Washington, DC – The following is a statement from Barry Lynn, executive director of the Open Markets Institute in regard to Amazon’s planned acquisition of Zoox
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Welcome to The Corner. In this issue, we examine the European Commission’s newly announced investigation into potentially anti-competitive practices by Apple.
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Despite its implementation of new policies, Facebook grapples to maintain the spread of the “boogalo” movement on its platform, The Washington Post reports. The movement, known for its anti-government and anti-law enforcement stance, has continued to trickle into varying Facebook pages and groups, spreading misinformation about the protests as well as encouraging armed violence.
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In the days leading up to the congressional antitrust investigation against big tech, Financial Post highlights the work of Lina Khan, a lawyer whose published article “Amazon’s Anti-trust Paradox” set a precedent for addressing new age monopolies in a digital world. With Khan’s rise to the House anti-trust subcommittee, OMI’s Executive Director Barry Lynn is cited for his past work with Khan on the anti-trust policy unit for New America.
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Claire Kelloway writes about the overwhelming control exerted by delivery apps, and the sustainability of restaurants in the midst of this era.
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Sandeep Vaheesan, OMI’s legal director, told BBC News’ Sooraj Shah about the inherent risks in acquisition deals, noting the nuances of an increasing reliance on big tech companies. "All of them will be in the M&A [mergers and acquisitions] game if they're not already. Start-ups are more likely to sell out during the pandemic when they might struggle to meet their obligations and the buyout looks especially attractive - the pandemic is speeding up the buyout date in some cases," says Vaheesan.
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Next TV’s John Eggerton reports on the Banning Microtargeted Political Ads Act, proposed by Rep. Anna Eshoo (D-Calif.), which will work to prohibit varying platforms, sites and ad networks from using data-driven political ads that include disinformation and/or misinformation.
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Bloomberg quotes Barry Lynn, executive director of Open Markets, on rising concentration in the wake of the Covid-19 pandemic.
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Brandi Collins-Dexter of Color of Change says deleting your Facebook account isn’t enough—the company must be pressured at the top. And right-wing board members “shows you what their intentions really are.”
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Open Markets Legal Director, Sandeep Vaheesan, published an op-ed in Harvard Law Review on June 9, 2020, discussing the need to overcome the most recent antitrust suit brought about in NCAA college basketball in the Ninth Circuit court.
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Open Markets Institute policy analyst, Daniel Hanley, published an academic article where he analyzes the ways in which big tech companies, including Google, Amazon, Facebook, Apple and Microsoft, engage in anti-competitive behavior as a means of retaining their users — essentially reducing the options for users to seek business elsewhere.
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We grieve with the many families and communities who have lost loved ones to anti-Black violence. And we join Black organizers, leaders, and activists in solidarity since the murders of George Floyd and Breonna Taylor by police.
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Open Markets Institute, The American Prospect, United for Respect, and Change to Win, deep dive on how antitrust, labor law and policy, can be used to promote a pro-worker anti-monopoly agenda.
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