For press requests, please contact Jimmy Wyderko at jwyderko@economicliberties.us or 301-221-7778.


OCC Chief Hsu Sides With Big Banks and Lobbyists Over Small Business, Consumers by Seeking to Block Illinois Interchange Fees Law

October 8, 2024 — Following news that Office of the Comptroller of the Currency (OCC) issued an amicus brief asking the a court to invalidate “The Illinois Interchange Fee Prohibition Act,” which seeks to ban credit and debit card issuers from charging interchange fees on taxes and tips, the Lower Credit Card Fees Coalition today released the following statement.

Governor Newsom Vetoes CA AB 3129 (Wood), Thwarting Years-long Effort to Protect Healthcare From Private Equity

October 2, 2024 — Following news that California Governor Gavin Newsom has vetoed AB 3129, a bill that would have given the California Attorney General’s Office greater ability to review and block private equity firms or hedge funds from purchasing healthcare facilities (so-called “roll-up”), and to prohibit private equity or hedge funds from interfering in the practice of medicine by medical professionals (“private equity practice of medicine”), the American Economic Liberties Project released the following statement.

DOJ Backs Healthcare Workers in Class-Action Lawsuit Against UPMC’s Abuses

October 1, 2024 — In response to news that the Department of Justice Antitrust Division has filed a statement of interest supporting healthcare workers in a class-action antitrust lawsuit against the University of Pittsburgh Medical Center (UPMC) — which alleges that UPMC weaponizes its monopsony power to suppress wages, illegally fight unionization, and trap employees with “do not hire” blacklists — the American Economic Liberties Project released the following statement.

Economic Liberties Applauds Proposed Philadelphia Law to Ban Algorithmic Rent-Fixing

September 27, 2024—In response to news that Philadelphia Councilmember Nicolas O’Rourke has introduced a bill to ban algorithmic price setting in the rental housing market, the American Economic Liberties Project released the following statement.

Economic Liberties and Partners Call on FTC to Block McKesson and Cardinal Health Acquisitions

September 26, 2024 — The American Economic Liberties Project, along with five other advocacy organizations, sent a letter to the Federal Trade Commission (FTC) today urging the agency to block two major acquisitions proposed by McKesson Corporation and Cardinal Health, which are both seeking to acquire management service organizations (MSOs) that oversee oncology practice networks. As Americans continue to struggle with high drug prices, the letter argues these deals would further entrench the dominance of these pharmaceutical distribution giants, exacerbate drug shortages, and raise costs for cancer patients.