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FEATURES

Stacy Mitchell is Profiled in the New York Times

SUSAN R. HOLMBERG  |  MAY 1, 2020

ILSR Co-Director Stacy Mitchell was profiled in the New York Times by David Streitfeld. The article primarily focuses on Stacy’s efforts to oppose Amazon’s growing monopoly power, particularly as the pandemic exposes the company's exploitations:

Amazon workers were suddenly visible in a way they had never been before. Warehouse employees raised urgent questions about how safe they were from the coronavirus. Wildcat strikes were staged at several warehouses. While the number of workers involved was small, it was still the largest labor revolt in Amazon’s history.

“Amazon has never been more powerful, but the consequences of its power have never been more visible,” Ms. Mitchell said on Thursday. “It’s laid bare.”

As much as anyone, she gets the credit for that.

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FEATURES

Report: Banking Consolidation is Impeding Aid to Small Businesses

STACY MITCHELL  |   MAY 1, 2020

Fewer small businesses are receiving federal relief loans in states dominated by big banks, we find in a new analysis. 
 
While the uneven rollout of the Paycheck Protection Program (PPP) has been well-documented, this is the first analysis to explain the wide variation in how many loans were made in some states compared to others. It finds a strong correlation between the number of  loans issued in a state and the relative market share of that state’s small local banks. 
 
"States with a robust community banking sector will likely suffer fewer small business losses and less economic damage,” the report notes. The report includes data on all 50 states.
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WHAT WE ARE UP TO

  • Join Us May 5, 2020 at 1 pm, as Think Local First DC moderates the Local First National TownHall with the Institute for Local Self-Reliance, American Independent Business Alliance, American Sustainable Business Council, and Independent Business Alliance/Local First organizations across the United States to talk about what small businesses need to recover from the COVID-19 pandemic.
  • Nilay Patel, host of the Vergecast, interviewed Stacy on the pandemic's disruptions to our supply chains, the importance of competition, and the growing movement to regulate Amazon.
  • Politico quoted Stacy on Amazon lying to Congress about its tactics against rival retailers. Stacy asserted that "The House Judiciary needs to call Jeff Bezos to testify."
  • ILSR Legal Fellow Shaoul Sussman spoke at a Data & Society Network Talk on how Amazon is engaging in anticompetitive conduct.
  • ILSR joined several groups to petition the Department of Justice to block Liberty Media from acquiring iHeartMedia.
  • CNBC interviewed Stacy about Amazon exploiting the pandemic. “Amazon is making decisions that are in fact regulatory decisions. They get to pick winners and losers and which goods are allowed to reach customers and which are not.” 

ICYMI

Local businesses need our support to weather Covid-19 and its devastating economic fallout. We invite you to share this infographic on social media, or print it and post it around town. We can all do our part, including calling our elected officials to urge them to provide our small businesses, and their employees, with more financial support. READ MORE

ON THE PODCAST

In the latest episode of Building Local Power, Chris, John, Stacy, and Jess discuss the bumpy rollout of federal relief funding for America’s small businesses, which are facing an unprecedented crisis in the COVID-19 pandemic. Stacy offers a behind-the-scenes look at how the legislation to help small businesses was crafted, and explains why some large franchises, including chain restaurants and hotels, benefitted from the initial round of relief funding, while many small businesses did not. Listen to this week's episode.
 
 

NEWS STORIES WE'RE FOLLOWING



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