Congress Voices Bipartisan Support for FTC’s Fight Against Monopoly Power
July 13, 2023 — During the first half of an oversight hearing in the House Judiciary Committee today, a bipartisan set of congressmembers voiced their support for Federal Trade Commission Chair Lina Khan, and the FTC’s work to protect working families and honest businesses. In response, the American Economic Liberties Project released the following statement.
Economic Liberties Lays Out a Roadmap for Policymakers to Rein in Big Ag in 2023 Farm Bill
July 13, 2023 — The American Economic Liberties Project today released a new policy brief outlining the harms of consolidation across the agriculture industry, and providing a roadmap for how Congress can reintroduce competition to the industry in the upcoming 2023 Farm Bill.
FTC is Right to Appeal Judge Corley’s Flawed Opinion in Microsoft-Activision
July 12, 2023 — In response to news that the Federal Trade Commission has filed an appeal of Judge Corley’s decision denying a preliminary injunction of Microsoft’s $68.7 billion acquisition of Activision-Blizzard, the American Economic Liberties Project released the following statement.
Politico: Microsoft, Activision defeat FTC’s bid to block $69B deal
July 11, 2023 — Lee Hepner, Economic Liberties' Legal Counsel, discussed how Microsoft's blatant attempt to build a monopoly should have justified a ruling in the FTC's favor, and he underscored how the Judge's conflict of interest tainted the Microsoft/Activision trial outcome.
Politico: Hsu makes a (limited) case for large bank mergers
July 11, 2023 — Morgan Harper, Economic Liberties' Director of Policy and Advocacy, had her upcoming Senate Banking Subcommittee testimony on the dangers of bank merger consolidation highlighted in Politico's Morning Money.