Anti-Monopoly

Louisa Terrell, before becoming Biden’s director of legislative affairs, spent two years at Facebook at a key time.

On November 10th, eight groups sent a letter to Chair Khan urging the FTC to release documents shedding light on Commissioner Noah Phillips potential conflicts of interest as

Is the corporate media doing a good enough job of explaining the machinations and implications of a merger between the nation’s two largest grocery chains?

Outgoing FTC Commissioner Noah Phillips recused himself from a recent FTC vote involving Amazon and BigLaw firm Covington & Burling. Revolving Door Project filed a FOIA request seeking information on Phillips’ post-employment plans and looked back on Phillips’ corporate-friendly record.

According to Marshall Steinbaum, Assistant Professor of Economics at the University of Utah, “This appointment signals that the CEA isn’t on board with the administration’s anti-monopoly agenda.” And that could be dangerous.

Rising gas prices may not be a problem of the Biden administration’s making, but they are a problem it cannot afford to ignore. People across the country are feeling their effects, with some groups like gig workers and those in the trucking industry – which has seen an increase in layoffs as gas prices have risen – suffering more acutely. In the face of these difficult conditions, it is essential that the Biden administration take decisive action to ease the pain people are feeling right now and, in the medium-term, address the structural factors that created this crisis.

The Revolving Door Project published a new white paper, “The Revolving Door In Federal Antitrust Enforcement,” which presents new evidence of the extent and impact of the revolving door at both the leadership and staff levels between the Department of Justice Antitrust Division and the Federal Trade Commission and corporate-aligned entities.

The attempt to force Assistant Attorney General Kanter’s recusal has nothing to do with ethics and everything to do with the profit margins of Silicon Valley titans.

The Revolving Door Project and 27 groups sent a letter to Associate Attorney General Vanita Gupta Friday, urging her to promptly issue a recusal waiver for Assistant Attorney General Jonathan Kanter to work on the Department’s case against Google. The groups, including the American Economic Liberties Project, Demand Progress, the Institute for Local Self-Reliance, emphasized that ethics law does not require Jonathan Kanter to recuse and that Google’s attempts to insist otherwise is an effort to “bully regulators into submission.” 

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.