WIRED reports on the implications of the news of the FTC's $5 billion Facebook settlement and cites Open Markets Senior Fellow Matt Stoller in their reporting. “They can issue a really big fine, which is just a parking ticket,” Stoller recently told WIRED. “We don’t think a fine matters. We need a structural solution here.”
Read MoreOpen Markets Director of Enforcement Strategy talks to Jon Ward, host of Yahoo's Long Game Podcast on the case for regulating Facebook and Google. “The amount of data that Facebook and Google are collecting about the average person is absolutely insane, massive, widespread, ubiquitous, and I think honestly, a fraud on the American people that the people don't understand that this is happening,” said Hubbard.
Read MoreOpen Markets Director of Enforcement Strategy Sally Hubbard speaks to POLITICO about Google's acquisition of DoubleClick and how regulators failed to stop a merger that had a clear anti-competitive impact. “The DoubleClick merger is one of those deals you look back on and say, 'That was a mistake," Hubbard said.
Read MoreNBC News speaks with Open Markets Senior Fellow Matthew Stoller on the reaction of think tanks and advocacy groups backed by big tech to Senator Josh Hawley's proposed legislation aimed at the Silicon Valley giants. Stoller said last time he “saw this kind of collective temper tantrum by all their trade groups was" during the legislative battle over a pair of bills aimed at curtailing sex trafficking online, which altered Section 230.
Read MoreVanity Fair's Alison Durkee speaks with Open Markets Executive Director Barry Lynn about Congress' latest move against Facebook's proposed cryptocurrency, Libra. “This is a corporation that’s got fires all over the world with regulators. It’s only going to get worse,” said Lynn.
Read MoreBloomberg reporter Mike Dorning reports on how leading 2020 Democratic candidates view "antitrust action as long overdue" and that industries in the US could see a tougher stance from an incoming Democratic president. "Democratic presidential hopefuls are coming out in force against the rapid pace of corporate consolidation, a message to 2020 voters that gained volume during their first debates in Miami last week. They’re expanding their pledges to take on big tech, including Facebook Inc. and Alphabet Inc., to other industries."
Read MoreAP Reporter Matt O’Brien profiled House Antitrust Subcommittee Chair David Cicilline. This year he hired Lina Khan, a top attorney at Open Markets, to serve as a counsel to the subcommittee.
Read MoreNPR's Tim Mak talks to Open Markets Deputy Director Sarah Miller about how lawmakers are changing their perceptions about Silicon Valley's biggest corporations. "They had always been perceived by progressives as doing a social good, as socially progressive, as being from areas represented by progressives. ... So there really wasn't a perception that these companies were dangerous," said Miller.
Read MoreOZY’s Fiona Zublin tells the story of how concentration in the coffin industry is impacting the lives of average Americans.
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 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 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 MoreCBS News covers the House Judiciary Committee antitrust investigation scrutinizing Big Tech’s impact on the free press.
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