The Corner Newsletter: January 14, 2022

In this issue, we discuss how Europe’s Digital Markets Act could make a global impact and the risks of Big Tech’s payment systems. We also take a look at Open Markets’ top accomplishments in 2021.

Ad World - Further Data Challenges Lie Ahead for the Advertising Industry

Fellow and adviser Johnny Ryan was referenced regarding his expertise on digital fraud and the potential harms it produces.

ClippingsOpen MarketsJanuary 14, 2022Johnny Ryan, 2022, January 2022, Privacy

Politico - It's Biden's Fed Now

Executive director Barry Lynn supports President Joe Biden’s nomination of Sarah Bloom Raskin and Dr. Lisa Cook for open federal reserve seats.

ClippingsBarry LynnJanuary 14, 2022Barry Lynn, Politics, Antitrust Law, 2022, January 2022

Time Magazine - U.S. Food Prices Are Up. Are the Food Corporations to Blame for Taking Advantage?

Food systems program manager Claire Kelloway discusses how to use antitrust to reign in corporate recklessness and create long-term food supply chain resiliency.

Open Markets Applauds President Biden’s Nomination of Former Federal Reserve Governor Sarah Bloom Raskin, Economist Lisa Cook to Open Fed Seats

Sarah Bloom Raskin and Lisa Cook would bring much-needed expertise and commitment to fighting economic inequality.

Bloomberg - Senator Toomey Warns on Possible Raskin Pick as Top Fed Regulator

Financial policy director Alexis Goldstein advocates for Sarah Bloom Raskin’s nomination as chair of supervision at the Federal Reserve.

ClippingsOpen MarketsJanuary 11, 2022January 2022, 2022, Politics, Law, Secondary Feature

The Register - You better have patched those Log4j holes or we'll see what a judge has to say

Open Markets was quoted to help reiterate the insufficiency of the FTC’s punishments against Facebook.

ClippingsOpen MarketsJanuary 5, 2022January 2022, Facebook, Big Tech, Privacy, 2022

Nation of Change - House progressives hail Biden moves to combat meat industry ‘price gouging’

Open Markets’ statement was cited in this article advocating for the Department of Education to prolong the halt on payback of Federal Student Loans.

ClippingsOpen MarketsJanuary 5, 2022January 2022, Food & Agriculture, Food & Power, Politics, 2022

Open Markets Welcomes White House Focus on Promoting Competition in Meat Industry

Open Markets urges the Administration to further pursue fair competition rulemakings and enforce antitrust violations by meatpackers

Best of 2021

Check out our team's top accomplishments from 2021.

BlogsOpen MarketsJanuary 1, 20222021, Primary Feature, December 2021, Wins

Open Markets Submits Comments to the CFPB on Big Tech's Foray into Payment Systems

Open Markets highlights concerns over the potential for Big Tech to use payments for self-preferencing and steering, extractive business practices, enhanced data for manipulative algorithms and the potential for financial surveillance.

Open Markets Welcomes the Extension of the Federal Student Loan Suspension

Extension gives Department of Education time to tackle “Too Big to Fail” student loan servicing.

Press ReleasesOpen MarketsDecember 22, 20212021, December 2021, Primary Feature, Politics, Wins

Common Dreams - Open Markets Welcomes the Extension of the Federal Student Loan Suspension

Open Markets’ statement advocating for the Department of Education to prolong the halt on payback of Federal Student Loans is cited.

ClippingsOpen MarketsDecember 22, 20212021, December 2021, Politics

Democracy Journal - Ending Corporate America’s Coercive Contracts

Senior Legal Analyst Daniel Hanley discusses how the existing contractual legal regime allows corporations to further exploit workers—and how public policy can change that.

Op-EdsDaniel HanleyDecember 21, 20212021, Competition Law & Philosophy, December 2021, Primary Feature

The New Republic - The Most Important Thing Biden Can Do in 2022

Executive director Barry Lynn discusses a reinvention of policies by the President to transform the lives of U.S. citizens.

ClippingsBarry LynnDecember 21, 20212021, Barry Lynn, Politics, Antitrust Law, December 2021

Warren Calls on Commerce to Address Semiconductor Shortages by Combating Industry Consolidation

Citing Open Markets Executive Director Barry Lynn, Warren condemns manufacturing concentration.

Press ReleasesBarry LynnDecember 17, 20212021, December 2021, Primary Feature, International Systems, Barry Lynn, Wins

The Corner Newsletter: December 17, 2021

In this issue, we look at the role monopolists are playing in stoking today’s high inflation, and we highlight our recent congressional testimony on the supply chain crisis and the risks of stablecoins.

NewslettersOpen MarketsDecember 17, 20212021, Secondary Feature, December 2021, Garphil Julien

Open Markets Welcomes OCC’s Request for Feedback on Climate Risk

In order to further tackle the climate crisis, the Acting Comptroller should pursue the same climate proposal with the FDIC Board.

Press ReleasesOpen MarketsDecember 17, 20212021, Competition Law & Philosophy, December 2021, Primary Feature, Wins

Monopoly Matters