Publications
PYMNTS reports on how Tech Giants, including Google, Amazon, Facebook, Apple and Microsoft, have 19 M&A deals in process in spite of COVID-19’s effect on the economy. “These companies are already extraordinarily powerful, but they’re well-positioned to emerge as the biggest winners of COVID-19 unless some legislative action is taken,” said Sandeep Vaheesan, OMI’s legal director.
Read MoreFinancial Times’ Miles Kruppa and James Fontanella-Khan report on the increase of mergers and acquisitions among big tech companies and start-up businesses, further consolidating their power in the marketplace. “These companies are already extraordinarily powerful, but they’re well positioned to emerge as the biggest winners of COVID-19 unless some legislative action is taken,” said Sandeep Vaheesan, OMI’s legal director.
Read MoreThe bills proposed by both Rep. Cicilline and Rep. Eshoo are critical first steps to preserving the integrity of our elections and stopping the manipulation of American voters. As I previously testified, Facebook and Google make a lot of money by renting out their manipulation machines to anyone who pays. These platforms surveil their users and then allow disinformation agents to target propaganda at users based on comprehensive and intimate data profiles.
Read MoreOpen Markets Institute, The American Prospect, United for Respect, and Change to Win, deep dive on how antitrust, labor law and policy, can be used to promote a pro-worker anti-monopoly agenda.
Read MoreA new bill from Elizabeth Warren and Alexandria Ocasio-Cortez strikes at the myths behind mergers.
In a webinar organized by COSAL and Rust Consulting and moderated by Hal Singer, Sandeep Vaheesan, along with OMI Academic Advisory Board Member Sanjukta Paul and Marshall Steinbaum, discussed how weak anti-merger law contributed to the loss of critical reserve capacity in health care and other sectors.
Read MoreWelcome to The Corner. In this issue, we discuss a new report that Amazon is exploiting its gatekeeper position to take other companies’ businesses, and we discuss the Open Markets proposal to use anti-monopoly law to address the COVID-19 crisis within America’s dangerously consolidated meatpacking industry.
Read MoreForbes’ contributor Rebecca Bellan reports on The American Edge Project, an advocacy group that Facebook helped launch in an effort to frame technological innovators as “an essential part of the U.S. economic health, national security and individual freedoms.”
Read MoreHuffPost’s Zach Carter reports on the effort led by the American Economic Liberties Project and nine other organizations, including Open Markets, prompting the Federal Reserve to ban bailout funding for M&A activity.
Read MoreProposal calls for repeal of executive order invoking Defense Production Act to keep slaughterhouses operating.
Read MorePresident Donald Trump on Tuesday used the Defense Production Act to declare meatpacking plants to be essential facilities and allowed the Department of Agriculture (USDA) to reopen plants shuttered due to outbreaks of COVID-19 among workers. The Open Markets Institute, Food & Water Action, and Family Farm Action Alliance, joined by the undersigned, share the president’s desire to ensure a robust supply of food to every American family. Unfortunately, we believe this order is the wrong way to do so.
Read MoreWelcome to The Corner. In this issue, we discuss proposals for a merger moratorium for the duration of the COVID-19 crisis, an online conference on building resilient international systems that was co-hosted by the Open Market Instituteand the OECD, as well as the online conference on right to repair that Open Markets co-hosted with U.S. PIRG.
Read MoreSen. Elizabeth Warren (D-MA) and Rep. Alexandria Ocasio-Cortez (NY-14) proposed legislation today to halt harmful mergers, in order to protect the American public from further consolidation and concentration. Open Markets applauds the moratorium on mergers and acquisitions by large firms as well as post-crisis rules to prevent dangerous takeovers once the economy begins to improve.
Read MoreThe OECD and Open Markets Institute convene some of the world’s leading political economic thinkers to discuss how to shock-proof all vital human-made systems to create a more stable and resilient global production system.
Read MoreIn a round-table discussion led by Columbia Journalism Review’s chief digital writer Mathew Ingram, media professionals and experts alike discuss and analyze ways to save the journalism industry in result of the ongoing funding crisis, including talks of short-term funding to long-term restructuring. Contributing to the discussion, Jody Brannon, director of the Center for Journalism & Liberty, said, “Distributing… news for centuries has been dictated by our sense of journalistic duty, but as we know news judgment, airtime and column inches (sorry for the aged metaphore) are not free.”
Read MoreHouse Antitrust Subcommittee Chairman David Cicilline (D-RI) proposed legislation today for halting harmful mergers to protect the American economy, during the Shock Proof conference hosted by Open Markets and the OECD. Open Markets applauds the principles of the proposed moratorium on mergers and acquisitions by large firms not on the brink of failing.
Read MoreAFR correspondent Jacob Greber cites Open Markets Institute when reporting in Financial Review about the US monitoring Australia's decision to make Big Tech share advertising revenue with local media companies.
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