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Photo: President Franklin D. Roosevelt.
Featured Article, ILSR Press Room filed under Independent Business | Written by Stacy Mitchell | No Comments | Updated on Jun 20, 2017

The Rise and Fall of the Word ‘Monopoly’ in American Life

The content that follows was originally published on the Institute for Local Self-Reliance website at https://ilsr.org/the-rise-and-fall-of-the-word-monopoly-in-american-life/

If “monopoly” sounds like a word from another era, that’s because, until recently, it was. The term was reliably used through the middle of the 20th century in newspaper headlines and State of the Union addresses alike, but starting in the 1970s, it began to retreat from public consciousness. The story of why carries lessons for how an economic policy’s effectiveness can be its own undoing — and about how people are thinking about corporate power today. Because monopoly is back.

In this piece for The Atlantic, ILSR’s Stacy Mitchell looks at the history of the anti-monopoly movement in the U.S., and how today, as economic concentration soars, monopoly could again be just the word we need. Continue reading

Monopoly Report: Cover Image
Featured Article filed under Independent Business | Written by Nick Stumo-Langer | No Comments | Updated on Jun 12, 2017

ILSR Report on “Monopoly Power and the Decline Small Business” Receives Award for Antitrust Scholarship

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

A report published by ILSR is recognized as “Best Antitrust and Small Business Article” as part of the annual Jerry S. Cohen Award for Antitrust Scholarship. 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

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