Open Markets Senior Fellow Matthew Stoller and Lucas Kunce published a feature on The American Conservative exposing the devastating history of military monopolization in America. They describe how Wall Street has given foreign rivals such as China growing leverage over our defense industry by usurping what used to be American manufacturing, not only in telecommunications but in various sectors which are key to our national security.
Read MoreOZY’s Fiona Zublin tells the story of how concentration in the coffin industry is impacting the lives of average Americans.
Read MoreOpen Markets strongly condemns the decision by the Supreme Court today in Tennessee Wine and Spirits Retailers Association v. Thomas. The ruling guts the 21st Amendment to the Constitution and empowers dominant retailers, such as Amazon, to take over America’s markets for beer, wine, and spirits.
Read MoreThe Verge covers the debate over Facebook's proposed cryptocurrency, Libra, giving readers a summary of what it is and citing a number of criticisms against it, including Open Markets Senior Fellow Matthew Stoller's recent op-ed in the New York Times blasting Facebook's plan as dangerous and noting that it potentially gives those on the cryptocurrency's consortium an unfair advantage that could lead to price discrimination.
Read MoreThe New York Times' Marc Tracy covers the LSC/Quad merger and the U.S. Department of Justice's move to file suit against it. He cites a letter submitted to the DOJ earlier in the Spring by Open Markets, the Authors Guild and the PEN America against the merger demanding the government act to protect the free press.
Read MoreCBC News speaks with Open Markets Senior Fellow Matt Stoller about Facebook's new proposal to launch Libra, a new digital currency. He says Facebook's proposed global currency would give it the financial powers of a sovereign state and undermine democratic institutions. "It's an absurd idea to create a global currency system managed by a private group of people. I can't tell you how ridiculous it is," he told CBC.
Read MoreOpen Markets Institute strongly welcomes the decision by the Antitrust Division of the U.S. Department of Justice to file suit to block Quad/Graphics Inc.’s proposed acquisition of LSC Communications Inc. as Open Markets and others demanded in a March letter.
Read MoreOpen Markets Food & Power reporter Claire Kelloway covers the story of a new law in Maine granting loggers and haulers the right to bargain collectively with forest owners and sawmills. Maine’s new law expands the antitrust exemption for farmers’ cooperatives to include loggers and haulers. Yet the need for the exemption reveals a much deeper question about how we interpret antitrust laws and who is, and is not, allowed to economically cooperate.
Read MoreThe Houston Chronicle Editorial Board published a piece on Facebook's plans to act like a bank demanding regulation. They cite Open Markets Senior Fellow Matt Stoller's piece on The New York Times warning of the dangers of Facebook's proposed Libra coin.
Read MoreThe New York Times' David Streitfeld writes that big tech’s power has regulators and scholars, such as those of Open Markets, trying to reverse years of established doctrine. He also describes how anti-monopoly reformers are in ascendance and speaks with Open Markets' Executive Director Barry Lynn about anti-monopoly law and its history.
Read MoreOpen Markets Institute Senior Fellow Matt Stoller published an op-ed in the New York Times condemning Facebook’s plan to create a new global currency. Stoller writes, “Sorry, but no thanks: We should not be setting up a private international payments network that would need to be backed by taxpayers because it’s too big to fail.”
Read MoreLast Thursday, the Justice Department (DOJ) sued to prevent printing giant Quad from acquiring its main competitor, LSC Communications. The $1.4 billion deal between “the two most significant magazine, catalog, and book printers in the United States,” the DOJ’s Antitrust Division wrote in its complaint, “threatens to increase prices, reduce quality, and limit availability of printed material that millions of Americans rely on to receive and disseminate information and ideas.”
Read MoreOpen Markets senior fellow Matt Stoller talks to Business Insider's Linette Lopez about the latest round of hearings by the House Antitrust Subcommittee. Lopez highlights that for the first time in a generation, Washington is questioning what it means to protect American Capitalism. "There's an increasingly powerful bipartisan view of anti-trust," Stoller told her.
Read MorePOLITICO’s Nancy Scola profiles Open Markets Institute in an exclusive feature. She tells the story of how Open Markets has “spent years urging Washington to crack down on the United States’ biggest tech companies.”
Read MoreBloomberg's Joshua Brustein profiles Rep. David Cicilline, Chairman of the House Antitrust Subcommittee, and speaks to Open Markets Deputy Director Sarah Miller about the official congressional antitrust inquiry scrutinizing big tech corporations and how it "provides a channel for uncovering so much material" that makes clear antitrust enforcement is necessary.
Read MoreThe Open Markets Institute applauds the House Armed Services Committee, Congressman Ro Khanna, and Congresswoman Jackie Speier, for passing amendments to crack down on defense contractor monopolists, as part of debate over the National Defense Authorization Act.
Read MoreWelcome to The Corner. In this issue, we focus on Congress’s plan to investigate platform monopolists and highlight a new study that details how mergers can lead to sharp cuts in product variety.
Read MoreThe Open Markets Institute is encouraged by the recent speech in Israel by Makan Delrahim, Assistant Attorney General (AAG) for Antitrust.
Read More