Axios: Google Pay adds peer-to-peer payments and more
November 19, 2020 — Axios cited Economic Liberties’ Senior Fellow Graham Steele’s remarks regarding Google’s nightmarish effort to further entrench its market power and influence by expanding into banking.
Politico: Google’s move to offer bank accounts draws fire from Biden adviser
November 18, 2020 — Politico featured Economic Liberties’ Senior Fellow Graham Steele’s statement on Google’s nightmarish effort to expand into banking and further consolidate its market power.
CNN: Apple will slash App Store fees as antitrust pressure mounts
November 18, 2020 — CNN featured commentary from Economic Liberties’ Research Director Matt Stoller about Apple’s decision to reduce app store fees, and how aggressive antitrust enforcement can reshape markets.
USA Today: Google Pay positions itself as Apple Pay, PayPal and Venmo alternative
November 18, 2020 — USA Today featured Economic Liberties’ Senior Fellow Graham Steele’s statement on Google’s expanded banking business and the danger it poses to consumers and the broader financial system.
Google’s Efforts to Push Deeper Into Banking Should Worry Everyone
November 18, 2020— The American Economic Liberties Project released the following statement in response to Google’s major relaunch of Google Pay and its announcement that it will be partnering with 11 banks to launch a new kind of bank account in 2021.