In the wake of this morning’s Senate Banking Committee hearing on Facebook’s plan to launch Libra, a new global cryptocurrency, the Open Markets Institute is calling for Libra’s 27 consortium partners to withdraw from the project.
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The Open Markets Institute has submitted a report to Congress in advance of tomorrow’s Senate Banking Committee hearing on Facebook’s plans to launch Libra, a global digital currency.
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The Open Markets Institute welcomes its inaugural fellows for its Louis Brandeis Law and Political Economy Fellowship. The fellowship aims to attract the best and the brightest young minds to advance the wider anti-monopoly movement through antitrust law and policy initiatives.
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This settlement is a capstone on the FTC’s record of failing to police America’s markets and privacy abuses. Congress should no longer tolerate the FTC’s failures as an enforcer, which have led to its crisis of legitimacy.
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Open Markets strongly condemns the decision by the Supreme Court today in Tennessee Wine and Spirits Retailers Association v. Thomas. The ruling guts the 21st Amendment to the Constitution and empowers dominant retailers, such as Amazon, to take over America’s markets for beer, wine, and spirits.
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Open Markets Institute strongly welcomes the decision by the Antitrust Division of the U.S. Department of Justice to file suit to block Quad/Graphics Inc.’s proposed acquisition of LSC Communications Inc. as Open Markets and others demanded in a March letter.
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The Open Markets Institute applauds the House Armed Services Committee, Congressman Ro Khanna, and Congresswoman Jackie Speier, for passing amendments to crack down on defense contractor monopolists, as part of debate over the National Defense Authorization Act.
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The Open Markets Institute is encouraged by the recent speech in Israel by Makan Delrahim, Assistant Attorney General (AAG) for Antitrust.
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“This is another example of state enforcers standing up for the public interest when federal regulators fail to do so,” Open Markets Executive Director Barry Lynn said.
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Open Markets Director of Enforcement Strategy Sally Hubbard testified before the U.S. House Judiciary Committee’s Subcommittee on Antitrust, Commercial and Administrative Law.
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The Open Markets Institute released Volume II of America’s Concentration Crisis, which presents exclusive data on market concentration in the healthcare industry sourced from IBISWorld.
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The Open Markets Institute today issued a statement opposing Raytheon’s acquisition of United Technologies.
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Open Markets Institute strongly applauds the House Judiciary Committee’s announcement yesterday that it is launching a bipartisan “top-to-bottom” antitrust investigation of Silicon Valley’s biggest tech monopolies.
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After years of calling out Amazon, Google, Facebook, and Apple for abusing their monopoly power, Open Markets is cautiously optimistic that law enforcers finally intend to protect American democracy and American capitalism from these behemoths.
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The Open Markets Institute is thrilled that Laura Hatalsky has joined our team as Chief of Staff. Laura will help lead Open Markets’ strategic direction and engagement in the growing anti-monopoly movement.
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Open Markets commends Chairman Cicilline’s letter spotlighting the DOJ’s under-the-radar support for tilting the law even further for the benefit of the most powerful corporations.
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Open Markets Institute applauds the ruling by U.S. District Court Judge Lucy Koh siding with the Federal Trade Commission against Qualcomm in a major antitrust suit.
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As lawmakers’ calls to break up big agribusiness monopolies grow, Open Markets, Food & Water Watch and the Organization for Competitive Markets called on the U.S. Department of Justice (DOJ) to block the proposed acquisition of Iowa Premium by National Beef.
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