Posts tagged April 2020
The Corner Newsletter, April 30, 2020

Welcome to The Corner. In this issue, we discuss proposals for a merger moratorium for the duration of the COVID-19 crisis, an online conference on building resilient international systems that was co-hosted by the Open Market Instituteand the OECD, as well as the online conference on right to repair that Open Markets co-hosted with U.S. PIRG.

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Open Markets Applauds Merger Moratorium Proposal by Sen. Warren and Rep. Ocasio-Cortez

Sen. Elizabeth Warren (D-MA) and Rep. Alexandria Ocasio-Cortez (NY-14) proposed legislation today to halt harmful mergers, in order to protect the American public from further consolidation and concentration. Open Markets applauds the moratorium on mergers and acquisitions by large firms as well as post-crisis rules to prevent dangerous takeovers once the economy begins to improve.

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Galley by CJR: A roundtable on possible solutions to the funding crisis in the media industry

In a round-table discussion led by Columbia Journalism Review’s chief digital writer Mathew Ingram, media professionals and experts alike discuss and analyze ways to save the journalism industry in result of the ongoing funding crisis, including talks of short-term funding to long-term restructuring. Contributing to the discussion, Jody Brannon, director of the Center for Journalism & Liberty, said, “Distributing… news for centuries has been dictated by our sense of journalistic duty, but as we know news judgment, airtime and column inches (sorry for the aged metaphore) are not free.”

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Open Markets Applauds Principles of Antitrust Subcommittee Chairman Cicilline’s Proposed Merger Moratorium

House Antitrust Subcommittee Chairman David Cicilline (D-RI) proposed legislation today for halting harmful mergers to protect the American economy, during the Shock Proof conference hosted by Open Markets and the OECD. Open Markets applauds the principles of the proposed moratorium on mergers and acquisitions by large firms not on the brink of failing.

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Letter to House Subcommittee on Antitrust, Commercial and Administrative Law on Self-Dealing by Platform Monopolies

On April 17th, Open Markets submitted a letter to the House Subcommittee on Antitrust, Commercial and Administrative Law on promoting fair competition in the market place. The letter details illegal monopolization by digital platforms and recommends reforms aimed at opening the gates of fair competition to new innovators, restoring dynamism to the economy, decrease market concentration, and ensuring basic rule of law for all sellers and buyers.

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Justice Department Must Stop Liberty Media’s Dangerous iHeartMedia Plans

The Center for Journalism and Liberty at the Open Markets Institute calls on the DOJ to immediately make clear that it will not allow any large-scale deal between Liberty and iHeartMedia. Any such deal would harm American journalism by further concentrating power in local radio markets nationwide, reducing the outlets for news as well as artists, and such a deal would threaten local businesses with higher advertising rates.

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Report | Fixing America: Breaking Manufacturers’ Aftermarket Monopoly and Restoring Consumers’ Right to Repair

This Open Markets Institute report analyzes the history of repair markets in the United States, the tactics that manufacturers use to restrict repair, the consequences of restricted repair markets, and the antitrust and legal tools available to crack open cornered repair markets.

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Repair Monopolies Harm Consumers, Small Businesses, and Environment, Says New Report by Open Markets

One of the most reckless profiteering trends in recent decades is dominant corporations’ use of repair restrictions to force consumers to use original manufacturers’ repair services. To document and address this issue, the Open Markets Institute today released Fixing America: Breaking Manufacturers’ Aftermarket Monopoly and Restoring Consumers’ Right to Repair.  

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