ILSR co-hosted a virtual press event alongside consumer advocates, antimonopoly reformers, and small businesses urging Congress to pass the Credit Card Competition Act. … Read More
ILSR submitted an in-depth comment letter applauding the FTC and DOJ for the significant changes contained in the agencies’ Draft Merger Guidelines and suggesting ways the agencies should amend their draft guidelines to better discern and block harmful mergers, promote a decentralized economy, safeguard American liberty, and fulfill the aims of the antitrust laws enacted by Congress.… 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
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
