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.
Read MoreSen. 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.
Read MoreThe OECD and Open Markets Institute convene some of the world’s leading political economic thinkers to discuss how to shock-proof all vital human-made systems to create a more stable and resilient global production system.
Read MoreIn 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.”
Read MoreHouse 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.
Read MoreAFR correspondent Jacob Greber cites Open Markets Institute when reporting in Financial Review about the US monitoring Australia's decision to make Big Tech share advertising revenue with local media companies.
Read MoreIn a very timely and important in-depth article for The Guardian, the Open Markets Institute’s new Fellow Mya Frazier sounds the alarm on how working conditions in food processing facilities across the country endanger thousands of workers.
Read MoreThe Open Markets Institute today called on anti-monopoly law enforcers and Congress to take a simple, three-step approach to breaking the dangerous concentration of power and control by Google, Facebook, and Amazon.
Read MoreOpen Markets' Fellow Mya Frazier writes about the grueling labor conditions faced by female workers in poultry plants. Frazier's article details widespread labor violations in the chicken processing industry.
Read MoreOn 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.
Read MoreOpen Markets Details How the COVID-19 Pandemic is Devastating News Organizations, Announce the Release of Our New Report on Right to Repair, and Invite Readers to Join Our Conference in Cooperation With the OECD
Read MoreThe 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.
Read MoreThis 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.
Read MoreOpen Markets authors Claire Kelloway, Daniel Hanley, and the director of U.S. PIRG’s campaign for Right to Repair, Nathan Proctor, discuss what we can do to build more open and resilient repair markets.
Read MoreOne 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.
Read More