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As the Federal Trade Commission sets its sights on challenging Amazon’s dominance in online retail, Ron Knox argues in The Sling that the agency must leverage its most potent weapon against anticompetitive behavior: Section 5 of the Federal Trade Commission Act.… Read More
In a letter to the Federal Trade Commission, ILSR warned that control over cloud computing, the backbone of the modern economy, is dangerously concentrated. Amazon Web Services (AWS), which controls more than 40 percent of global cloud infrastructure, has exploited its position to lock-in customers, shut out rivals, and reap unfair advantages in its other non-cloud business lines. ILSR urges the FTC to use its authorities to open the market to needed competition.… Read More
Inflation in the grocery sector is a cover story for monopoly power, Stacy Mitchell explains on the Capitol Forum podcast. The real cost of groceries can be traced to Walmart’s predatory tactics and failed antitrust enforcement. … Read More
Mitchell goes on to highlight that last year, Amazon exploited its chokehold of the online retail sector by extracting more than $155 billion in fees from Amazon marketplace sellers, calling it, “an extraordinary measure of its monopoly power.”… Read More
Our new fact sheet explains how credit card monopolies and banks are imposing swipe fees — what is essentially a monopoly tax — to rake in profit at the expense of small business and consumers. Congress must take action. … Read More
Mitchell points to Amazon’s ability to bully and exploit other businesses through its integration across business lines as an example of why the bill is such “an important piece of legislation.”… Read More
As big retailers exploit their financial control over suppliers, independent grocers face extinction, creating food deserts and driving up prices for everyone. In the New York Times, Stacy Mitchell calls to resurrect the Robinson-Patman Act and restore fair competition in the warped landscape of the American food system.… Read More
This virtual event featured Federal Trade Commissioner Alvaro Bedoya alongside community leaders, independent grocers, and advocates—to examine the ways dominant retailers exert their power, how community leaders are fighting back, and what federal leaders must do to cultivate fairness in our food system.
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In an hour-long conversation with Arthur Phillips of MECEP, Stacy Mitchell talked about how concentrated corporate power has impacted Maine communities and what state leaders can do about it.… Read More
