Regulators and Enforcers Must Rein in Bank Consolidation, New Report and Coalition Argue
June 20, 2023 — Ahead of remarks from Assistant Attorney General for Antitrust Jonathan Kanter this morning on banking mergers, the American Economic Liberties Project today released a new report: "Revitalizing Bank Merger Enforcement To Restore Competition and Fairness in Banking.” Shedding light on the alarming consequences of bank consolidation in the United States, the report urges policymakers to strengthen bank merger controls and step up merger enforcement. Alongside the report, a coalition of 17 groups, including Americans for Financial Reform and the AFL-CIO, wrote to the major banking regulators, urging them to use their powers to fight bank consolidation.
Live Nation-Ticketmaster’s Promises Are No Substitute for Break Up
June 15, 2023 — In response to Live Nation-Ticketmaster’s announcement at the White House today, which unveiled a voluntary all-pricing policy, the Break Up Ticketmaster Coalition released the following statement.
New Report Exposes Live Nation-Ticketmaster’s Monopoly Control of Top Arenas and Amphitheaters Worldwide
June 15, 2023 — Ahead of a White House event featuring Ticketmaster this afternoon, the American Economic Liberties Project today released a new report detailing — for the first time publicly — Live Nation-Ticketmaster’s ownership and ticketing control of the top 100 amphitheaters and 100 arenas worldwide.
EU Joins U.S. Enforcers in Demanding Break Up of Google’s Advertising Monopoly
June 14, 2023 — In response to a preliminary view issued by the European Commission to Google, finding that the company breached EU antitrust rules and ordering a divestiture of parts of its digital advertising business, the American Economic Liberties Project released the following statement.
Following deSouza Resignation, Illumina Must Abandon Illegal Merger with GRAIL
June 13, 2023 — In response to news that Francis deSouza is resigning from his position as CEO of gene sequencing company Illumina, Inc., the American Economic Liberties Project released the following statement.