Proposed Changes to HSR Form Are Critical to Stopping Illegal Mergers
September 27, 2023 — In response to the Federal Trade Commission and the Department of Justice’s notice of proposed changes to the premerger notification form and rules (otherwise known as the HSR Form), the American Economic Liberties Project today submitted a written comment in support of the agencies’ long overdue modernization of its implementation of the Hart-Scott-Rodino Act.
Amazon’s “Low Prices” Are a Mirage, New FTC Suit Reveals
September 26, 2023 — The Federal Trade Commission — along with 17 state attorneys general today filed a lawsuit against Amazon alleging that the company is an illegal monopoly that raises prices across the economy. In response, the American Economic Liberties Project released the following statement.
Economic Liberties Requests the SEC to Investigate Apple for Violating Securities Act and Federal Security Laws
September 26, 2023 — The American Economic Liberties Project sent a letter today to the Securities and Exchange Commission to request that they investigate Apple Inc. to determine whether the company has violated the antifraud provisions of Section 17(a)(2) and (3) of the Securities Act of 1933, as well as certain reporting provisions of the federal securities laws.
Google’s Secretive Search Deal With TikTok Is Yet Another Example of Its Search Monopoly
September 22, 2023 — On September 21, Insider revealed a search partnership between TikTok and Google for Google to become a search option within the TikTok app. This is a significant development given Google is in a federal courtroom defending itself in a trial initiated by the Department of Justice which argues that the $1.7 trillion company illegally locks out its competitors in the search engine market. In response, the American Economic Liberties Project released the following statement.
FTC Stands Up For Anesthesiology Patients in Texas
September 21, 2023 — Following news that the Federal Trade Commission has filed a lawsuit against U.S. Anesthesia Partners (USAP) and private equity firm Welsh, Carson, Anderson & Stowe alleging that the two monopolized the anesthesiology market in Texas through serial acquisitions, price-setting schemes, and a market allocation agreement, the American Economic Liberties Project released the following statement.