For press requests, please contact Jimmy Wyderko at jwyderko@economicliberties.us or 301-221-7778.


FTC Bags Another Merger Trial Victory, Blocking $8.5 Billion Tapestry-Capri Deal

October 24, 2024 — Following news that the Federal Trade Commission (FTC) has successfully blocked the $8.5 billion Tapestry-Capri merger—with US District Judge Jennifer Rochon issuing a preliminary injunction after ruling the deal would significantly reduce competition in accessible-luxury handbag market—the American Economic Liberties Project released the following statement.  

As NY AG James Ramps Up Investigation into Capital One-Discover Deal, Federal Enforcers Should Follow Suit

October 24, 2024 — Following news that the New York State Attorney General Letitia James has asked the state supreme court to issue new subpoenas as part of an investigation Capital One proposed $35 billion acquisition of Discover Financial Services, the American Economic Liberties Project released the following statement.

CFPB’s Finalized Open Banking Rule Delivers Major Win for Consumers and Competition

October 22, 2024 — Following the Consumer Financial Protection Bureau’s finalization of a rule designed to facilitate enhanced consumer access to financial data and promote competition—through a provision of the Dodd-Frank Act known as Section 1033—the American Economic Liberties Project released the following statement.

Fixing the Hurricane-Induced IV Fluid Shortage

October 9, 2024 — Following the widespread devastation resulting from Hurricane Helene, which temporarily closed Baxter International’s intravenous (IV) solution factory in Marion, North Carolina that makes 60% of the nation’s supply, and B. Braun’s IV solution factory in Daytona Beach, Florida — which makes another 23% and lies in the path of Hurricane Milton — the American Economic Liberties Project released the following statement. 

Governor Newsom Vetoes CA AB 3129 (Wood), Thwarting Years-long Effort to Protect Healthcare From Private Equity

October 2, 2024 — Following news that California Governor Gavin Newsom has vetoed AB 3129, a bill that would have given the California Attorney General’s Office greater ability to review and block private equity firms or hedge funds from purchasing healthcare facilities (so-called “roll-up”), and to prohibit private equity or hedge funds from interfering in the practice of medicine by medical professionals (“private equity practice of medicine”), the American Economic Liberties Project released the following statement.