Statement on Proposed New Merger Guidelines
“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
“[FTC] lawsuit reveals Amazon’s utter contempt for its customers,” says Stacy Mitchell in Statement on Amazon Prime Lawsuit
Mitchell goes on to highlight that last year, Amazon exploited its chokehold of the online retail sector by extracting more than $155 billion in fees from Amazon marketplace sellers, calling it, “an extraordinary measure of its monopoly power.”… Read More
“We are dismayed that Congress has yet to enact even these basic and obvious safeguards,” says Stacy Mitchell in statement on the reintroduction of the American Innovation and Choice Online Act
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
“Antitrust enforcers are again embracing their responsibility,” Stacy Mitchell Says of DOJ Lawsuit Against Google in Online Ads Market
Mitchell proclaims in the statement, “Google actively extracts resources from communities that need them most and threatens a free, local press that lies at the heart of our democracy.”… Read More
“The beginning of the end of the consumer welfare standard,” Stacy Mitchell Says of Blocked Merger of Penguin Random House and Simon & Schuster
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
“Americans don’t need another mega-grocer.” Stacy Mitchell Responds to Kroger’s Bid to Buy Albertsons
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
Statement on FTC Commissioner Bedoya’s Call for Fairness to be Main Goal of Antitrust Enforcement
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
Statement: Stacy Mitchell Comments on Amazon’s Announcement to Buy One Medical
Today, Amazon announced that it would buy One Medical, an acquisition would completely transform the healthcare industry giving Amazon easy access to private healthcare data. Stacy Mitchell commented on the announcement. … Read More
Statement on the One-Year Anniversary of President Biden’s Executive Order Promoting Competition
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