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 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
A new report endorsed by state legislators highlights the urgency of the 21st Century Antitrust Act for New York small businesses.
As high inflation rages on, dominant corporations threaten the ability for New York small businesses to compete. Legislature can reverse this 40-year trend by passing the 21st Century Antitrust Act. … Read More
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
“By establishing clear rules to stop dominant corporations from abusing their power, this legislation will safeguard democracy and create new vitality in struggling rural and urban areas alike,” said ILSR’s Stacy Mitchell.… Read More
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
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