Regulators and Enforcers Must Rein in Bank Consolidation, New Report and Coalition Argue
June 20, 2023 — Ahead of remarks from Assistant Attorney General for Antitrust Jonathan Kanter this morning on banking mergers, the American Economic Liberties Project today released a new report: "Revitalizing Bank Merger Enforcement To Restore Competition and Fairness in Banking.” Shedding light on the alarming consequences of bank consolidation in the United States, the report urges policymakers to strengthen bank merger controls and step up merger enforcement. Alongside the report, a coalition of 17 groups, including Americans for Financial Reform and the AFL-CIO, wrote to the major banking regulators, urging them to use their powers to fight bank consolidation.
Business Insider: New report shows Ticketmaster controls the vast majority of the live event business, and any promises of ‘transparency’ just mean they’ll overcharge concertgoers more brazenly
June 17, 2023 — Business Insider detailed Economic Liberties' report on Ticketmaster/Live Nation, which exposes their monopoly and abuse of power.
The American Prospect: Ticketmaster Offers to Exploit Concertgoers More Transparently
June 16, 2023 — Economic Liberties' Senior Policy Analyst Krista Brown commented that the Live Nation-Ticketmaster pricing pledge does not change the fact that it still has a monopoly.
New York Times: A move to ‘end surprise fees’
June 15, 2023 — The New York Times detailed the Economic Liberties' recent report which provides insight into the Live Nation-Ticketmaster monopoly.
MarketWatch: ‘My daughter will be disappointed if I don’t take her to Taylor Swift’: White House targets junk fees — but why do we pay them?
June 15, 2023 — Economic Liberties' Policy and Advocacy Director Morgan Harper reminded consumers that Live Nation and Ticketmaster still have a monopoly despite pressure to disclose all its junk fees.