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Private Equity Chases Ambulances

Date Published: October 3, 2019

Open Markets Health Care Researcher and Reporter Olivia Webb writes on The American Prospect about how investment firms have bought up emergency medical service companies, squeezing soaring profits from vulnerable patients. “The Great Recession created an opportunity to financialize the practice of lifesaving emergency transport,” she writes. “After 2008, a number of private equity firms moved to take over ambulance and air ambulance providers.”

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Unleash the Existing Anti-Monopoly Arsenal

Date Published: September 24, 2019

Open Markets Legal Director Sandeep Vaheesan argues on The American Prospect that corporate power can be neutralized if federal agencies simply used the prodigious authority they’ve been granted. “The president already has extraordinary authority under decades-old statutes,” Vaheesan writes. “The question is will he or she appoint officials—to the Department of Justice (DOJ) Antitrust Division, Federal Trade Commission (FTC), U.S. Department of Agriculture (USDA), and other agencies—determined to tame corporate dominance of our economy and politics.”

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The great break-up of Big Tech is finally beginning

Date Published: September 9, 2019

Open Markets Senior Fellow Matt Stoller published a piece on The Guardian on the heels of news that U.S. state attorneys general are launching a bipartisan investigation into Facebook and Google. “These corporations have become too powerful to be contained by democratic societies,” he writes. “We must work through our government to break them up and regulate our information commons, or they will end up becoming our government and choosing what we see and know about the world around us.”

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We Must End “Rule By Contract”

Date Published: August 19, 2019

Open Markets Legal Director Sandeep Vaheesan asserts that fine print isn’t “voluntary” and we should overhaul our thinking about contractual agreements. In this piece for Current Affairs, Vaheesan explores how we are subject to a dense web of contracts that grant us—or (more often) deprive us of—rights. He argues that against corporate power, Congress must wield its power to ban abusive contractual provisions.

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There’s More Than One Way to Fight a Monopoly

Date Published: August 11, 2019

In this piece for The Atlantic, Nathan Schneider and Open Markets Legal Director Sandeep Vaheesan argue that tougher regulation will help to fight monopoly, but workers and small businesses also need the ability to join forces against corporate power. “Collective power—that is, allowing independent workers and small businesses to collaborate to negotiate better treatment from megacorporations, or to start enterprises of their own—should be a pillar of creating an equitable economy,” they assert.

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Facebook needs more than a $5 billion fine. It needs a new business model

Date Published: July 25, 2019

Open Markets Director of Enforcement Strategy Sally Hubbard published an op-ed on CNN Business on the Federal Trade Commission’s $5 billion settlement with Facebook and asserts that the company needs a new business model. “Instead of fines, changing destructive business models and anticompetitive practices is the only way to lessen the platforms’ harms,” Hubbard writes. “These fixes fall into four main buckets, spelling out the acronym PAIN: privacy, antitrust, interoperability and non-discrimination.”

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