Posts tagged July 2020
NEW REPORT: U.S. Trade Policies Led to COVID-19 Mask and Ventilator Shortages; Fixing Policies Will Help Workers and Economy, Prevent Future Shortages

Open Markets Institute joins Groundwork Collaborative to release a paper highlighting how the COVID-19 pandemic and economic crisis has exposed and exacerbated the flaws in the current global trading system, specifically as shortages of live-saving supplies like masks and ventilators have emerged across the world and countries have resorted to export bans to address them.

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Broad Coalition Petitions the Federal Trade Commission to Ban Exclusionary Contracting by Monopolists

On July 21, 2020 3, Open Markets Institute filed a petition demanding the Federal Trade Commission ban exclusionary contracting by monopolists and other dominant firms. 30+ public interest groups and scholars signed the petition, including Food & Water Action, the Institute for Local Self-Reliance, and the American Economic Liberties Project. The petition calls on the FTC to use its unfair methods of competition authority to prohibit exclusionary contracting.

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DOJ Further Weakens Local Journalism by Approving Dangerous Liberty-iHeart Deal

The Center for Journalism & Liberty rejects the Department of Justice’s approval of Liberty Media’s acquisition of iHeartMedia and urges a merger moratorium to block future consolidation, especially via mediums like radio, that are essential to disseminating news to Americans.

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Yahoo News - Google Faces Antitrust Investigation From Its Home State, California

SmarterAnalyst’s Ben Mahaney reports on how Alphabet Inc.’s Google faces an antritust investigation, launched by the State of California. The investigation joins the 50 states and territories on their scrutiny of the tech giant’s control on advertising and internet searches. “We applaud the 50 state attorney generals for taking this unprecedented stand against Big Tech by uniting to investigate Google’s destruction of competition in search and advertising,” said the Open Markets Institute.

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Yahoo News - Facebook on defense over ad boycott, but regulation remains the bigger threat

Sally Hubbard, OMI's director of enforcement strategy, told Yahoo News' senior political correspondent how Facebook’s use of algorithms favor post engagement — even if the post contains false information or inflammatory remarks. “The problem is that [Facebook’s algorithm] boosts the hateful content because that is what is most engaging and serves Facebook’s business model. I don’t think you can fix this problem by these little Band-Aids that Facebook has been offering,” she said.

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