Open Markets Institute Legal Director Sandeep Vaheesan testified at a hybrid House Financial Services Committee hearing entitled, “The Inflation Equation: Corporate Profiteering, Supply Chain Bottlenecks, and COVID-19.”

Vaheesan discussed the impacts of lax anti-merger policy on inflation and how strengthening it can help constrain corporate pricing power and encourage investment in the industrial base, instead of the zero-sum game of buying, combining, and swapping existing business assets.

Witness List

• Demond Drummer, Managing Director Equitable Economy, PolicyLink

• Tyler Goodspeed, Kleinheinz Fellow, Hoover Institution

• Rakeen Mabud, Chief Economist and Managing Director of Policy, Groundwork Collaborative

• Sandeep Vaheesan, Legal Director, Open Markets Institute

• Mark Zandi, Chief Economist, Moody’s Analytics

Download Vaheesan’s full written testimony here or read below.