ILSR Responds to the CFPB’s Proposed Guardrails for Digital Banking

Date: 24 Jan 2024 | posted in: Retail | 0 Facebooktwitterredditmail

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

ILSR Submits Comments to Strengthen Proposed Merger Guidelines

Date: 19 Sep 2023 | posted in: Retail | 0 Facebooktwitterredditmail

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

The Biden Administration’s Proposed Merger Guidelines: An Explainer

Date: 10 Aug 2023 | posted in: Retail | 0 Facebooktwitterredditmail

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

Amazon’s Tight Grip on Cloud Computing Poses Multiple Threats. ILSR Urges FTC Action.

Date: 29 Jun 2023 | posted in: Retail | 0 Facebooktwitterredditmail

In a letter to the Federal Trade Commission, ILSR warned that control over cloud computing, the backbone of the modern economy, is dangerously concentrated. Amazon Web Services (AWS), which controls more than 40 percent of global cloud infrastructure, has exploited its position to lock-in customers, shut out rivals, and reap unfair advantages in its other non-cloud business lines. ILSR urges the FTC to use its authorities to open the market to needed competition.… Read More

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