September 22, 2023 — On September 21, Insider revealed a search partnership between TikTok and Google for Google to become a search option within the TikTok app. This is a significant development given Google is in a federal courtroom defending itself in a trial initiated by the Department of Justice which argues that the $1.7 trillion company illegally locks out its competitors in the search engine market. In response, the American Economic Liberties Project released the following statement.
September 21, 2023 — Following news that the Federal Trade Commission has filed a lawsuit against U.S. Anesthesia Partners (USAP) and private equity firm Welsh, Carson, Anderson & Stowe alleging that the two monopolized the anesthesiology market in Texas through serial acquisitions, price-setting schemes, and a market allocation agreement, the American Economic Liberties Project released the following statement.
Attorney General Garland Commits to Strengthening Antitrust Division and Curbing Concentrated Corporate Power
September 20, 2023 — In an exchange at the an oversight hearing today in the House Judiciary Committee, Department of Justice Attorney General Merrick Garland publicly committed to returning $50 million in appropriations funding from merger filing fees back to the Antitrust Division, after being probed by Representative Ken Buck, one of Congress’ most stalwart advocates for robust antitrust enforcement. In response, Economic Security Project Action and the American Economic Liberties Project released the following statement.
September 18, 2023 — In response to news that the Federal Trade Commission has named three Amazon executives in an amended complaint against the company’s use of deceptive patterns to make it near-impossible for users to unsubscribe from Amazon Prime, the American Economic Liberties Project released the following statement.
New Poll: Super Majority of Americans Believe Google Has Too Much Power; Want Search Engine Competition
September 19, 2023 — A new poll commissioned by American Economic Liberties Project and Fight Corporate Monopolies finds that 60% of Americans across party lines believe big tech giants like Google “have too much power in the market, which puts competitors at a disadvantage and hurts both smaller businesses and consumers.”