Silicon Valley Elites Are Upset that CFPB is Protecting Consumers
November 27, 2024 — Following a barrage of false attacks launched at the Consumer Financial Protection Bureau from Silicon Valley elites today—including Elon Musk, Mark Andreesen, and others—based on self-interested lies to misrepresent the agency’s positions, purpose, and actions, the American Economic Liberties Project released the following statement.
Leading Worker Rights Organizations and Experts Release Brief on How States Can Preserve Worker Protections
November 26, 2024 — The National Employment Law Project, NYU Wagner Labor Initiative, Center for Labor and a Just Economy at Harvard Law School, Towards Justice, American Economic Liberties Project, and the Economic Policy Institute released a new policy brief on Tuesday outlining how states can defend the key pro-worker advances of the Biden administration, many of which are under attack in the courts and which face an uncertain future as the presidential administration changes.
US v. Google AdTech Closing Arguments: Reality Is On DOJ’s Side
November 25, 2024 — Following closing arguments in U.S. v. Google ad tech case in the Eastern District of Virginia, Case No. 1:23-cv-00108, where the Department of Justice and a coalition of states are suing Google for illegally maintaining monopoly power across the digital advertising industry, the American Economic Liberties Project released the following statement.
Antitrust Enforcers Must Crack Down on Big Wholesaler Acquisitions and Protect Patients
November 21, 2024 — In response to news that two of the largest wholesale drug distributors, Cencora and Cardinal Health, plan to acquire management service organizations (MSOs) that oversee specialty medical practice networks and a specialty medical supplies distributor, the American Economic Liberties Project released the following statement.
Bipartisan Group of Senators Emphatically Call for More Competition in Credit Card System
November 20, 2024 — During a hearing yesterday in the U.S. Senate Judiciary Committee on promoting competition in the credit card network market, a bipartisan set of Senators reiterated calls to break Visa and Mastercard’s duopoly, discussed how high swipe fees hurt consumers and small businesses, and explained the need to pass commonsense legislation like the Credit Card Competition Act. Members from the Lower Credit Card Credit Fees Coalition also sent a memo to the committee emphasizing the need for urgent change in this industry.