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
“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 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
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 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
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
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
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