From Sarah Miller, Executive Director of Economic Liberties <[email protected]>
Subject How You Can Help Address Our Monopoly Crisis
Date April 11, 2022 8:00 PM
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Hi ,
One of the most important trends in America has been the rise of bigger and bigger corporations. Over the last twenty years, three quarters of industries have gotten more concentrated, largely through corporate mergers. When firms turn into mega-monopolies, wages go down, there's less innovation, customer service gets worse, and there are fewer and fewer small businesses [[link removed]] .
Fortunately, the government is interested in ending the wave of mergers that is causing so much harm. And you can help!
FTC Chair Lina Khan and Assistant Attorney General Jonathan Kanter are drafting new merger guidelines that will shape how government enforcers evaluate proposed mergers. Normally these kinds of guidelines are written by lobbyists and economists behind closed doors, but this time enforcers asked for comments from normal people, like workers, businesspeople, engineers, artists, consumers, farmers, or anyone else. That means you!
So, give policymakers a piece of your mind. We’ve set up an easy site to help you do it.
You don’t need to be a policy expert, you just need to share your perspective. Here are some questions to help you frame your answer. Have you been through a merger? What was it like? Are mergers a good or bad idea in general? Do you think the government should be more aggressive in stopping mergers?
SUBMIT A COMMENT [[link removed]]
You have until April 21, 2022 to help address our monopoly crisis. For more information on the merger comment request from the FTC/DOJ, click HERE [[link removed]] .
Thanks for your support!
Sarah
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American Economic Liberties Project
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