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April 05, 2022

Dylan Gyauch-Lewis Andrea Beaty

Blog Post Anti-MonopolyDepartment of JusticeFTCGovernment Capacity

Putting Biden’s Antitrust Budget Increases In Context

The federal government may no longer be operating under the onus of Trump-era austerity, but agencies across the federal government are still far from having the resources they need to quickly and effectively fulfill their responsibilities to the American people. For the most part, President Biden’s proposed FY 2023 budget fails to fill that gap. However, increased funding for antitrust regulation is one of the bright spots in an otherwise uninspired budget. As we have covered in the past, both the Federal Trade Commission (FTC) and the Department of Justice’s Antitrust Division (ATR) saw staffing levels stagnate and budget allocations that did not keep pace with inflation or GDP growth. 

March 11, 2022

Hannah Story Brown Dylan Gyauch-Lewis

Press Release ClimateExecutive BranchFinancial RegulationIndependent AgenciesRevolving Door

Carbon Offset Legitimization Would Undermine Climate Progress, New Report Argues

The Revolving Door Project released a new “Industry Agenda” report today breaking down the systemic flaws and increasing relevance of the carbon offset industry as the favored greenwashing strategy for big industries and high-polluting nations. The report highlights the policies and executive branch agencies of interest to players in both voluntary and compliance carbon markets in the United States.

March 02, 2022 | Revolving Door Project Newsletter

Dylan Gyauch-Lewis Max Moran Toni Aguilar Rosenthal

Newsletter Corporate CrackdownDepartment of JusticeEconomic PolicyFinancial Regulation

What Can Biden Actually DO From His State Of The Union?

If there’s one thing the readers of this newsletter definitely haven’t read yet today, it’s a reaction to last night’s State of the Union address.

Like many, we were hoping to see President Joe Biden adopt a new overall message to the American people as his poll numbers have sagged and Democrats brace for a rough midterm election in just eight short months. We’ve been making our pitch for the last few months about what that message should be: Biden ought to use his powers to crack down on corporate villains, and heavily publicize doing so. The ubiquity of already unpopular enemies and latent presidential powers gives Biden the chance to clarify to the public what exactly he stands for. Our Jeff Hauser and Max Moran laid out the case for this “Corporate Crackdown” message in Democracy Journal in January.

February 22, 2022

Dylan Gyauch-Lewis

Report Anti-MonopolyDepartment of JusticeGovernment Capacity

Making The Antitrust Division Competitive: A Look At Capacity As Biden Revitalizes Enforcement

The Department of Justice’s Antitrust Division (ATR) is, along with the Federal Trade Commission (FTC), the primary regulator of antitrust law and is responsible for ensuring markets’ competitiveness. In that capacity, it investigates corporate consolidation and allegations of collusion and anticompetitive practices that undermine the free market. ATR is also responsible for supervising mergers and acquisitions to ensure that companies cannot establish monopolies. While both ATR and the FTC share this objective, the two divide jurisdiction based on industry. ATR also investigates and prosecutes criminal antitrust violations.