Kroger’s Massive Earnings Show Why Communities Can’t Afford a Kroger-Albertsons Merger
December 1, 2022 — Today, grocery store giant Kroger announced record earnings, reporting $3.7 billion in adjusted operating profits so far in 2022 — a 37% increase compared to last year. In response to this news, which comes as Kroger works to secure its proposed megamerger with rival Albertsons, the American Economic Liberties Project released the following statement.
Break Up Ticketmaster Coalition on Upcoming Metallica Tour
November 30, 2022 — In response to Live Nation-Ticketmaster’s recent announcement that it will be managing ticket sales for Metallica’s M72 world tour in 2023 and 2024, with presale tickets available as early as November 30, the Break Up Ticketmaster Coalition released the following statement.
Taxpayers Can’t Afford to Hand Out More Subsidies to Semiconductor Financiers Without Strings Attached
November 30, 2022 — The American Economic Liberties Project released the following statement in response to news that the Semiconductor Industry Association is asking for another $20 to $30 billion in Federal tax subsidies from Washington between now and 2030
ICYMI: CFPB & FTC Stand Up for Servicemembers by Fighting for Crucial Protections
November 23, 2022 — The American Economic Liberties Project released the following statement in response to news that the CFPB and FTC filed a friend-of-the-court brief to safeguard legal protections afforded to servicemembers and their families.
Advocates Urge the FTC to Investigate GPOs’ Impacts on Drug, Medical Equipment Shortages and Rising Healthcare Costs
November 22, 2022 — A coalition of 9 advocacy organizations today wrote to the Federal Trade Commission today, urging the agency to investigate group purchasing organizations’ under-appreciated role in diminishing medical supply market resilience, weakening patient care, and threatening national security.