The FTC is Approving a Merger that Will Help Staples and Amazon Cripple Independent Businesses

Date: 26 Feb 2019 | posted in: Retail | 0 Facebooktwitterredditmail

The FTC recently gave Staples the green light to buy one of the two wholesalers that sell to independent office supply dealers. The decision hardly made a blip in the news cycle. But it sheds enormous insight into the origins of the big-get-bigger U.S. economy.
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ILSR Joins 4Competition Coalition to Oppose Sprint and T-Mobile Merger

Date: 13 Feb 2019 | posted in: MuniNetworks | 0 Facebooktwitterredditmail

Losing a mobile Internet access provider as an option is bad, but it isn’t the only consequence that we face if the Sprint and T-Mobile Merger goes through. There will likely be job losses, higher rates, locking out new entrants to the market, broken promises regarding 5G, and harm especially to people in rural areas.… Read More

Mergers and Monopoly: How Concentration Changes the Electricity Business

Date: 31 Oct 2017 | posted in: Energy, Energy Self Reliant States | 0 Facebooktwitterredditmail

A wave of consolidation has swept across the U.S. economy over the past decade, reshaping already-powerful corporations into financial and political powerhouses. The trend has taken particular hold among electric utilities, a sector where monopoly reigns virtually unchecked.

Consolidated, investor-owned utilities now have service territories that span several states and include millions of customers. They say gobbling competitors delivers operational efficiencies and cost savings. But who sees the benefits? And what are the unspoken costs?

This report explains how concentration of power in monopoly utilities delivers fewer customer benefits than alleged, and how the unmentioned costs of concentrating power in a few firms undermines protection of the public interest.… Read More

Watch: Don’t Take the Bait – Exelon’s Feeding Frenzy Won’t Stop with Pepco

Date: 17 Dec 2015 | posted in: Energy, Energy Self Reliant States | 0 Facebooktwitterredditmail

Exelon, a monopoly electric utility and the nation’s largest nuclear power generator, made a $6.8 billion offer to purchase Pepco, Washington D.C.’s electric utility in April of 2014. Since then, they have swarmed across Pepco’s service area, getting the approval of federal regulators, … Read More