"Demand Justice's call to elevate a diverse slate of judges who will stand up to concentrated corporate power is essential for creating a just, inclusive economy and democracy," said Open Markets Deputy Director Sarah Miller.
Read More
Simon & Schuster published Open Markets Fellow Matt Stoller’s new book, Goliath: The 100-Year War Between Monopoly Power and Populism on Tuesday. The book details how Americans once understood the connection between corporate monopolies and authoritarianism and successfully opposed both through antitrust and other competition policies.
Read More
The Washington Post's Seung Min Kim reports that Demand Justice will release a list of 32 suggested Supreme Court nominees for any future Democratic president as they ramp up their push for the 2020 contenders to do the same. Among their suggested nominees is Open Markets Board Chair Zephyr Teachout.
Read More
Matt Stoller’s Goliath: The 100 Year-War Between Monopoly and Power and Populism charts the shifts in American attitudes towards corporate concentration. Kyle Sammin reviews the book on the National Review.
Read More
“We strongly applaud these common-sense rules for ending dangerous concentrations of power in our economy,” said Barry Lynn, Executive Director of the Open Markets Institute. “Bernie Sanders has a simple rule. If a company is too big, it should be made smaller.”
Read More
Vox's Tara Golshan reports on Bernie Sanders' plan on corporate accountability and democracy and gets comments from Open Markets Senior Fellow Matt Stoller. “Saying that the FTC has failed its mission and lost its credibility as a regulatory agency is important,” Stoller said. “Bernie is coming out with a progressive platform to address monopolies, but it is actually pro-business platform. ... A lot of the pressure from the FTC is coming from the business community.”
Read More
He was America’s most powerful businessman and the Treasury secretary throughout the 1920s. His corruption would lead to an impeachment inquiry. This is an exclusive excerpt for The American Prospect from the new book 'Goliath: The 100-Year War Between Monopoly Power and Democracy', by Open Markets Fellow Matt Stoller, out this month from Simon & Schuster.
Read More
AP's Barbara Ortutay reports on how Facebook's Libra project has been battered by defections with the exit of PayPal, Mastercard, Visa, eBay, and Stripe. Sarah Miller, deputy director of Open Markets Institute, told the AP it was “insanity” to trust Facebook to launch a global cryptocurrency when it is already facing regulatory scrutiny around the world over data privacy.
Read More
Open Markets Senior Fellow Matt Stoller publishes an adapted excerpt of his book "Goliath: The 100-Year War Between Monopoly Power and Democracy" on the Wall Street Journal. He asserts the loudest complaints against today’s monopolies come not from Occupy Wall Street types but from leaders of firms seeking freedom of commerce.
Read More
Open Markets' Food & Power reporter Claire Kelloway reports on the "Stop the Stealin'" rally where nearly 500 cattle producers from 14 states rallied in Omaha, Nebraska to denounce corporate control over cattle markets and to demand that the Trump administration do something to fix it. She also covers developments in the Ranchers-Cattlemen Action Legal Fund (R-CALF)’s case for why beef checkoff funds should not go to private entities without ranchers’ consent. Here's her latest on Food & Power.
Read More
The Guardian exclusively reports that as US job market tightens Bechtel senior vice-president appeared to urge companies not to compete on salaries, arousing ‘real wage-fixing concerns. Open Markets Legal Director Sandeep Vaheesan tells The Guardian: “This type of activity is collusive or a prelude to collusion. At a minimum, the remarks should be treated as inviting rivals not to compete for workers.”
Read More
"Senator Booker’s plan is long overdue," said Open Markets Legal Director Sandeep Vaheesan. "The NCAA is, in effect, a cartel of employers robbing college athletes of fair, competitive wages, not dissimilar to how corporations in tech and other sectors have conspired to suppress their employees' salaries."
Read More
Gerald Berk reviews Open Markets Senior Fellow Matt Stoller's new book Goliath: The 100-Year War Between Monopoly Power and Democracy on The American Prospect. He writes that Matt Stoller’s ‘Goliath’ seeks to recover and explain the anti-monopoly tradition of the 20th century, at a time when it is urgently needed in the 21st. "Democrats who seek to revitalize their party would do well to study Matt Stoller’s Goliath and incorporate—in a complex and thoughtful manner—its central teachings," Berk says.
Read More
Axios Future analyzes why Walmart remains under the radar as big tech comes under scrutiny. “I don’t think anyone is paying attention to Walmart,” says Director of Enforcement Strategy, Sally Hubbard.
Read More
POLITICO's Steve Overly reports that investigations from state attorneys general and federal agencies are causing a rift between free market conservatives and the party's more populist voices. He talks to Open Markets fellow Matt Stoller about the tech industry's waning influence. “People aren't afraid of them anymore" said Stoller. "It’s not that they don’t have power, they do have power. They don't carry the same level of fear."
Read More
"That PayPal has woken up to the dangers Libra poses to democracy, and has chosen to leave the project, is enough of a signal that the remaining consortium partners should do the same and walk away," said Open Markets Chief of Staff Laura Hatalsky in a statement.
Read More
“Senator Warren recognizes that antitrust law should be an integral part of a pro-worker agenda," Open Markets Legal Director Sandeep Vaheesan said in a statement. “We applaud her efforts to return power to workers.”
Read More
On October 3, Open Markets Institute joined a group of public interest groups and one union to file a petition before the Federal Communications Commission (FCC) to put the T-Mobile/Sprint merger on hold.
Read More