Attempted Firings Jeopardize Critical FTC Lawsuit Against ‘Big Three’ PBMs
April 2, 2025 – In response to the news that the Federal Trade Commission (FTC) has paused its lawsuit against the three largest pharmacy benefit managers (PBMs) for engaging in an allegedly illegal rebate scheme that inflated insulin list prices, the American Economic Liberties Project released the following statement.
DOJ Must Block Court-Declared Monopolist Google’s $32 Billion Power Grab for Wiz
March 18, 2025 – In response to news that Google is acquiring world’s largest cybersecurity unicorn Wiz for $32 billion—the most expensive acquisition by far in the serially-acquisitive company’s history—along with reporting that Google will have to pay a termination fee of $3.2 billion if the deal doesn’t go through, the American Economic Liberties Project released the following statement.
Economic Liberties Applauds WA Senate For Advancing a Ban on Algorithmic Rent-Fixing in Housing Market
March 14, 2025 – Following news that the Washington State Senate has advanced SB5469, a bill designed to ban algorithmic rent fixing and noncompete agreements in the rental housing market—sponsored by Sen. Jesse Saloman and passed with a 29-19 vote—the American Economic Liberties Project released the following statement.
Economic Liberties Applauds Massachusetts AG’s New Junk Fees Regulations
March 3, 2025 -- Following Massachusetts Attorney General Andrea Joy Campbell’s announcement that the state will implement new regulations to ban the use of mandatory, deceptive “junk fees” across the economy by making clear that they are illegal under Massachusetts law, the American Economic Liberties Project released the following statement.
Economic Liberties Letter Calls on House E&C Subcommittee on Health to Advance PBM Structural Reform
Prior to today’s hearing on pharmacy benefit manager (PBM) reform at the House Committee on Energy and Commerce Subcommittee on Health (the Subcommittee), the American Economic Liberties Project sent a letter calling on the Subcommittee to advance legislation to re-structure the PBM market. The letter follows Economic Liberties’ launch of its Break Up Big Medicine initiative, which has already mobilized more than 56,000 people to call on policymakers to eliminate the structural conflicts of interest that sit at the heart of the healthcare industry.