Vanity 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.
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Bloomberg 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."
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Open Markets Institute Director of Enforcement Strategy Sally Hubbard has published a piece on CNN Business describing the extent of the concentration crisis in America and how monopoly is killing the American Dream. While big tech remains in the crosshairs for lawmakers and the 2020 presidential candidates, as seen during the first night of the Democratic debate, Hubbard emphasizes that the monopoly problem extends far beyond tech, crippling economic growth, raising prices, depressing wages, and making life increasingly harder for average Americans.
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AP 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.
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NPR'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.
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Sarah explained the significance of CWA joining the Freedom From Facebook Coalition.
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Matt Stoller's tweet called out AT&T for raising prices.
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