“Trustbusting Is Making a Comeback”: Stacy Mitchell’s Keynote at the National Rural Grocery Summit:

Date: 22 Jun 2022 | posted in: Retail | 0 Facebooktwitterredditmail

ILSR Co-Director Stacy Mitchell gave a barnburner keynote address at the National Rural Grocery Summit, where she detailed how monopolistic corporations are squeezing independent businesses and farmers out of the market — and the antimonopoly comeback that is fighting to resurrect our antitrust laws.… Read More

ILSR Calls for New Merger Standards to Halt Concentration, Revive Local Economies

Date: 27 Apr 2022 | posted in: Retail | 0 Facebooktwitterredditmail

In 1982, the two agencies charged with overseeing America’s antimonopoly laws — the Department of Justice and the Federal Trade Commission — radically weakened their policy governing mergers. Now the agencies are embarking on an overhaul of that policy. In this comment letter, ILSR details how current enforcement policy deviates from the anti-merger laws passed by Congress, describes the consequences, and outlines as set of recommendations for updating the policy to stop concentration and revive local economies. … Read More

Congressional Testimony: How Concentrated Corporate Power Undermines Shared Prosperity

Date: 14 Jul 2021 | posted in: Retail | 0 Facebooktwitterredditmail

ILSR Co-Director Stacy Mitchell testified before the U.S. Congress Joint Economic Committee on Wednesday, July 14th. She spoke about how the U.S. has abandoned its antimonopoly policies, which has undermined independent businesses and the vital role they play in our economy and democracy.… Read More

Sen. Klobuchar Calls for Breakups in Town Hall Co-Hosted by Small Business Rising

Date: 17 Jun 2021 | posted in: Retail | 0 Facebooktwitterredditmail

“Unless you force some divestiture of assets, [monopolies are] going to just keep going the way they are… Yes, breakup[s have] to be on the table when it comes to these companies,” Senator Klobuchar at a town hall event co-hosted by Small Business Rising. … Read More

Senate Testimony: Concentration is at the Root of Rural Distress

Date: 27 Apr 2021 | posted in: Banking, Retail | 0 Facebooktwitterredditmail

The Senate Committee on Banking, Housing, and Urban Affairs invited Co-Director Stacy Mitchell to testify at its April 20th hearing on the state of the rural economy. Stacy spoke on why rural America is in crisis and attributed the widening gap between struggling rural towns and coastal supercities to the concentration of corporate and financial power.… Read More

Our Antimonopoly Town Hall Draws Nearly 400 Small Businesses

Date: 25 Feb 2021 | posted in: Retail | 0 Facebooktwitterredditmail

Nearly 400 people tuned into our lively town hall on February 22nd, which detailed how Amazon’s growing dominance hurts independent businesses and what Congress must do to curb monopoly power. The event featured Congressman David Cicilline, along with leading antitrust experts and small business advocates. … Read More

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