Noncompete Agreements Remain Risky for Employers Nationwide Despite Rogue Texas Ruling
August 21, 2024 — Following a decision in the case of Ryan LLC v. FTC yesterday in the US District Court for the Northern District of Texas from Judge Ada Brown, who ruled to “set aside” the Federal Trade Commission’s ban on restrictive noncompete agreements– purportedly on a “nationwide” basis– the American Economic Liberties Project released the following statement.
FTC Must Challenge Mars-Kellanova Deal and Stop Rampant Consolidation in Food and Grocery
August 20, 2024 — In response to news that multinational confectioner manufacturer and brand owner Mars has agreed to acquire snack food peer Kellanova for $35.9 billion, the American Economic Liberties Project released the following statement.
California Should Reject Absurd Google Journalism Deal
August 20, 2024 — In response to a reported backroom deal between California lawmakers and Google that would terminate the California Journalism Preservation Act (CJPA) and create a privately-funded “AI Accelerator,” the American Economic Liberties Project released the following statement.
Economic Liberties Endorses Pharmacists Fight Back Act
August 16, 2024 — Following the introduction of the Pharmacists Fight Back Act—a bipartisan bill that aims to reduce drug prices, protect community pharmacies, and ensure patient choice by reining in the exploitative practices of Pharmacy Benefit Managers (PBMs)—from Rep. Jake Auchincloss and Rep. Diana Harshbarger, the American Economic Liberties Project released the following statement.
Apple’s Extortion of Patreon Creators is Fallout From Delayed Justice in Antitrust Lawsuit; Lawmakers Must Act to Fix App Store Markets
August 14, 2024 — Earlier this week, Apple threatened to remove popular crowdfunding app Patreon from the iOS App Store unless Patreon forces the creators using its services—typically independent podcasters, musicians, artists, and developers—to use Apple’s own billing system. This would impose a 30% transaction fee on them, one significantly higher than the fee they currently pay to Patreon. In response, the American Economic Liberties Project released the following statement.