English-language version of a powerful documentary about Amazon’s outsized power, both in the U.S. and abroad. The film, which first aired on German public television, features Stacy Mitchell explaining to viewers how Amazon operates its monopoly machine.… Read More
Statement on FTC and DOJ Finalized 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
On More Perfect Union: How Amazon Broke Online Shopping
This video from More Perfect Union tells the story of why Amazon has become a chaotic jumble of junk ads and questionable products, how that’s connected to the company’s abuse of independent businesses, and why Amazon now faces a major antitrust case. If you’re looking for help explaining the FTC’s lawsuit to your friends, look no further. … Read More
In The Nation: the FTC Lawsuit Against Amazon Is the Biggest Antitrust Fight of Our Time
This lawsuit is a testament to the power of a grassroots coalition determined to check Amazon’s dominance — and a test of whether the federal government has the power, and the political will, to rein in corporate monopoly power, writes Ron Knox in The Nation.… Read More
Community Wins: How Do You Buy Groceries When There’s No Grocery Store? These Communities Figured It Out
From mobile markets to refrigerated food pick-up lockers, communities are exploring innovative new approaches to making sure their residents have convenient, affordable access to healthy food. Check out the latest in our Community Wins series. … Read More
On The Hustle, Kennedy Smith Explains the Bad Economics of Dollar Stores
Kennedy Smith was on The Hustle to spell out why dollar stores are so problematic for our pocketbooks and our communities.… Read More
ILSR Press Event: Sellers and Small Businesses Applaud FTC’s Amazon Lawsuit
Third-party sellers and small business leaders joined the Institute for Local Self-Reliance’s virtual press briefing to applaud the FTC’s antitrust lawsuit against Amazon, hailing the action as a critical step to ending Amazon’s abuses and opening the online market to competition.… Read More
The Federal Antitrust Case Against Amazon: An Explainer
The Federal Trade Commission (FTC) has filed suit against Amazon for monopolizing e-commerce in violation of U.S. antitrust laws. This explainer looks at why the lawsuit was filed and what it seeks to accomplish. … Read More
Media Advisory: Sellers and Small Businesses Applaud FTC’s Amazon Lawsuit
“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