CFPB and FTC’s War Against Junk Fees Leads to Win for Consumers at Airbnb
November 7, 2022 — In response to Airbnb’s recent announcement that it will allow users to search the platform using total price, bringing more transparency to hidden fees in the checkout process, the American Economic Liberties Project released the following statement.
Live Nation-Ticketmaster’s Record Earnings Come at the Expense of Fans, Artists, and Venue Owners
November 4, 2022 — Yesterday, Live Nation-Ticketmaster announced record-breaking earnings, reporting $12.3 billion in revenue so far in 2022 and outpacing its previous most profitable year (2019) by 43%. In response to this news, the Break Up Ticketmaster Coalition, a diverse group of artists, fan, independent venue, consumer, and policy advocates, released the following statement
State Attorneys General are Right to Fight Private Equity’s Kroger-Albertsons Scheme
November 2, 2022 — The American Economic Liberties Project released the following statement in response to a federal lawsuit filed by District of Columbia Attorney General Karl Racine, which was joined by Illinois Attorney General Kwame Raoul and California Attorney General Rob Bonta, and a state lawsuit filed by Washington State Attorney General Bob Ferguson that ask courts to stop Albertsons from paying a $4 billion special dividend to its shareholder — which are majority private equity firms — ahead of a proposed merger with Krogers.
TikTok Can’t Be Allowed To Claim Dominant Market Position in the U.S.
November 2, 2022 — Following a statement yesterday from Federal Communications Commissions Commissioner Brendan Carr urging the Committee on Foreign Investment in the U.S. to ban short form video app TikTok, the American Economic Liberties Project released a statement.
Economic Liberties Investigation Reveals How Big Tech Interests Hijack Trade Lingo & Enforcement Mechanisms to Attack Anti-Monopoly Initiatives Worldwide
November 2, 2022 — Big Tech interests have opened a new front in their attack against anti-monopoly policies worldwide by harnessing U.S. trade enforcement mechanisms to claim “discriminatory” treatment and urging trade penalties against countries adopting competition policies that may have a larger impact on dominant digital firms due to their size not their nationality.