MSNBC: How Trump’s billionaire pick for commerce secretary could backfire on Republicans
November 24, 2024 — Lori Wallach's (Director of Rethink Trade program at Economic Liberties) op-ed argues that President-elect Donald Trump's nomination of Howard Lutnick, a Wall Street CEO, for Secretary of Commerce is a clear sign Trump will not truly deliver on the working class-centered trade policies he promised.
Antitrust Enforcers Must Crack Down on Big Wholesaler Acquisitions and Protect Patients
November 21, 2024 — In response to news that two of the largest wholesale drug distributors, Cencora and Cardinal Health, plan to acquire management service organizations (MSOs) that oversee specialty medical practice networks and a specialty medical supplies distributor, the American Economic Liberties Project released the following statement.
Bipartisan Group of Senators Emphatically Call for More Competition in Credit Card System
November 20, 2024 — During a hearing yesterday in the U.S. Senate Judiciary Committee on promoting competition in the credit card network market, a bipartisan set of Senators reiterated calls to break Visa and Mastercard’s duopoly, discussed how high swipe fees hurt consumers and small businesses, and explained the need to pass commonsense legislation like the Credit Card Competition Act. Members from the Lower Credit Card Credit Fees Coalition also sent a memo to the committee emphasizing the need for urgent change in this industry.
Wall Street Journal: Big Cities Take Up Fight Against Algorithm-Based Rents
November 19, 2024 — Economic Liberties joined with Local Progress to write a memo on rent-setting software algorithms which formed the basis for antirent-software local ordinances in San Francisco and Philadelphia.
New Economic Liberties Paper Outlines Effective Remedies to Break Up Google Search’s Monopoly and Restore Competition
November 18, 2024 — Following Google’s loss to the Department of Justice Antitrust Division in a case over its search monopoly, the American Economic Liberties Project today released a new paper laying out a detailed framework of structural and behavioral remedies to address Google's illegal monopolization of search markets and foster a fair, competitive digital ecosystem.