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.
How Large Money Managers Control Our Economy and What We Can Do About It
November 24, 2020 — With growing interest in how a Biden administration may rein in Wall Street, the American Economic Liberties Project today released “The New Money Trust: How Large Money Managers Control Our Economy and What We Can Do About It.”
Buzzfeed-Huffington Post Merger Reveals Advertising Market Is in Crisis
November 19, 2020 - The American Economic Liberties Project released the following statement in response to reporting that BuzzFeed will acquire HuffPost in a stock deal with Verizon Media.