DOJ Approval of Capital One-Discover Would be a Shocking Wall Street Giveaway
April 3, 2025 – In response to a report that the Department of Justice Antitrust Division will decline to challenge Capital One’s proposed $35 billion acquisition of Discover Financial Services, the American Economic Liberties Project released the following statement.
Tariffs Are Vital Tool to Rebalance U.S. Trade, but Trump Must Act Immediately to Stop Corporations from Using New Tariffs as Cover to Price-Gouge
April 2, 2025 – Today, as the Trump administration announces its tariffs plan, American Economic Liberties Project’s Rethink Trade Director, Lori Wallach, released this statement.
Attempted Firings Jeopardize Critical FTC Lawsuit Against ‘Big Three’ PBMs
April 2, 2025 – In response to the news that the Federal Trade Commission (FTC) has paused its lawsuit against the three largest pharmacy benefit managers (PBMs) for engaging in an allegedly illegal rebate scheme that inflated insulin list prices, the American Economic Liberties Project released the following statement.
Economic Liberties’ Morgan Harper Testifies Today in Senate Judiciary on Big Tech Remedies
April 1, 2025 – This afternoon at 2:30pm EST, Morgan Harper, Director of Policy and Advocacy at the American Economic Liberties Project, will testify in the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights for a hearing on “Big Fixes for Big Tech.”
DOJ Must Investigate Rocket’s Post-Corporate Pardon Acquisition Spree
April 1, 2025 – In response to news that Rocket Companies, America’s largest mortgage lender which also has its hand in other aspects of the homebuying business, is acquiring Mr. Cooper Group, America’s largest mortgage servicer, for $9.4 billion—just three weeks after Rocket entered an agreement to buy real estate brokerage and listing platform Redfin for $1.75 billion, and one month after the Trump Consumer Financial Protection Bureau dropped a lawsuit against Rocket for paying illegal kickbacks to real estate brokers who steer homebuyers to Rocket for loans—the American Economic Liberties Project released the following statement.