L3Harris’ Acquisition of Aerojet Is a Bad Deal for the Warfighter and the Taxpayer Alike
December 19, 2022 — The American Economic Liberties Project released the following statement in response to news that defense contractor L3Harris intends to purchase the last independent solid fuel maker in the country, Aerojet Rocketdyne.
FTC Hits Epic With Largest Fine in History for Its Use of Dark Patterns Against Children
December 19, 2022 — The American Economic Liberties Project released the following statement in response to news that the Federal Trade Commission has secured agreements requiring Epic Games, Inc. to pay $520 million in relief for violations of the Children’s Online Privacy Protection Act (COPPA) and its use of dark patterns to trick players into making unintentional purchases.
NYT DealBook: The Kroger-Albertsons Merger Spotlights a Popular Private Equity Tactic
December 17, 2022 — Economic Liberties' Executive Director Sarah Miller explained to the New York Times why Albertsons' $4 billion special dividend to shareholders is "straightforward corporate raiding."
Common Dreams: Schumer Accused of Caving to Big Tech as Antitrust Bills Languish
December 17, 2022 — Economic Liberties' Executive Director Sarah Miller talked with Common Dreams about Senator Schumer's inaction on antitrust legislation that could rein in the power of Big Tech.
Washington State Supreme Court Steps in to Review Wall Street’s $4B Cash Grab in Kroger-Albertsons Deal
December 16, 2022 — On Friday, December 16, the Washington State Supreme Court granted a further stay of Albertsons’ $4 billion special dividend payout to investors, to allow for further review of the anticompetitive effects. The Supreme Court granted this review on the basis that the Superior Court had committed an obvious or probable error by refusing to enjoin the payout. The American Economic Liberties Project released the following statement.