56 State Legislators from 22 States Submit Comment Supporting FTC/DOJ Corporate Merger Guidelines
September 18, 2023 — The American Economic Liberties Project and State Innovation Exchange released a statement following a group public comment submission, signed by 56 state legislators from 22 states, supporting the Federal Trade Commission and Department of Justice’s proposed updated merger guidelines.
Arm’s Successful IPO Shows FTC Was Right to Block Merger With Nvidia
September 14, 2023 — Today, U.K. based chip designer Arm went public in the largest IPO since 2021, two years after a Federal Trade Commission suit to block its merger with Nvidia — which led to the parties abandoning the deal. In response the American Economic Liberties Project released the following statement.
FTC Condemns Sham Orange Book Listings Driving High Drug Prices
September 14, 2023 — Following the Federal Trade Commission’s vote to pass a policy statement condemning improper listing of patents in the Food and Drug Administration’s (FDA) Orange Book, the American Economic Liberties Project released the following statement.
Advocates Urge End to Visa-Mastercard Duopoly
September 14, 2023 — Along with 12 other advocacy groups, the American Economic Liberties Project and Americans for Financial Reform today sent a letter to a bipartisan set of congress members, urging them to pass the Credit Card Competition Act (CCCA) to address significant market failures in the credit card payment network. The American Economic Liberties Project also released a new policy brief to demystify the CCCA and debunk claims from its big business detractors. The letter and policy brief come ahead of a promised vote in the Senate this term.
Congress Must Rein in GPO Kickbacks to Address Drug Shortages
September 14, 2023 — Ahead of the House Energy and Commerce Subcommittee on Health’s hearing today on legislative proposals to address generic drug shortages, the American Economic Liberties Project released the following statement.