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Article filed under Independent Business | Written by Olivia LaVecchia | No Comments | Updated on Apr 5, 2017

With Healthcare Middlemen Controlling Prescription Drug Prices, There’s a Better Model for Pharmacy Care

The content that follows was originally published on the Institute for Local Self-Reliance website at https://ilsr.org/with-healthcare-middlemen-controlling-prescription-drug-prices-theres-a-better-model-for-pharmacy-care/

There’s a small group of powerful companies, called pharmacy benefit managers, or PBMs, that increasingly controls the prices of prescription drugs. The results of this market power include higher costs, worse outcomes for patients, and diminishing competition. A new article in the American Prospect looks at the problem and what state and federal governments should do about it, including such solutions as North Dakota’s Pharmacy Ownership Law. Continue reading

Photo: Sen. Amy Klobuchar delivering a speech on antitrust.
Featured Article filed under Independent Business | Written by Olivia LaVecchia | No Comments | Updated on Apr 4, 2017

Anticompetitive Conditions Are Impacting Independent Businesses, Says Letter to Sen. Klobuchar

The content that follows was originally published on the Institute for Local Self-Reliance website at https://ilsr.org/anticompetitive-conditions-are-impacting-independent-businesses-says-letter-to-sen-klobuchar/

In today’s highly concentrated markets, the ability of dominant companies to exclude and impede businesses from competing has become one of the most pressing issues facing independent businesses. On the heels of a recent speech about the need for more vigorous antitrust enforcement by Sen. Amy Klobuchar, Advocates for Independent Business (AIB) has sent Sen. Klobuchar a letter commending her call for action and sharing information about the experiences of AIB’s member businesses. Continue reading

Article filed under Independent Business | Written by ILSR Admin | No Comments | Updated on Feb 2, 2017

ILSR’s Stacy Mitchell Speaks with The Capitol Forum about Amazon’s Economic Effects

The content that follows was originally published on the Institute for Local Self-Reliance website at https://ilsr.org/stacy-mitchell-speaks-with-the-capitol-forum-about-amazon/

ILSR’s Stacy Mitchell recently spoke about the economic impacts of Amazon in a conference call with editors and subscribers of The Capitol Forum, a news and analysis service for policymakers and others involved with issues of market competition. Here are some highlights from the conversation. Continue reading

Featured Article filed under Energy, Energy Self-Reliant States | Written by Karlee Weinmann | No Comments | Updated on Dec 20, 2016

Dear Santa…ILSR’s Federal Energy Policy Wish List

The content that follows was originally published on the Institute for Local Self-Reliance website at https://ilsr.org/dear-santa-wish-list/

A new administration critical of clean energy imposes vast uncertainty on a U.S. energy sector that in recent years has tiptoed toward greater local control and increased renewable energy generation. This year, our federal policy wish list includes a series of items that would keep up the trend and deliver economic benefits to communities nationwide…. Continue reading

Featured Article, Report, Resource filed under Independent Business | Written by Olivia LaVecchia | No Comments | Updated on Nov 29, 2016

Report: How Amazon’s Tightening Grip on the Economy Is Stifling Competition, Eroding Jobs, and Threatening Communities

The content that follows was originally published on the Institute for Local Self-Reliance website at https://ilsr.org/amazon-stranglehold/

Amazon has quietly positioned itself at the center of a growing share of our daily activities and transactions, extending its tentacles across our economy, and with it, our lives. In this new report, we pull back the curtain on the company, and find that it’s at the center of increasing inequality and diminishing opportunity, and that it’s concentrating power in ways that endanger competition, community life, and democracy. We also examine how public policy should address Amazon’s high costs. Continue reading

ILSR Press Room filed under Independent Business | Written by Nick Stumo-Langer | No Comments | Updated on Oct 3, 2016

Statement on Clinton’s Call for Stronger Antitrust to Protect Small Business

The content that follows was originally published on the Institute for Local Self-Reliance website at https://ilsr.org/statement-on-clintons-call-for-stronger-antitrust-to-protect-small-business/

Stacy Mitchell, co-director of the Institute for Local Self-Reliance and author of Monopoly Power and the Decline of Small Business: The Case for Restoring America’s Once Robust Antitrust Policies, issued the following statement today in response to Hillary Clinton’s economic policy speech in Ohio, in which she discussed growing corporate concentration and its impact on small business, and called for stronger antitrust measures: Continue reading

Monopoly Report: Cover Image
Featured Article, Report, Resource filed under Independent Business | Written by Stacy Mitchell | No Comments | Updated on Aug 10, 2016

Monopoly Power and the Decline of Small Business: The Case for Restoring America’s Once Robust Antitrust Policies

The content that follows was originally published on the Institute for Local Self-Reliance website at https://ilsr.org/monopoly-power-and-the-decline-of-small-business/

The United States is much less a nation of entrepreneurs than it was a generation ago. This report suggests that the decline of small businesses is owed, at least in part, to anticompetitive behavior by large, dominant corporations. Drawing on examples in pharmacy, banking, telecommunications, and retail, it finds that big companies routinely use their size and their economic and political power to undermine their smaller rivals and exclude them from markets. This report presents three compelling reasons to bring a commitment to fair and open markets for small businesses back into antitrust enforcement and public policy, and concludes by outlining several specific steps to revive competition and small business. Continue reading

Photo: A U.S. flag with corporate logos.
Article filed under Independent Business | Written by Stacy Mitchell | No Comments | Updated on Aug 4, 2016

After Three Decades of Neglect, Antitrust Is Back on the Democratic Platform

The content that follows was originally published on the Institute for Local Self-Reliance website at https://ilsr.org/after-three-decades-of-neglect-antitrust-is-back-on-the-democratic-platform/

For the first time in 28 years, the Democratic Party platform calls for vigorous, stepped-up enforcement of our anti-monopoly laws. This remarkable shift in policy was made possible in part by the Bernie Sanders movement, but it’s also the product of years of advocacy by scholars and activists who believe that high levels of concentration in banking, retail, agribusiness and other sectors are ravaging our economy and democracy. Continue reading

Featured Article, ILSR Press Room, Report, Resource filed under Independent Business | Written by Olivia LaVecchia | No Comments | Updated on Feb 10, 2016

Independent Businesses Report Growing Sales and Hiring, but Policies Tilted in Favor of Large Companies Hold Them Back

The content that follows was originally published on the Institute for Local Self-Reliance website at https://ilsr.org/2016-independent-business-survey/

The 2016 Independent Business Survey finds that independent businesses experienced brisk sales and a sharp increase in hiring in 2015, but that biased policies and other obstacles are limiting their success. Continue reading

Photo: Two beer glasses.
Featured Article filed under Independent Business | Written by Olivia LaVecchia | 1 Comment | Updated on Nov 23, 2015

With New Wave of Mega-Mergers, the Big Aim to Get Bigger

The content that follows was originally published on the Institute for Local Self-Reliance website at https://ilsr.org/new-wave-of-mega-mergers-means-the-big-get-bigger/

A recent agreement between two beer conglomerates will turn them into a single company with control over nearly 30 percent of the global beer market and 70 percent of the U.S. market — and it’s just one deal in a recent spate of mega-mergers that’s set to make 2015 a record year for mergers and acquisitions. While much of this concentration is invisible to most of us, its effects ripple throughout all areas of the economy. Continue reading