A a coalition of students, farmers, ranchers, fishers, and food workers rallied outside the Philadelphia headquarters of cafeteria operator, Aramark, to demand the corporation invest in more just and sustainable food systems. Open Markets' Researcher and Reporter Claire Kelloway spotlights their campaign targeting a system of contracts and kickbacks between dominant food corporations and the three largest food service management companies, Aramark, Sodexo, and Compass Group.
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Open Markets Institute and the Service Employees International Union (SEIU), filed a comment with the U.S. Department of Justice (DOJ) in response to their workshop on competition in labor markets explaining how federal antitrust enforcers should use their power to support American workers.
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The Open Markets Institute and the Service Employees International Union (SEIU), filed a comment with the U.S. Department of Justice (DOJ) on October 23, 2019 in response to their workshop on competition in labor markets explaining how federal antitrust enforcers should use their power to support American workers.
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Fast Company's Talib Visram profiles Open Markets Institute Executive Director and Founder Barry Lynn. Lynn talks about his “vision of an alternative political economy” based on the nation’s founding principles. Regarding monopolies, Lynn told Fast Company: it is not just the tech companies. They’re just the problem on steroids.”
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In this excerpt of his new book "Goliath: The 100-Year War Between Monopoly Power and Democracy," Open Markets Fellow Matt Stoller explains how the "new" Democrats like Dale Bumpers and Bill Clinton of Arkansas worked to rid their state of the usury caps meant to protect the "plain people" from the banker and financier. The Democratic Party embraced not just the tactics, but the ideology of the Chicago School.
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Jessica Corbet writes that Facebook CEO Mark Zuckerberg has elevated broader concerns about how powerful tech giants are "poisoning the well of our democracy." She cites Open Markets Fellow Matt Stoller's op-ed on the New York Times on how tech companies are destroying democracy.
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The Guardian's Lauren Gambino speaks to Open Markets Deputy Director Sarah Miller about Facebook being put under the gun of antitrust scrutiny and reports on Elizabeth Warren and Mark Zuckerberg facing off over big tech and its influence over our lives. “They’re begging for regulation because they know they game it," Miller told The Guardian. "They know they can shape it, they know they can avoid it and they know that it will likely inhibit their competitors who won’t have the same resources. But, more than anything, they do not want to be broken up.”
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POLITICO's Nancy Scola covers October's Democratic Debate and reports that former Vice President Joe Biden "was the quietest person on stage on the question of how to handle Silicon Valley." She speaks with Open Markets Director of Enforcement Strategy Sally Hubbard who said of the antitrust portion of the debate “People are understanding that it’s not just some technocratic, boring area. It’s fundamentally about equality and freedom, the American way, the American dream. It’s at the heart of capitalism and what we think of core American values.”
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“Non-competes strengthen the power of corporate employers at the expense of millions of workers across America,” said Open Markets Legal Director Sandeep Vaheesan. “This is a huge step in advancing worker freedom, and we applaud Senators Young and Murphy for taking it.”
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Welcome to The Corner. In this issue, we share some reviews of Matt Stoller’s new book, Goliath. And we discuss the importance of a major new bipartisan bill in the Senate that would free workers from non-compete contracts.
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In this op-ed for the New York Times, Open Markets Fellow Matt Stoller spotlights how advertising revenue that used to go to quality journalism is now captured by big tech intermediaries, and some of that money now goes to dishonest, low-quality and fraudulent content. "The collapse of journalism and democracy in the face of the internet is not inevitable," he argues. "To save democracy and the free press, we must eliminate Google and Facebook’s control over the information commons."
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Sens. Chris Murphy, D-Conn., and Todd Young, R-Ind., introduced a bill today that would severely restrict the ability of employers to prevent their workers from taking a new job in a similar line of work. The Workforce Mobility Act bans non-compete clauses in employment contracts going forward and puts the Department of Labor and the Federal Trade Commission in charge of enforcing the ban.
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AP's Marcy Gordon covers a speech Facebook CEO Mark Zuckerberg made at Georgetown University on "free speech." Reporters were not allowed to ask questions — only students were given that chance, filtered by a moderator. Facebook and Georgetown barred news organizations from filming, Gordon reports. Open Markets Director of Enforcement Strategy Sally Hubbard told the AP: “It’s quite ironic.”
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Uber, Facebook, and Google are increasingly behaving like the law-flouting financial empires of the 1920s, asserts Open Markets Fellow Matt Stoller. We know how that turned out. "The rule of law is a precious political achievement of liberal democracy," Stoller writes. "It doesn’t just happen. We the people, along with elected public servants, have to make it happen. "
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Today, Open Markets Institute Fellow Matt Stoller released his new book Goliath: The 100-Year War Between Monopoly Power and Democracy. “We are in a moment where capitalism is being seriously questioned, and Goliath explains why," said Matt Stoller.
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