Consumer Advocates Call for Vote on CCCA: Only Legislation Can Lower Swipe Fees
May 1, 2024 — As opponents of the Credit Card Competition Act (CCCA) argue the pending settlement of private antitrust litigation against Visa and Mastercard “eliminates the need for legislative action on credit interchange”—and make similar claims of the proposed Capital One-Discover Merger—the American Economic Liberties Project and a coalition of nine labor, consumer, small business, and competition advocates today sent a letter to the Senate Banking and Judiciary committee leaders, calling for a hearing on the CCCA and reiterating the need for its passage.
New Economic Liberties Whitepaper Sounds Alarm on Dangers of Vertical Consolidation in Healthcare, Charts Policy Response
April 30, 2024 — With the CEO of UnitedHealth Group set to testify before Congress after a cyberattack on its subsidiary paralyzed the healthcare system and exposed the dangers of consolidation in the sector, the American Economic Liberties Project today released a new white paper, “Medicare Advantage and Vertical Consolidation in Health Care,” laying out the causes and consequences of the contemporary wave of vertical consolidation and proposing a wide-ranging set of solutions as a new “industrial policy” for healthcare.
Congressional Leaders Are Bowing to Airlines by Weakening Popular DOT Refund Rules
April 29, 2024 — In response to news that a Congressional agreement on the FAA Reauthorization Bill would weaken the Department of Transportation’s new rule requiring airlines to issue automatic cash refunds for flight cancellations and other inconveniences, the American Economic Liberties Project released the following statement.
Axios: Workers taking center stage is latest sign U.S. is in new antitrust era
April 29, 2024 — Elizabeth Wilkins is quoted in coverage of the shift in antitrust focus toward labor markets, highlighting efforts to protect worker competition and wages.
DOT’s New Automatic Refund Rule is Another Big Swing Against Corporate Power in Flying
April 24, 2024 — In response to news that the U.S. Department of Transportation (DOT) has issued a final rule requiring airlines to provide automatic and fast refunds to passengers in the event of a cancellation or delay, mishandled baggage, or junk fees for services not actually provided, the American Economic Liberties Project released the following statement.