Politico PRO: Anti-monopoly group raises alarm about BlackRock, other big asset managers
November 24, 2020 — Economic Liberties’ Senior Fellow Graham Steele spoke to Politico about “The New Money Trust,” his new paper, which explains the concerning implications of Blackrock, State Street and Vanguard’s growing dominance in asset management.
CNN Business: BlackRock and the $15 trillion fund industry should be broken up, antimonopoly group says
November 24, 2020 — CNN Business did a deep-dive into Economic Liberties’ Senior Fellow Graham Steele’s new paper on growing concentration in asset management and why the Biden administration should limit and break up the three biggest managers.
Financial Times: BlackRock should split off its Aladdin tech platform, says think-tank
November 24, 2020 — In an exclusive interview, Economic Liberties’ Senior Fellow Graham Steele spoke to the Financial Times about how BlackRock, Vanguard and State Street threaten the stability of financial markets and distort corporate governance.
Institutional Investor: There’s an Oligopoly in Asset Management. This Researcher Says It Should Be Broken Up.
November 24, 2020 — Institutional Investor featured Economic Liberties’ Senior Fellow Graham Steele’s new paper on the Big Three asset management firms, their impact on the economy, and why we should be concerned about their growing dominance.
Axios: Google Pay adds peer-to-peer payments and more
November 19, 2020 — Axios cited Economic Liberties’ Senior Fellow Graham Steele’s remarks regarding Google’s nightmarish effort to further entrench its market power and influence by expanding into banking.