Congressional Testimony: How Concentrated Corporate Power Undermines Shared Prosperity

Date: 14 Jul 2021 | posted in: Retail | 0 Facebooktwitterredditmail

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

In The New York Times: How a Labor & Small Business Alliance Could Rebuild the Middle Class

Date: 18 Jun 2021 | posted in: Retail | 0 Facebooktwitterredditmail

Labor and small business were once natural allies in a New Deal coalition that backed muscular policies to limit corporate power and build a thriving middle class. A growing antimonopoly movement is rekindling this alliance, writes Stacy Mitchell in The New York Times.… Read More

Sen. Klobuchar Calls for Breakups in Town Hall Co-Hosted by Small Business Rising

Date: 17 Jun 2021 | posted in: Retail | 0 Facebooktwitterredditmail

“Unless you force some divestiture of assets, [monopolies are] going to just keep going the way they are… Yes, breakup[s have] to be on the table when it comes to these companies,” Senator Klobuchar at a town hall event co-hosted by Small Business Rising. She was responding to a question posed by an independent bookstore owner in Minneapolis.… Read More

Fact Sheet: How Amazon Exploits and Undermines Small Businesses, and Why Breaking It Up Would Revive American Entrepreneurship

Date: 16 Jun 2021 | posted in: Retail | 0 Facebooktwitterredditmail

In splashy campaigns and lobbying at the Capitol, Amazon claims that it has “a mutually beneficial relationship” with the small businesses that depend on its platform. This fact sheet tells the real story, and explains what Congress needs to do. … Read More

D.C. Lawsuit Aims At Amazon’s Monopoly Conduct

Date: 1 Jun 2021 | posted in: Retail | 0 Facebooktwitterredditmail

An antitrust lawsuit filed this month by Washington, D.C., Attorney General Karl Racine is a milestone in the fight against the monopoly power of online retail juggernaut Amazon. It is the first action by a government enforcer in the U.S. aimed at ending the company’s persistent abuse of consumers and the small businesses forced to sell on its platform. … Read More

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