Open Markets Institute

View Original

Barry Lynn of Open Markets Testifies Before the House Committee on Small Business

iStock photo ID: 1225009218
©iStock.com/YayaErnst

Lynn discusses how the destruction of independent business threatens American democracy

Open Markets Executive Director Barry Lynn testifies at a U.S. House Committee on Small Business hearing titled “Competition and the Small Business Landscape: Fair Competition and a Level Playing Field.”

In his testimony, Lynn speaks about how:

  • Traditional anti-monopoly law and policy helped allow independent business to exist in this country

  • Consumer-focused competition philosophy overturned anti-monopoly laws and cleared the way for the destruction of America’s independent businesses

  • Concentration of power and control threatens democracy, individual liberty, prosperity, and security—and what we can do to address this crisis

Read Lynn’s full written testimony here.

Read the full hearing memo here.

Lynn is widely recognized as a pioneer of today’s anti-monopoly movement, and his writings on the dangers of concentrated power have deeply influenced policymakers at the highest levels in the U.S. and across Europe. His most recent book—Liberty from All Masters (2020)—is a culmination of his 20-year vanguard study on the magnitude of the political and economic dangers posed by monopolies.

Download Lynn’s full testimony here or read below.