ICYMI: FTC Takes Walmart to Court for Profiting from Fraud, Continues to Challenge Corporations Perpetrating Biggest Harms
June 29, 2022 — Yesterday, in a 3-2 vote, the Federal Trade Commission filed a major lawsuit against Walmart, one of the largest multinational retail corporations, for knowingly facilitating fraud of its customers. As the suit details, Walmart not only turned a blind eye to scammers using its money transfer service to steal more than $197,316,611 — with over $1.3 billion in money transfers also possibly connected to fraud — from working people, it also pocketed millions of dollars in fees through the process.
Corporate Lobbying Machine Smears Director Chopra For Protecting Working People
June 28, 2022 — The American Economic Liberties Project released the following statement in response to the U.S. Chamber of Commerce’s announcement of a targeted smear campaign against Consumer Financial Protection Bureau Director Rohit Chopra in late-June.
How to Strengthen The Pharmacy Benefit Manager Transparency Act of 2022
June 27, 2022 — Today, the American Economic Liberties Project released a comment letter commending Senators Maria Cantwell and Chuck Grassley for introducing the Pharmacy Benefit Manager Transparency Act of 2022 (the PBMTA) and offering suggestions to strengthen the legislation.
Economic Liberties Applauds New Pennsylvania Antitrust Reform Bill
June 24, 2022 — The American Economic Liberties Project released a statement following the introduction of The Open Markets Act in Pennsylvania.
Economic Liberties Breaks Down the Pharmacy Benefit Mafia
June 22, 2022 — Washington D.C. — On the heels of the Federal Trade Commission’s recently announced 6(b) study of pharmacy benefit mangers (PBMs), the American Economic Liberties Project today released a critical new explainer: The Pharmacy Benefit Mafia: The Secret Health Care Monopolies Jacking Up Drug Prices and Abusing Patients and Pharmacists.