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Progress Report
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News, events, and must-read analysis from the Progressive Policy Institute.
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** As Europe shifts right, Biden must stand up for Ukraine
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By Tamar Jacoby
Director of PPI's New Ukraine Project
for The New York Post ([link removed])
Nearly 185 million voters in 27 European countries voted last weekend to elect representatives not to their own, national governments but to the European Parliament – the legislative arm of the European Union (EU).
The outcome was dramatic: a decided turn to the right, especially in the bloc’s two biggest member states, France and Germany.
The shift will have consequences for a range of European issues, most significantly the green transition, now likely to be much slower.
But it also has important repercussions for the US, underscoring the need for American global leadership on Ukraine and Russia.
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New from the Experts
Tressa Pankovits, Co-Director of PPI's Reinventing America's Schools Project: What U.S. Democrats Can Learn From UK Labour
⮕ RealClearWorld ([link removed])
Bruno Manno, PPI Senior Advisor: Career and Technical Education Clears New Pathways to Opportunity
⮕ Education Next ([link removed])
Betrayal on Britain’s south coast, ft. Claire Ainsley, Director of PPI's Center-Left Renewal Project
⮕ Politico EU ([link removed])
Alec Evans, PPI Policy Fellow: Enhanced Geothermal Systems: A Potential Renaissance for Appalachian Energy
⮕ PPI Blog ([link removed])
Trade Fact of the Week: The U.S. manufacturing trade deficit rose by over 60% from 2016 to 2021.
⮕ PPI's Trade Fact of the Week ([link removed])
NEW PPI REPORT
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The proposed Capital One-Discover Merger, announced in February, signals a shift in the motivation for consolidation in the banking and credit card services sector. Unlike previous mergers focused on building digital payment technology ecosystems, the merger combines a national bank with a credit card payment network, marking new territory for antitrust enforcement.
A new report by PPI's Diana Moss provides a comprehensive look at the potential impact of the merger on competition in credit card purchasing and lending. The report calls for rigorous antitrust scrutiny of the deal by the U.S. Department of Justice and unpacks major competition questions that are likely to surface in the DOJ’s antitrust review of the credit card side of the merger.
READ THE FULL REPORT ([link removed])
UK General Election Bulletin
This is the third of PPI’s weekly bulletin charting the course of the UK General Election, from PPI’s Claire Ainsley on the ground in the UK.
With less than two weeks to go before voters go to the polls in the UK, a change of governing party for the first time in 14 years is looking more and more likely.
It is important to note that any kind of parliamentary majority for the Labour Party would be a huge achievement. When Keir Starmer was elected leader of the Labour Party in April 2020, Labour were 26 points behind the Conservatives who had just won their fourth successive election and an 80-seat majority in parliament. Labour was a long way behind, and Starmer’s turnaround to the point where Labour looks electable again is nothing short of remarkable.
With a change of government looking closer in the UK, international attention on the election has increased.
Read Ainsley's full analysis of all the latest developments as the crucial election looms just 2 weeks away:
READ THE BULLETIN ([link removed])
Listen Up
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Radically Pragmatic
Taking on Ticketmaster: Why Competition Benefits Consumers
On this episode of Radically Pragmatic, Dr. Diana Moss, VP and Director of Competition Policy at PPI, sits down with Russ D'Souza, co-founder of SeatGeek, and Terrell McSweeny, former Commissioner of the FTC, to discuss the Live Nation monopoly story and how Ticketmaster's restrictive policies and contracts harm consumers.
Don't Miss These PPI Reports
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Staff Spotlight: Viraj Mehrotra
[link removed] Mehrotra ([link removed])
Antitrust and Competition Fellow
Viraj Mehrotra is an Antitrust and Competition Fellow at the Progressive Policy Institute. He analyzes mergers and court decisions in the latest antitrust disputes. He is passionate about legal developments in Antitrust and Competition Law on both sides of the Atlantic.
Viraj is a rising 3rd year law student at Arizona State University pursuing his Juris Doctor (JD) there. He also holds a Bachelor of Laws (LLB) in European Union Law from the University of Groningen in the Netherlands and an Advanced Diploma in Public International Law. Viraj has previously worked at law firms and Non-Profit Organizations in areas such as Antitrust, International Trade, Employment Law, and Administrative Law. His previous internship was at TechFreedom where he worked on Antitrust in the Tech Industry and with the Major Questions Doctrine on issues facing the Telecom and Energy Industries.
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