Hi Friend,

With Facebook’s Mark Zuckerberg, Google’s Sundar Pichai, Amazon’s Jeff Bezos, and Apple’s Tim Cook set to testify in the near future before the House Antitrust Sub-Committee, Economic Liberties is excited to share a new report we released today: "Understanding Amazon: Making the 21st-Century Gatekeeper Safe for Democracy."

Authored by Economic Liberties' Matt Stoller, Pat Garofalo, and Olivia Webb, our report demystifies what Amazon's strategy is, the range of abuses it engages in, and the steps policymakers should take to eliminate its extraordinary and unprecedented gatekeeping power over American commerce. 

Truly curbing Amazon’s dominance will require both structural separation of Amazon’s lines of business, as well as regulation over the resulting markets to ensure fair and open markets and prevent re-consolidation. The continued concentration of wealth and power in the hands of Jeff Bezos is not inevitable and policymakers are beginning to act. "Understanding Amazon" charts the path forward. 

Other ESSENTIAL READING

It's also a great time to revisit "Addressing Facebook and Google's Harms Through a Regulated Competition Approach" and "Ending Our Click-Bait Culture: Why Progressives Must Break the Power of Facebook and Google," key Economic Liberties' reports that explain how two of the world's most dangerous monopolies built business models toxic to democracy, civil rights, and public health. To turn these platforms into safe, neutral networks for communication, it is essential that we break them up and change our regulations to promote competition.

Warmly, 

Sarah

P.S. Zephyr Teachout, an attorney, advocate, Associate Professor at Fordham Law School, and a member of Economic Liberties' Steering Committee, has a new book coming out Tuesday! Pre-order Break 'Em Up: Recovering Our Freedom from Big Ag, Big Tech and Big Money here.