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
Rampant market power abuse is endangering the economic dynamism that New York small businesses generate. State lawmakers have an opportunity to level the playing field.… 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
In a comment letter to the Consumer Finance Protection Bureau, ILSR raised several areas of concern that the agency should examine as part of its inquiry Into Big Tech payment platforms.… 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
Together with more than 20 independent business organizations representing over 60,000 independent businesses across the country, we have officially launched Small Business Rising. It is a coalition of business owners and entrepreneurs from all corners of the country united around a common goal: breaking up monopoly power to safeguard the right of small businesses to compete and serve the needs of their communities.… Read More
ILSR and Small Business Rising coalition members, representing over 130,000 businesses across the country, submitted letters to the Senate Committee on Commerce, Science, and Transportation supporting Lina Khan’s nomination to the Federal Trade Commission (FTC). Both letters urge Chair Cantwell and Ranking Member Wicker to lead the members of the committee in a swift confirmation process. … Read More
