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

In Project Syndicate: Is America’s Merger Fever Breaking?

Date: 2 Aug 2023 | posted in: Retail | 0 Facebooktwitterredditmail

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

In the Antitrust Chronicle: Ending Monopolization Via Mergers

Date: 6 Mar 2023 | posted in: Retail | 0 Facebooktwitterredditmail

Ron Knox writes in Competition Policy International that in order to foster a more democratic economy we must strengthen merger guidelines and enforce anti-merger laws, promote anti-merger enforcement in Congress, and educate federal judges about the intent behind anti-merger laws.… Read More

“The beginning of the end of the consumer welfare standard,” Stacy Mitchell Says of Blocked Merger of Penguin Random House and Simon & Schuster

Date: 1 Nov 2022 | posted in: Press Release, Retail | 0 Facebooktwitterredditmail

Mitchell adds in the statement, “It also raises serious questions about whether Amazon’s monopoly power over the book industry will be allowed to stand.”… Read More

“Americans don’t need another mega-grocer.” Stacy Mitchell Responds to Kroger’s Bid to Buy Albertsons

Date: 14 Oct 2022 | posted in: Press Release, Retail | 0 Facebooktwitterredditmail

Mitchell says in the statement, “Kroger and Albertsons would control $1 of every $4 spent on groceries in the US. That’s as big as Walmart, whose power in food has done widespread damage to communities, farmers, food workers, and local grocers.”… Read More

Report: How New Federal Antimerger Guidelines Can Roll Back Corporate Concentration and Build Local Power

Date: 29 Jun 2022 | posted in: Retail | 0 Facebooktwitterredditmail

Earlier this year the Federal Trade Commission and the Department of Justice announced plans to revise their merger guidelines, setting the stage for a new era in antitrust regulation. ILSR’s new report details how new federal antimerger guidelines can restore competition and build local power. … Read More

Anti-Merger Guidelines Would Stop Corporate Concentration, Revive Local Economies — Episode 153 of Building Local Power

Date: 16 Jun 2022 | posted in: Building Local Power | 0 Facebooktwitterredditmail

On this episode of Building Local Power, host Jess Del Fiacco is joined by her colleagues John Farrell, Stacy Mitchell, and Ron Knox, where they discuss the Department of Justice and the Federal Trade Commission’s plan to overhaul their merger guidelines. … Read More