CBS News covers the House Judiciary Committee antitrust investigation scrutinizing Big Tech’s impact on the free press.
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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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Open Markets Director of Enforcement Strategy Sally Hubbard testified before the U.S. House Judiciary Committee’s Subcommittee on Antitrust, Commercial and Administrative Law on June 11, 2019.
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Axios reporter Sam Baker publishes an exclusive report on Open Markets' second volume of concentration data looking at consolidation in healthcare-related industry sectors. “America’s health care crisis is brought you by monopoly,” Open Markets policy director Phil Longman told Axios.
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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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The Verge's Adi Robertson interviews Open Markets senior fellow Matt Stoller about how Google could be vulnerable to a U.S. Department of Justice probe. “The fact that Google is able to dominate the advertising market is quite dangerous,” says Matt Stoller.
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TIME reporter Alana Abramson reports that House lawmakers are kicking off their antitrust investigations of technology companies by focusing on an industry crippled by the rise of big tech: local journalism. She reports that Open Markets Institute Director of Enforcement Strategy Sally Hubbard will testify at the first hearing along with Gene Kimmelman, the president of Public Knowledge, and David Chavern, the president of News Media Alliance, which represents 2,000 newspapers across the U.S. and Canada.
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Last week, several senators called on the USDA to stop giving federal trade-related farm aid to foreign-owned corporations, particularly Brazil’s JBS, the largest meatpacker in the world. This follows a bill by Congresswoman Rosa DeLauro, D-Conn., that would require USDA’s Agricultural Marketing Service to only purchase foods from American companies, when available. Read the latest story by Open Markets Food & Power reporter Claire Kelloway on how the debate around foreign corporations receiving federal contracts misses the larger question of whether or not these contracts will trickle down to farmers at all.
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Deutsche Welle interviews Open Markets Deputy Director Sarah Miller about the shift in attitude by American lawmakers to Silicon Valley and how big tech is now on Washington's crosshairs. "These corporations were really the darlings of American commerce, and it's hard to believe, as someone who has been working on these issues for three or four years, how quickly that has changed, not just among progressives, but also among conservatives here in the US," she said.
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Bloomberg's Naomi Nix reports on how the U.S. House panel conducting an antitrust investigation of technology companies is prepared to issue subpoenas as it begins by focusing on the impact of digital platforms on news media organizations. She also reported that Open Markets Institute Director of Enforcement Strategy Sally Hubbard has been tapped to testify at the first hearing as a witness.
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Alexis C. Madrigal of The Atlantic writes that Big Tech on the left and right and highlights Open Markets Institute as among the new wave of antitrust scholars.
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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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The New York Times speaks with Open Markets Deputy Director Sarah Miller about antitrust enforcement in the U.S. as the House Judiciary Committee announced an official investigation scrutinizing the tech giants just hours after the Department of Justice and Federal Trade Commission were reported to be dividing jurisdiction over Google, Amazon, Apple and Facebook. Compared to Europe and other regulators around the globe, “Federal enforcers have a lot of catching up to do,” said Miller.
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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 New York Times speaks to Executive Director Barry Lynn about the storm brewing around Big Tech as the U.S. Department of Justice and the Federal Trade Commission divide jurisdiction over the largest corporations to enforce antitrust law. “Until we see what they intend to do, none of this means anything,” said Lynn. “Maybe they are simply blowing smoke so the president gets happy for a moment so they can go back to doing nothing.”
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