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
The Hill: White House pressured to recuse legislative director from antitrust talks
November 29, 2022 — The Hill covered a letter Economic Liberties' signed onto with other advocates that urged President Biden to recuse Louisa Terrell from working on key antitrust bills — given her previous role as public policy director at Facebook.
Library of Mistakes: The Myth of Capitalism
November 25, 2022 — Economic Liberties' Senior Fellow Denise Hearn joined Library of Mistakes to discuss why monopoly power is so dangerous, how we got here, what Biden antitrust enforcers can do about it, and more.