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.
Advocates Urge CA State Bar to Hold Google Counsel Walker Accountable for Evidence Destruction
October 22, 2024 — As Google’s simultaneous antitrust trials continue to reveal the extent of systematic, companywide evidence destruction at the direction of former General Counsel Kent Walker—drawing striking rebukes from three federal judges—the American Economic Liberties Project, CheckMyAds, and Tech Oversight Project today sent a letter calling for the State Bar of California to investigate Walker for violating the California Professional Code of Conduct.
FTC Ends Subscription Trap with Final Click to Cancel Rule
October 16, 2024 — Following a vote from the Federal Trade Commission to finalize its “click to cancel” rule, which forbids subscription and membership services from making it difficult for consumers to unsubscribe from services or halt recurring payments, the American Economic Liberties Project released the following statement.