Publications
Open 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.
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The 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.
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The 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.
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Last 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.”
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Open 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.
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The Open Markets Institute is encouraged by the recent speech in Israel by Makan Delrahim, Assistant Attorney General (AAG) for Antitrust.
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Senior legal analyst Daniel Hanley specifies paths for effective litigation and suggests actions relevant authorities might take.
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Legal director Sandeep Vaheesan writes a paper describing how the FTC can use its expansive “unfair methods of competition” powers to strengthen fair competition under the Sherman Act.
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Open Markets Institute publishes a paper, “Scrambled Eggs and Paralyzed Policy: Breaking Up Consummated Mergers and Dominant Firms,” by the economists John Kwoka and Tommaso Valletti that looks at cases in which U.S. and European law enforcers required corporations to unwind completed mergers.
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In this report, “COVID-19 and the End of Laissez-Faire Globalization,” Open Markets Fellow Beth Baltzan asserts that production shortages caused by the COVID-19 pandemic can only be effectively solved by enacting policies such as enforceable labor standards and rules prohibiting anti-competitive behavior, thereby creating a marketplace that fosters fair competition.
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