New Economic Liberties Report Takes a Close Look at Biden and Trump Antitrust Records
October 30, 2024 — A new report released by the American Economic Liberties Project today compares the antitrust records of the Trump-Pence and Biden-Harris administrations, revealing substantial differences in their approaches to addressing America's monopoly crisis.
FTC Bags Another Merger Trial Victory, Blocking $8.5 Billion Tapestry-Capri Deal
October 24, 2024 — Following news that the Federal Trade Commission (FTC) has successfully blocked the $8.5 billion Tapestry-Capri merger—with US District Judge Jennifer Rochon issuing a preliminary injunction after ruling the deal would significantly reduce competition in accessible-luxury handbag market—the American Economic Liberties Project released the following statement.
Economic Liberties Kicks Off Campaign to Help State and Local Officials End Rental Price-Fixing
October 24, 2024 — Amid growing awareness that third-party rent-setting algorithms are a serious driver of the housing crisis--prompting state antitrust suits from Washington, D.C. and Arizona, a federal suit from the Department of Justice and 8 states, multiple federal and state legislative proposals, and a first-in-the-nation ban on rental price-fixing in San Francisco, among other actions--the American Economic Liberties Project today announced a new campaign, “End Rental Price-FIxing,” to promote state and municipal legislation to ban the practice.
As NY AG James Ramps Up Investigation into Capital One-Discover Deal, Federal Enforcers Should Follow Suit
October 24, 2024 — Following news that the New York State Attorney General Letitia James has asked the state supreme court to issue new subpoenas as part of an investigation Capital One proposed $35 billion acquisition of Discover Financial Services, the American Economic Liberties Project released the following statement.
CFPB’s Finalized Open Banking Rule Delivers Major Win for Consumers and Competition
October 22, 2024 — Following the Consumer Financial Protection Bureau’s finalization of a rule designed to facilitate enhanced consumer access to financial data and promote competition—through a provision of the Dodd-Frank Act known as Section 1033—the American Economic Liberties Project released the following statement.