Microsoft’s Brad Smith is No Different Than Any Other Monopolist
December 23, 2022 — The American Economic Liberties Project released the following statement after Microsoft filed its response to the Federal Trade Commission's lawsuit to block the company's acquisition of Activision Blizzard.
CFPB’s $3.7B Settlement With Wells Fargo Sends a Clear Message to Corporate Wrongdoers
December 20, 2022 — In response to news that the Consumer Financial Protection Bureau is ordering Wells Fargo to pay $3.7 billion for a myriad of violations, including charging unlawful surprise overdraft fees, wrongfully foreclosing on homes, improperly denying mortgage modifications, and illegally repossessing vehicles, the American Economic Liberties Project released the following statement.
Omnibus Bill Marks Major Milestone for the Anti-Monopoly Movement
December 20, 2022 — The American Economic Liberties Project released the following statement in response to news that the Merger Filing Fees Modernization Act was included in the Senate’s omnibus spending bill.
L3Harris’ Acquisition of Aerojet Is a Bad Deal for the Warfighter and the Taxpayer Alike
December 19, 2022 — The American Economic Liberties Project released the following statement in response to news that defense contractor L3Harris intends to purchase the last independent solid fuel maker in the country, Aerojet Rocketdyne.
FTC Hits Epic With Largest Fine in History for Its Use of Dark Patterns Against Children
December 19, 2022 — The American Economic Liberties Project released the following statement in response to news that the Federal Trade Commission has secured agreements requiring Epic Games, Inc. to pay $520 million in relief for violations of the Children’s Online Privacy Protection Act (COPPA) and its use of dark patterns to trick players into making unintentional purchases.