Card Issuers Are Terrified that Small Businesses, Workers, and Consumers Support the Credit Card Competition Act
December 13, 2023 — Washington, D.C. — The Lower Credit Card Fees Coalition today released a statement following new reporting that the payments industry and bank lobby are paying social media influencers to gin up astro-turfed opposition to the Credit Card Competition Act — a bill that would save consumers and small businesses billions of dollars per year by breaking the Visa-Mastercard duopoly.
Bharat Ramamurti Joins Economic Liberties as Senior Adviser for Economic Strategy
December 13, 2023 — The American Economic Liberties Project today announced that Bharat Ramamurti, former Deputy Director of the National Economic Council, has been named Economic Liberties’ Senior Adviser for Economic Strategy.
FTC Finalizes New Rule to Stop Auto Dealers from Ripping Off Car Buyers
December 12, 2023 — In response to a final rule announced by the Federal Trade Commission today to stop the use of junk fees and bait-and-switch tactics that auto dealers target at consumers buying a car, the American Economic Liberties Project released the following statement.
Epic Win: Jury Finds the Google Play Store Policies Violate Antitrust Laws
December 11, 2023 — In response to news that a California jury ruled in favor of Epic Games, maker of Fortnite, in its lawsuit challenging Google’s monopoly power over its operation of the Google Play Store, the American Economic Liberties Project released the following statement.
Biden Admin’s New Framework Targets Big Pharma Price Gouging
December 7, 2023 — In response to new initiatives from the Biden administration’s to rein in the pharmaceutical industry’s price gouging of taxpayer-funded drugs and promote competition throughout the healthcare industry, the American Economic Liberties Project released the following statement.