Open Markets Institute
10.8K posts
Open Markets Institute
@openmarkets
We are a group of journalists & scholars in policy & economics working at the vanguard of antimonopoly to achieve victories that empower everyone.
- A shrinking number of giant multinational corporations wield tremendous power over the foods we grow, buy, and consume in America. We've joined @Participant & partners to premiere "Food, Inc. 2" & launch a critical impact campaign to address the problem participant.com/campaign/food-…
- Replying to @openmarketsHere's @RepAOC on the loophole that allows family offices to avoid disclosing their size, portfolio, and leverage. ⇘
00:00 - Looking for a prime example of how monopoly chips away at our democracy every day? Gigi Sohn is a longtime, dedicated champion of a freer & fairer internet & a generally wonderful person. She would have been fantastic at the FCC.BREAKING: Biden FCC nominee Gigi Sohn has withdrawn her nomination following massive industry lobbying. AT&T, Verizon, and Comcast ran a ruthless campaign to kill Sohn's nomination because she supports net neutrality and low-cost broadband.
00:00 - Replying to @openmarkets20 of the 25 richest Americans pay little to no taxes using the advantages and lack of transparency in family offices. Not OK!!! Absolute fire 🔥🔥🔥 from @AOC⇘ openmarketsinstitute.org/publications/f…
00:00 - Capitalism without rules often results in theft, to paraphrase one of our allies, @SenWarren. Like Big Banks charging us far more 💰 in overdraft fees than the costs they incur from them. @CFPB @chopracfpb will have a new rule soon to crack down.
- Pro-monopoly & pro-concentration of corporate power & control. Those are the policies the Trump admin has espoused in firing fair competition enforcers and revoking an executive order to revitalize fair competition across markets. And prices are still sky high. No surprise.This is the Biden executive order Trump just overturned.
- Amazon during a pandemic: - Won't spend $ to increase worker wages more than 6% - Won't spend $ to shell out for better health benefits Also Amazon during a pandemic: - Spends ~18 MILLION DOLLARS on lobbying D.C.
GIF - NEW / Coming to your screens tomorrow (previewed by @semaforben): Barry Lynn penned @Harpers October cover story on the progress of our antitrust revolution and the radical changes still needed in order to preserve liberal democracy.
- TODAY at 9:30 AM ET: @SenWarren, @JusticeATR's Jonathan Kanter, @ayadakhtar, @FlyingWithSara, @rashadrobinson, @zingales, @Rob_Weissman & more join our conference on the power of antimonopoly. #RebuildDemocracy #StopMonopolies Tune in: openmarketsinstitute.org/publications/t…
- NEW TODAY: @USDA just released a critical interim report exposing all the anticompetitive & exclusionary tactics that new meatpackers are up against: slotting fees, opaque accrual fees, category captains, & kickbacks. 🧵 1/4 @clairekelloway weighs in:
- #FoodInc2 shows how industries like meat processing & baby formula have dramatically consolidated in our lifetimes, putting workers & consumers at risk. It also showcases real solutions: like robust antitrust & labor law enforcement. Give it a watch.
- NEW REPORT: The Role of #Hospital Monopolies in America’s Health Care Crisis presents insights into how the astronomically high cost of health care in the U.S. is a result of increasing corporate concentration of #hospital ownership. Read it here: openmarketsinstitute.org/releases/new-r…
- Replying to @openmarketsAnd more 🔥🔥 from @rakeen_mabud: "The just-in-time supply chain exists because mega corporations are focused on maximizing short-term profits and part of how they do that is by eroding worker pay, eroding worker conditions, eroding worker benefits, and eroding worker power."
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