CFPB Takes Steps to Address Sky-High Credit Card Interest Rates, Advancing Bipartisan Consumer Protection Agenda
January 23, 2025 — Following an announcement from Consumer Financial Protection Bureau Director Rohit Chopra that the CFPB has opened a docket to receive public input on credit card interest rates, terms, and conditions, the American Economic Liberties Project released the following statement.
New Economic Liberties Paper Exposes How Investor-Owned Utilities Exploit Rate of Return Policies to Overcharge Americans
January 17, 2025 — The American Economic Liberties Project today released a new paper, “Rate of Return Equals Cost of Capital: A Simple, Fair Formula to Stop Investor-Owned Utilities from Overcharging the Public,” which sheds light on how investor-owned utilities (IOUs) overcharge ratepayers and offers concrete recommendations to ensure rates are fair and aligned with public interest.
FTC Takes on PepsiCo’s Price Discrimination Tactics to Protect Smaller Retailers Under Robinson-Patman Act
January 17, 2025 — Following news that the Federal Trade Commission (FTC) has filed a lawsuit against PepsiCo for violating the Robinson-Patman Act (RPA) by granting discriminatory pricing and promotional advantages to a “large, big-box retailer” the American Economic Liberties Project released the following statement.
DOT Enforcement Action Ensures Airlines Don’t Promise Flights They Can’t Operate
January 16, 2025 — Following news that the U.S. Department of Transportation is filing a lawsuit against Southwest Airlines and for failing to address chronic problems on two routes—Chicago-Oakland and Baltimore-Cleveland—that caused 180 flight disruptions for five straight months, the American Economic Liberties Project released the following statement.
Economic Liberties Applauds FTC’s Landmark Lawsuit Against John Deere for Protecting Farmers’ Right to Repair
January 15, 2025 — Following the Federal Trade Commission’s lawsuit—joined by Illinois and Minnesota Attorneys General—against John Deere for its monopolistic repair restrictions that burden farmers with higher costs and devastating delays, the American Economic Liberties Project released the following statement.