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Dear friends,
This time last week, our team was convening the first ever Anti-Monopoly Summit [[link removed]] ; today I’m writing to celebrate it! Our Summit was nothing short of a successful, joyful day which demonstrated the momentum and growth of the Anti-Monopoly movement — a movement for all people , not just antitrust lawyers and economists.
Together, in person, with more than 260 business owners, labor leaders, advocates, state and federal public officials — and 9,000 online supporters — we explored all facets of the anti-monopoly framework animating policymakers across the country, and the hurdles to sustain it.
We had a star-studded line up of plenary speakers from the Biden administration, agencies, Congress, and states who are each leading the charge to turn the page on decades of neoliberal policy and who have pledged to utilize their authority to forcefully take on corporate monopolies. We had keynote speeches from Senator Klobuchar, NEC Director Brainard, NLRB General Counsel Abruzzo, CFPB Director Chopra, and Secretary Buttigieg, along with plenary conversations featuring FTC Chair Khan, AAG Kanter, Congresswoman Summer Lee, and New York Senator Gianaris . And closed out the day with President Joe Biden himself [[link removed]] , who emphasized his administration’s commitment to “ reverse the decades of concentrated corporate power, continuing to lower prices for consumers, and increasing opportunities for workers and small business owners .”
For our team at Economic Liberties, this day was a capstone to the important work we have been doing, alongside our partners, since we launched three years ago. It demonstrated indisputably the power and political salience of the anti-monopoly movement. And we will continue to to build on this momentum [[link removed]] .
Below are some highlights of the day. If you were unable to catch it live, you can watch mainstage sessions from the Summit here [[link removed]] , or read key coverage in Politico [[link removed]] , MarketWatch [[link removed]] , BloombergLaw [[link removed]] , and PoliticoPro [[link removed]] .
We hope you’ll take a look!
Break ‘em up!
Economic Liberties team
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“Competition is a fundamental American value at the beating heart of capitalism. It’s a key pillar of our economic agenda — it has to be.”
Lael Brainard, Director of the National Economic Council
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“You can only have an economy that works, if the government is willing to take on the standing army of monopolists.”
Senator Amy Klobuchar
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“Antitrust and antimonopoly is about people. It’s about making people’s lives better, making democratic and capitalist society more productive, more fair, more open, more accessible.” "We are fully activating the tools and the laws that Congress charged us with administrating."
Jonathan Kanter, Assistant Attorney General of the Department of Justice Antitrust Division Lina Khan, Chair of the Federal Trade Commission
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"We’ve developed really critical partnerships with the FTC, DOJ Antitrust, CFPB – our goals are the same: to stop deceptive and unfair practices, to address misclassification, to address employment structures that restrain competition."
Jennifer Abruzzo, General Counsel of the National Labor Relations Board
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"My intention is to ensure by the end of this term, we will be able to say that this administration has brought in the biggest expansion in transportation consumer protection enforcement and passenger rights, since deregulation itself. That is our goal."
Secretary Pete Buttigieg
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“The Executive Order on Promoting Competition is not just a piece of paper, it’s a living practice and that is key to making it work.”
Tim Wu, Former Special Assistant to the President for Technology and Competition Policy
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