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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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How Antitrust Became Mainstream, Part 3: The Antimonopoly Political Revolution

Date Published: July 23, 2019

In this third and final part of his three-part series on the resurgence of antimonopoly for Pro-Market, Open Markets Senior Fellow Matt Stoller explains how the election of Donald Trump helped bring antimonopoly thinking back to the forefront of the political discourse. “The most important political figures in the return of antimonopoly politics are Elizabeth Warren and Donald Trump,” asserts Stoller. “There are many people in Europe, India, and Australia making critical policy choices, but in terms of setting the boundaries of what is possible, it is Warren and Trump who have re-politicized this area.”

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How Antimonopoly Was Revitalized, Part 2: Barack Obama and the End of the End of History

Date Published: July 19, 2019

In this second installment of his three-part series on antitrust’s recent resurrection on Pro-Market, Open Markets Senior Fellow Matt Stoller discusses the legacy of Obama’s presidency. The real policy for which Obama will be known is not Obamacare or Dodd-Frank, but bailing out the banks after the 2008 financial crisis and helping Americans and the rest of the world understand that liberal democratic rhetoric was really an ornamental cover for a system of concentrated financial and political power.

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Why Antimonopoly Awoke From Its Slumber, Part 1: The Clinton Era’s Failed Utopia

Date Published: July 17, 2019

In the first part of a three-part series for Pro-Market, Open Markets Senior Fellow Matt Stoller explains why antimonopoly politics is experiencing a resurgence. “To understand how far we’ve come, we must understand what was,” writes Stoller. “I am going to try and help us reach back to the 1990s, before the financial crisis, Iraq War, Big Tech’s monopolization, before Nickelback jokes, and so forth.”

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