Open Markets Institute Senior Fellow Matt Stoller published an op-ed in the New York Times condemning Facebook’s plan to create a new global currency. Stoller writes, “Sorry, but no thanks: We should not be setting up a private international payments network that would need to be backed by taxpayers because it’s too big to fail.”
Read MoreLast Thursday, the Justice Department (DOJ) sued to prevent printing giant Quad from acquiring its main competitor, LSC Communications. The $1.4 billion deal between “the two most significant magazine, catalog, and book printers in the United States,” the DOJ’s Antitrust Division wrote in its complaint, “threatens to increase prices, reduce quality, and limit availability of printed material that millions of Americans rely on to receive and disseminate information and ideas.”
Read MoreOpen Markets senior fellow Matt Stoller talks to Business Insider's Linette Lopez about the latest round of hearings by the House Antitrust Subcommittee. Lopez highlights that for the first time in a generation, Washington is questioning what it means to protect American Capitalism. "There's an increasingly powerful bipartisan view of anti-trust," Stoller told her.
Read MorePOLITICO’s Nancy Scola profiles Open Markets Institute in an exclusive feature. She tells the story of how Open Markets has “spent years urging Washington to crack down on the United States’ biggest tech companies.”
Read MoreBloomberg's Joshua Brustein profiles Rep. David Cicilline, Chairman of the House Antitrust Subcommittee, and speaks to Open Markets Deputy Director Sarah Miller about the official congressional antitrust inquiry scrutinizing big tech corporations and how it "provides a channel for uncovering so much material" that makes clear antitrust enforcement is necessary.
Read MoreThe 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.
Read MoreWelcome to The Corner. In this issue, we focus on Congress’s plan to investigate platform monopolists and highlight a new study that details how mergers can lead to sharp cuts in product variety.
Read MoreThe Open Markets Institute is encouraged by the recent speech in Israel by Makan Delrahim, Assistant Attorney General (AAG) for Antitrust.
Read MoreCBS News covers the House Judiciary Committee antitrust investigation scrutinizing Big Tech’s impact on the free press.
Read More“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.
Read MoreOpen Markets Director of Enforcement Strategy Sally Hubbard testified before the U.S. House Judiciary Committee’s Subcommittee on Antitrust, Commercial and Administrative Law.
Read MoreOpen 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.
Read MoreAxios 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.
Read MoreThe 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.
Read MoreThe Open Markets Institute today issued a statement opposing Raytheon’s acquisition of United Technologies.
Read MoreThe 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.
Read MoreTIME 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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