“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
“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
ILSR submitted an in-depth comment letter applauding the FTC and DOJ for the significant changes contained in the agencies’ Draft Merger Guidelines and suggesting ways the agencies should amend their draft guidelines to better discern and block harmful mergers, promote a decentralized economy, safeguard American liberty, and fulfill the aims of the antitrust laws enacted by Congress.… Read More
Stacy Mitchell explains why this pivotal moment in antitrust can last beyond its current leaders at our enforcement agencies. Her piece is part of a series of two dozen essays on the state of the U.S. revolution in antitrust, published by The Journal of Antitrust Enforcement.… Read More
The Biden Administration’s proposed merger guidelines represent a significant shift in policy from the current guidelines. If implemented, the guidelines would help stop harmful mergers that concentrate power in too few hands. Our new explainer breaks down the basics of the new merger guidelines and explains how they could reshape merger enforcement, the economy, and our democracy.… Read More
A major shift is afoot in the federal government’s stance on big business. The US Justice Department and Federal Trade Commission’s draft merger guidelines represent a major break with the neoliberal assumptions that have underpinned US antitrust enforcement for the last 40 years. In the Project Syndicate, Stacy Mitchell and Ron Know write how the draft guidelines, if adopted, would stop runaway corporate consolidation, rebuild local economies, and help preserve US democracy.… Read More
“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
Mitchell goes on to highlight that last year, Amazon exploited its chokehold of the online retail sector by extracting more than $155 billion in fees from Amazon marketplace sellers, calling it, “an extraordinary measure of its monopoly power.”… Read More
Mitchell points to Amazon’s ability to bully and exploit other businesses through its integration across business lines as an example of why the bill is such “an important piece of legislation.”… Read More
