Landmark CFPB Rule Lifts Medical Debt Burden from Consumers’ Financial Health
June 11, 2024 — In response to news that the Consumer Financial Protection Bureau (CFPB) has proposed a rule that would eliminate nearly $49 billion of medical debt that unfairly and inaccurately lowers credit scores for 15 million Americans—preventing them from accessing loans and other financial products—the American Economic Liberties Project released the following statement.
New Policy Roadmap Explains How States Can End Noncompetes and TRAPs
June 11, 2024 — Following the Federal Trade Commission’s final rule to ban noncompete agreements, the American Economic Liberties Project today released a policy brief with model legislation, “Better Wages and Working Conditions: How States Should Tackle Noncompete Agreements, ‘TRAPs,’ and Other Restraints On Worker Mobility,” which provides a roadmap for state lawmakers to compliment federal regulation to end these exploitative practices.
Court Invalidates Teva’s Improper Patents that Keep Inhaler Prices High, Embracing FTC Amicus Brief
June 10, 2024 — Following a decision from the United States District Court for the District of New Jersey ordering Teva Pharmaceuticals to correct or delete five improperly listed Orange Book patents for its ProAir Inhalers, the American Economic Liberties Project released the following statement.
Economic Liberties Applauds New York For Protecting Kids From Big Tech’s Social Media Harms
June 7, 2024 — In response to news that the New York State legislature has passed — and Gov. Kathy Hochul is expected to sign into law — a pair of bills prohibiting social media companies from, among other provisions, using algorithms to provide content to minors without parental consent and targeting advertising to children without parental consent, the American Economic Liberties Project released the following statement.
Google is Terrified of a Jury Trial in its Adtech Case — And For Good Reason
June 7, 2024 — In response to news that U.S. District Judge Leonie Brinkema has denied the Department of Justice Antitrust Division’s request for a jury trial in its lawsuit against Google’s adtech monopoly, after Google wrote a check to the DOJ for monetary damages it alleged, the American Economic Liberties Project released the following statement.