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FEATURES

In the New York Times, Why We Need to Breakup Amazon and How to Do It

SUSAN R. HOLMBERG  |   OCT. 8, 2020

"A damning congressional report about Big Tech helps make the case to break up Jeff Bezos’ empire,” Stacy Mitchell writes in the New York Times.

Stacy outlines the three policy approaches that Congress must take, highlighting recommendations in the Committee's report, including its call for legislation that would split up Amazon and the other dominant tech giants. “Compelling Amazon to spin off its online marketplace, retail, cloud, and logistics divisions as distinct companies would eliminate its ability to exploit its dominance in one part of its business to thwart competition in another." CONTINUE READING.

Image via Illustration by Jim Datz; Photographs by Jorg Greuel and gerenme, via Getty Images

FEATURES

In the Washington Post, Why We Need to Revisit Antitrust Laws

SUSAN R. HOLMBERG  |   OCT. 8, 2020

In the Washington Post, ILSR Senior Researcher Ron Knox writes: “While the report itself falls in line with the other great anti-monopoly documents in the history of the U.S. Congress, it also situates the big tech companies in their historical context, likening them to ‘the kinds of monopolies we last saw in the era of oil barons and railroad tycoons.’”
 
Ron explains that investigations like this in the early and mid 20th century led to major reforms in antitrust, financial, and labor laws. These policy changes sharply curtailed corporate power and led to broader prosperity for more Americans.

Congress is again at a decisive antitrust moment. “Should Congress fail to act […] it risks handing over our economy and our democracy to the powerful private interests Americans have fought for a century to keep at bay.” CONTINUE READING.

Image via Denis Charlet/AFP/Getty Images

UPCOMING EVENTS

  • On Wednesday, October 14th, Stacy will talk about Amazon’s new kind of monopoly with Stanford’s Graduate School of Business. And on Thursday, October 15th, Stacy will speak on a Post Carbon Institute panel about the concrete actions we can take to build just and sustainable local economies. Both events are open to the public. 

WHAT WE’VE BEEN UP TO

ICYMI

Stacy Mitchell joined an online discussion with Jason Wiens, policy director for the Kauffman Foundation, and Brandy Bynum Dawson, director of Advocacy for the NC Rural Center. The conversation focused on several topics, including the policies needed to encourage rural entrepreneurship, the need for government to put more emphasis on helping small businesses rather than big businesses, the impact of the pandemic on small business, and the barriers faced by entrepreneurs of color. 

The video is organized into 6-short segments by topic. Watch them here.

NEWS STORIES WE'RE FOLLOWING

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