Climate and Economic Justice Advocates Urge FTC to Block Big Oil Consolidation
November 8, 2023 — Today, the American Economic Liberties Project, along with Climate Power, Demand Progress, Sierra Club and eighteen additional signatories—a coalition of advocates for economic and climate justice—sent a letter to the Federal Trade Commission urging them to investigate and block recently proposed mega-acquisitions by Big Oil firms ExxonMobil and Chevron.
FSGG Approps Bill Must Support Enforcers, Not Kneecap Them
November 8, 2023 — With Congress set to debate the Fiscal Year 2024 Financial Services and General Government (FSGG) appropriations bill today—a bill containing several radical amendments to gut the funding of critical agencies and weaken important competition authorities—the American Economic Liberties released the following statement:
New CFPB Payment App Rule Will Protect Consumers and Competition
November 7, 2023 — In response to a new rule proposed by the Consumer Financial Protection Bureau (CFPB) that would subject digital payment apps to more regulatory scrutiny, the American Economic Liberties Project released the following statement.
FTC Takes Sweeping Action Against Big Pharma’s Sham Patent Game, Ensuring Inhalers, EpiPens, and More Are Affordable and Accessible
November 7, 2023 — The Federal Trade Commission (FTC) announced new action today to challenge 100+ patents of brand name inhalers, epinephrine auto injectors and more — which follows the Commission’s passage of a policy statement condemning improper listing of patents in the Food and Drug Administration’s (FDA) Orange Book. In response, the American Economic Liberties Project released the following statement:
House Antitrust Leaders Bow to Monopolists with THUD Amendment Support
November 1, 2023 — As the House considers the Fiscal Year 2024 Transportation, Housing and Urban Development, and Related Agencies bill—an appropriations bill carrying a dangerous amendment, supported by House antitrust subcommittee chair Thomas Massie (R-KY) and ranking member Lou Correa (D-CA), to neuter the competition authorities of the Department of Transportation and other enforcers—the American Economic Liberties Project released the following statement: