Renewing Verisign’s Contract Would Hike Domain Name Prices at 2X Inflation Rate, New Economic Liberties Paper Reveals
Jul 29, 2024 — With an August 2nd deadline looming for the National Telecommunications and Information Administration (NTIA) to decide whether to renew Verisign’s monopoly contract over “.com,” the American Economic Liberties Project today released a new paper, “A Call for .Com-petition: Reining in Verisign’s Monopoly Over The Internet’s Most Popular Top Level Domain.” The paper analyzes harmful pricing terms in the current contract, reviews the history of the “incestuous legal triangle” that locked in Verisign’s extortionate prices, and details both policy options and litigation strategies for unleashing competition and ensuring fair market prices.
DOJ Blocks UnitedHealth-Owned Optum’s Acquisition of Stewardship Health
Jul 25, 2024 — In response to news that Optum has terminated its plans to acquire Steward Health Care’s physician group, Stewardship Health, following scrutiny from the Department of Justice Antitrust Division, the American Economic Liberties Project released the following statement.
Economic Liberties Applauds Senator Shaheen For Bolstering Antitrust Division Funding
Jul 25, 2024 — In response to news that the Senate Committee on Appropriations has released the Commerce, Justice, Science, and Related Agencies (CJS) Fiscal Year 2025 Appropriations Bill, which increases the Department of Justice Antitrust Division’s budget by 24% and grants them full access to income from the merger filing fees, the American Economic Liberties Project released the following statement.
Economic Liberties Applauds Promising Amendments From SASC in 2025 NDAA
Jul 24, 2024 — Ahead of the U.S. Senate’s consideration of the 2025 National Defense Authorization Act (NDAA)—which includes positive amendments coming from Sen. Warren to increase transparency and fight graft in PBMs’ dealings with TRICARE, as well as problematic amendments from Sen. Cornyn that will enable gouging by contractors—following its passage through the Senate Armed Services Committee (SASC), the American Economic Liberties Project released the following statement.
PA Judge Upholds FTC’s Rulemaking Authority to Ban Noncompetes
Jul 23, 2024 — This afternoon, Judge Kelly Hodge from the U.S. District Court for the Eastern District of Pennsylvania denied a motion for a preliminary injunction against the Federal Trade Commission’s rule banning noncompete clauses in the case ATS Tree Services, LLC v. FTC. In response to this ruling in the FTC’s favor, the American Economic Liberties Project released the following statement.