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
Ron Knox was featured on The Heartland Labor Forum on KKFI, where he discussed his recent reporting detailing how corporate mergers helped create monopolies that dominate our economies and drive down workers’ wages. … Read More
Senior Research Ron Knox writes in The American Prospect about how decades of unchecked mergers has killed jobs, suppressed wages, and smothered independent businesses. With Lina Khan and DOJ nominee Jonathon Kanter, there is newfound hope to overhaul current merger laws. But Congress must act to end America’s merger free-for-all. … Read More
ILSR’s comments explain why this merger will harm competition, undermine independent office supply businesses, and accelerate Amazon’s dominance of this industry, and why the FTC needs to take a much tougher stance on deals like this.
… Read More
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.
… Read More