Statement on FTC’s Amazon Lawsuit
“This draft heralds a long overdue end to the dangerous and destructive approach of the last four decades,” Stacy Mitchell, ILSR Co-Executive Director, says in the statement.… Read More
“This draft heralds a long overdue end to the dangerous and destructive approach of the last four decades,” Stacy Mitchell, ILSR Co-Executive Director, says in the statement.… Read More
Mitchell points to Amazon’s ability to bully and exploit other businesses through its integration across business lines as an example of why the bill is such “an important piece of legislation.”… Read More
Mitchell adds in the statement, “It also raises serious questions about whether Amazon’s monopoly power over the book industry will be allowed to stand.”… Read More
Mitchell says in the statement, “Kroger and Albertsons would control $1 of every $4 spent on groceries in the US. That’s as big as Walmart, whose power in food has done widespread damage to communities, farmers, food workers, and local grocers.”… Read More
Commissioner Bedoya made a powerful case that the guiding aim of antitrust should be fairness, including fairness for small businesses. This would represent a fundamental shift for the agency, which has long allowed misguided ideas about “efficiency” to trump fairness. … Read More
A year ago this week President Biden “sharply repudiated 40 years of federal policy that favored bigness and overlooked the harm monopoly power can inflict on working people, small businesses, and communities.”… Read More
In a statement, ILSR’s Co-director Stacy Mitchell responded to the New York Senate’s passage of the 21st Century Antitrust Act. “The New York Senate’s passage of the 21st Century Antitrust Act is a win for New York’s small businesses, working people, and communities. For too long, dominant corporations have been allowed to corner markets and rig the game in their own favor.”… Read More
Alvaro Bedoya brings to the FTC deep expertise in the ways that monopolies in sectors like food, pharmacy, and tech are harming Americans and sapping the resiliency out of our economy and democracy.… Read More
We welcome the legislation introduced today by Senator Warren and Representative Jones, as a long-overdue step toward a more equitable and dynamic economy. … Read More