Open Markets Director of Enforcement Strategy Sally Hubbard testified before the U.S. House Judiciary Committee’s Subcommittee on Antitrust, Commercial and Administrative Law.
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The Open Markets Institute released Volume II of America’s Concentration Crisis, which presents exclusive data on market concentration in the healthcare industry sourced from IBISWorld.
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The Open Markets Institute today issued a statement opposing Raytheon’s acquisition of United Technologies.
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Open Markets Institute strongly applauds the House Judiciary Committee’s announcement yesterday that it is launching a bipartisan “top-to-bottom” antitrust investigation of Silicon Valley’s biggest tech monopolies.
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After years of calling out Amazon, Google, Facebook, and Apple for abusing their monopoly power, Open Markets is cautiously optimistic that law enforcers finally intend to protect American democracy and American capitalism from these behemoths.
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The Open Markets Institute is thrilled that Laura Hatalsky has joined our team as Chief of Staff. Laura will help lead Open Markets’ strategic direction and engagement in the growing anti-monopoly movement.
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Open Markets commends Chairman Cicilline’s letter spotlighting the DOJ’s under-the-radar support for tilting the law even further for the benefit of the most powerful corporations.
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Open Markets Institute applauds the ruling by U.S. District Court Judge Lucy Koh siding with the Federal Trade Commission against Qualcomm in a major antitrust suit.
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As lawmakers’ calls to break up big agribusiness monopolies grow, Open Markets, Food & Water Watch and the Organization for Competitive Markets called on the U.S. Department of Justice (DOJ) to block the proposed acquisition of Iowa Premium by National Beef.
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“This is an important win in the public’s fight against monopoly in the tech sector and elsewhere,” said Open Markets Legal Director Sandeep Vaheesan. “The Court followed its own precedent and the plain text of the Clayton Act and rejected Apple’s specious attempt to exempt itself and other monopolists from consumer antitrust suits for damages.”
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Open Markets applauds Facebook co-founder Chris Hughes for publishing a courageous and groundbreaking essay in the New York Times advocating that the corporations he helped create should be broken up.
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If the FTC fails in its duty to enforce the consent decree and regulate companies like Facebook in meaningful ways, Congress should move to hold the FTC accountable for its failure to regulate and consider redirecting its funding to the State Attorneys General.
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Enforcers from around the world, from Germany to Washington, DC Attorney General Karl Racine and New York Attorney General Letitia James, are taking meaningful action against Facebook. It's time for Congress to investigate why the FTC has not.
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Open Markets calls on America’s antitrust enforcers to block the McGraw-Hill/Cengage merger. American students already pay outrageous prices for textbooks. The mega-merger of McGraw-Hill and Cengage will not lower costs for students, but will almost definitely result in higher prices.
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Open Markets has filed an amicus brief in support of the plaintiffs appeal in a case against syringe-manufacturing giant Becton, Dickinson & Co. (Becton). The plaintiffs, who are healthcare providers, allege Becton has raised the price and lowered the supply of conventional syringes, safety syringes, and safety IV catheters.
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“The FTC’s likely fine appears to be grossly insufficient to punishing Facebook for its outrageous behavior," stated Open Markets Executive Director Barry Lynn. "By failing to stand up for its own authority, the FTC appears, in turn, to be demonstrating complete disregard for the fundamental interests of the American people."
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Open Markets is pleased to see Mayor Buttigieg and Rep. O’Rourke consider the question of corporate power, but Buttigieg appears confused and O’Rourke appears to be sitting on the fence.
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Open Markets Institute applauds Senator Cory Booker (D-NJ) for calling for the break-up of the big tech platforms, and for accurately characterizing them as “engines for discrimination, harassment, misinformation and extremism.”
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