Bloomberg's Sarah Frier writes a critical report about the Federal Trade Commission's $5 billion settlement with Facebook. She reports that the FTC’s antitrust investigation looks a lot less imposing given its privacy settlement with the company and speaks with Open Markets Senior Fellow Matt Stoller. “For any anticompetitive behavior they want to get away with, they’re going to say, ‘The FTC made us,’ ” Stoller told her. “That’s what they bought for $5 billion.”
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The Verge's Nick Statt speaks with Open Markets Director of Enforcement Strategy Sally Hubbard about Amazon's deal with Apple to bring direct iPhone sales to its platform for the first time. Hubbard believes the Amazon-Apple deal could be a violation of antitrust laws that deal with anti-competitive conduct like price-fixing and illegal market allocation.
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Fast Company reporter Ainsley Harris tells the story of Senator Mark Warner, a former telecom investor and entrepreneur, sounding the alarm on China’s advancement—and Big Tech’s misconduct. She speaks with Open Markets Senior Fellow Matt Stoller as part of the feature, describing Stoller as "another voice agitating for policy makers to address Silicon Valley’s 'concentrations of capital' and perverse incentives."
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POLITICO's Steve Overly writes about Silicon Valley's antitrust troubles in Washington and the confluence of probes America's biggest tech companies are facing. He reports that enforcers "have met with Barry Lynn, executive director of the Open Markets Institute." He also interviews Lynn who argues that strong antitrust action can alter the digital business models that have given rise to issues like disinformation.
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Yahoo Finance Associate Editor Katie Krzaczek reports on an interview of Open Markets Director of Enforcement Strategy Sally Hubbard by Yahoo Finance's YFI AM on the recent news that the Department of Justice is launching an antitrust review of big tech. Hubbard told Yahoo Finance’s YFI AM that “there is plenty there for enforcers to go after,” especially in its retail practices.
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Open Markets Legal Director Sandeep Vaheesan speaks to the AP's Barbara Ortutay and Rachel Lerman about Google as they report on Washington's growing antitrust scrutiny. In regards to Google's dominance, Google might argue it doesn't have an obligation to do business with its rivals at all — an argument that other companies have made when faced with similar challenges, said Vaheesan.
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Ahead of the July 16 House Antitrust Subcommittee hearing featuring big tech, Open Markets Deputy Director Sarah Miller tells Bloomberg's David McLaughlin and Ben Brody that tech companies are harming entrepreneurs. “These companies were the darlings of most Democrats and now the dynamic has changed profoundly,” she said.
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The American Prospect's David Dayen previews a week of hearing scrutinizing big tech. He cites Open Markets Director of Enforcement Strategy Sally Hubbard who said that the subcommittee investigation itself, more than public hearings, will drive recommendations for reshaping tech platform markets.
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The Open Markets Institute submitted a statement for the record before the U.S. House of Representatives Committee on the Judiciary Subcommittee on Antitrust, Commercial and Administrative Law on Online Platforms and Market Power, Part 2: Innovation and Entrepreneurship on July 16, 2019.
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Open Markets Executive Director Barry C. Lynn Al Jazeera’s Ben Piven regarding Amazon’s Monopoly power.
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NYT's reporter Nellie Bowles looks into how the right and left have come together to break up big tech writing that "Conservatives are showing up at largely liberal conferences to call for breaking up Facebook and Google. Liberals are going on conservative TV shows to do the same." She talks to Open Markets Senior Fellow Matt Stoller about the shift. “I always knew we were aiming at different things,” Stoller said. “Now, we have some of the same goals.”
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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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Deutsche Welle interviews Open Markets Deputy Director Sarah Miller about the shift in attitude by American lawmakers to Silicon Valley and how big tech is now on Washington's crosshairs. "These corporations were really the darlings of American commerce, and it's hard to believe, as someone who has been working on these issues for three or four years, how quickly that has changed, not just among progressives, but also among conservatives here in the US," she said.
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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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