“Malicious Threat Actor” Accesses UnitedHealth Group’s Monopolistic Data Exchange, Harming Patients and Pharmacists
February 27, 2024 — Since last Wednesday, doctors, pharmacies, and patients nationwide have been having trouble prescribing, dispensing, and accessing prescription medication. The reason is that a ‘threat actor’ infiltrated the quiet but critical systems of Change Healthcare, a dominant health care electronic data exchange.
FTC and State AGs Sue to Block Kroger-Albertsons Merger, Protecting Consumers from Soaring Grocery Bills
February 26, 2024 — In response to news that the Federal Trade Commission (FTC) and a bipartisan group of 9 state attorneys general have sued to block grocery store Kroger’s $26.4 billion acquisition of its competitor, Albertsons, the American Economic Liberties Project released the following statement.
A Capital One–Discover Merger is Capital D Dangerous for the U.S. Financial System and American Consumers
February 20, 2024 — In response to news that Capital One is attempting to acquire Discover Financial Services for $35.3 billion, the American Economic Liberties Project released the following statement.
American Banker: Big banks charge higher credit card APRs than smaller issuers, CFPB says
February 18, 2024 — Morgan Harper is quoted in coverage of the CFPB's report finding that the largest credit card issuers charge significantly higher APRs than smaller issuers.
Big Banks’ High Credit Card Rates Underscore Need for Competitive Banking Reform
February 16, 2024 — In response to a new report from the Consumer Financial Protection Bureau showing that the largest banks charge 8-10% higher credit card interest rates than smaller financial institutions, the American Economic Liberties Project released the following statement.