On Friday, ILSR’s Stacy Mitchell joined members of Congress and other policy experts for a briefing on Capitol Hill in Washington, D.C., “The Impact of Dominant Internet Platforms on Competition, Innovation, and Democracy.” The briefing, which was held by the House Judiciary Committee Democrats and the Congressional Progressive Caucus, comes as there is increasing concern about the size and power of large tech companies, including Amazon. Continue reading
Viewing the fair and open markets tag archive
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
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
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