Claire Kelloway weighs in on the news that restaurant food distributor Sysco Corporation is planning to buy its competitor Restaurant Depot:
OMI praised U.S. Senator Chris Murphy (D-Conn.) and his colleagues for introducing the Fair Prices for Local Businesses Act, landmark legislation to curb corporate price discrimination and restore fair competition for small businesses across the country.
In testimony submitted to the Illinois House Labor & Commerce Committee, Sandeep Vaheesan emphasized the far-reaching harms caused by non-compete agreements and the urgent need for a comprehensive ban.
Dr. Courtney Radsch, director of the Center for Journalism and Liberty at Open Markets released the following statement concerning the news that Netflix has dropped its bid for Warner Brothers Discovery and by default, enabled Paramount to advance its own offer.
In an essay published in The New York Review of Books, Sandeep Vaheesan makes a case for expanding public ownership in the U.S. electric power sector—arguing that an expansion of democratically controlled public power is the best way to secure affordable energy and decarbonization.
The Open Markets Institute alongside Community Change/Action, National Women’s Law Center, and Americans for Financial Reform Education Fund released The Children Before Profits State Playbook, which equips state and local organizers, advocates, and policymakers with practical tools to address the risks posed by the growing role of private equity in U.S. child care markets.
The Open Markets Institute, Balanced Economy Project, Rebalance Now, and SOMO released condemned the European Commission’s decision to allow Google to acquire cloud security firm, Wiz, against expert recommendations for a deeper assessment of the deal.
The European Commission announced a preliminary finding that Meta may have abused its dominant position by excluding third-party AI assistants from WhatsApp. The Commission intends to impose interim measures to prevent serious and irreparable damage to competition. Such measures could include Meta being forced to open WhatsApp to third-party AI assistants. Max von Thun, Director of Europe & Transatlantic Partnerships at the Open Markets Institute, released a following statement.
The Open Markets Institute released a statement led by Max von Thun, Director of Europe & Transatlantic Partnership a preliminary finding that TikTok’s platform design contributes to addictive use and may violate the European Union’s Digital Services Act (DSA) requiring TikTok to fundamentally change to its business model, including disabling addictive features such as “infinite scroll”.
The Open Markets Institute filed an amicus brief in support of the plaintiffs in Reading Hospital v. Hill-Rom Holdings, a case concerning the monopolistic manufacturer of hospital beds using exclusive dealing with health systems to perpetuate its dominance.