New CFPB Payment App Rule Will Protect Consumers and Competition
November 7, 2023 — In response to a new rule proposed by the Consumer Financial Protection Bureau (CFPB) that would subject digital payment apps to more regulatory scrutiny, the American Economic Liberties Project released the following statement.
FTC Takes Sweeping Action Against Big Pharma’s Sham Patent Game, Ensuring Inhalers, EpiPens, and More Are Affordable and Accessible
November 7, 2023 — The Federal Trade Commission (FTC) announced new action today to challenge 100+ patents of brand name inhalers, epinephrine auto injectors and more — which follows the Commission’s passage of a policy statement condemning improper listing of patents in the Food and Drug Administration’s (FDA) Orange Book. In response, the American Economic Liberties Project released the following statement:
Amazon’s Own Executives Admit That Amazon Hurts Consumers and Inflates Prices, Updated FTC Complaint Reveals
November 2, 2023 — In response to a newly released version of the Federal Trade Commission’s complaint against Amazon, which makes public substantial previously-redacted information, the American Economic Liberties Project released the following statement.
Investors Need to Ask Apple Why It Didn’t Disclose $19B Annual Payments from Google
November 1, 2023 — Ahead of Apple’s earnings call this week, the American Economic Liberties Project urges investors and analysts to ask Apple about its contract with Google, where, according to the U.S. v. Google trial, Google has paid Apple billions of dollars for 18 years to remain the default search.
D.C. AG Cracks Down on Anticompetitive Collusion in D.C. Rental Housing Market
November 1, 2023 — In response to news that the Attorney General of D.C., Brian Schwalb, has filed an antitrust suit against RealPage and 14 residential landlords for colluding to raise prices by sharing competitive data, the American Economic Liberties Project released the following statement.