March, 10 2021, 11:00pm EDT
WASHINGTON
Ahead of today's Senate Antitrust Subcommittee's "Competition Policy for the Twenty-First Century: The Case for Antitrust Reform" hearing, the American Economic Liberties Project released a new dataset that finds that more than 80 percent of U.S. corporations valued at more than $100 billion have faced antitrust scrutiny at some point in the last thirty years, including monopolization claims, merger challenges, price fixing suits, and no-poach suits.
"This dataset shows that when firms are too big, they tend to abuse their dominance through illegal business practices," said Matt Stoller, Director of Research at the American Economic Liberties Project. "One way to stop the problem of corporate bigness from getting worse is to bar firms above certain size thresholds from engaging in mergers. Currently, stopping a merger requires costly antitrust litigation, significant prosecutorial discretion, and unwieldy rule of reason analysis by judges unequipped to handle market analysis."
"This dataset provides support for a Congressional ban on mergers above a certain size," added Stoller. "Legislative reform that holds certain business practices by dominant firms to be an illegal abuse of dominance would help protect against predatory conduct."
The dataset shows why a merger ban on companies valued at more than $100 billion is critical to rebalancing power in our economy towards working people, small businesses, and communities across the country. The dataset includes everything from Apple, valued at $1.953 trillion, to Walmart, valued at $361.81 billion, and Comcast, valued at $254.112 billion.
View the datasethere.
Learn more about Economic Liberties here.
The American Economic Liberties Project works to ensure America's system of commerce is structured to advance, rather than undermine, economic liberty, fair commerce, and a secure, inclusive democracy. Economic Liberties believes true economic liberty means entrepreneurs and businesses large and small succeed on the merits of their ideas and hard work; commerce empowers consumers, workers, farmers, and engineers instead of subjecting them to discrimination and abuse from financiers and monopolists; foreign trade arrangements support domestic security and democracy; and wealth is broadly distributed to support equitable political power.
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'We Have Run Out of Body Bags to Bury the Dead' in Gaza
A relentless series of assaults in central and northern Gaza by Israeli forces, according to reports on the ground, have killed numerous civilians—including children, rescue workers, and journalist—in recent days with no end in sight.
Dec 15, 2024
Rescue workers, children, and journalists are among the civilians killed by Israeli attacks in Gaza on Sunday, as the death toll continues to mount in a military campaign Amnesty International earlier this month said has all the markings of an active and ongoing genocide.
"Due to the rising Israeli bombings and killings in northern Gaza, we have run out of body bags to bury the dead," said Palestinian journalist Hossam Sabath, reporting from northern Gaza on Sunday. "Now we resort to using any piece of clothing or a blanket for their burial."
On the ground in the town of Beit Hanoun, where Israeli troops reportedly killed at least 20 people—including civilians—in a series of raids in the area on Sunday, Sabath said the the "scenes of charred bodies are too distressing for us to broadcast. However, they are part of the documented evidence of genocide involving the burning of people alive. We are ready to hand them over to any human rights organization."
According to the Gulf Times:
Israeli troops killed at least 22 Palestinians, most of them in the northern Gaza Strip, on Sunday in airstrikes and other attacks on targets that included a school sheltering displaced Gazans, medics and residents said.
They said at least 11 of the dead were killed in three separate Israeli airstrikes on Gaza City houses, nine were killed in the towns of Beit Lahiya, Beit Hanoun and Jabalia camp and two were killed by drone fire in Rafah.
Residents said clusters of houses were bombed and some set ablaze in the three towns. The Israeli army has been operating in the towns for over two months.
In Beit Hanoun, Israeli forces besieged families sheltering in Khalil Aweida school before storming it and ordering them to head towards Gaza City, the medics and residents said.
Al Jazeera's Hani Mahmoud, reporting from Deir el-Balah in central Gaza, quoted witnesses who reported "severe injuries" among those who survived the attacks further north.
"They have nowhere to go because the Israeli military forces are encircling the area with tanks and armored vehicles, and hammering the school with heavy artillery," Mahmoud reported.
A family of four were among those killed, including two children, after the classroom where they were sheltering took a “direct hit” from Israeli artillery fire that arrived without prior warning, the outlet reported.
“Many of the injured are in the courtyard of the school and inside the other classrooms," according to Mahmoud. "They can't get any treatment because none of the hospitals in Beit Hanoon are operational."
Separately, Al-Jazeera reports Sunday that an Israeli bombing killed three members of the Palestinian civil defense search-and-rescue team in central Gaza's Nuseirat refugee camp. The new agency also reported that one of its own staff, cameraman Ahmed al-Louh, was killed in the same attack.
Ahram Onlinereports:
In its first response to the incident, Gaza's government media office condemned the killing of al-Louh and called on the international community to act against the systematic crimes against Palestinian journalists. "The number of martyred journalists has now risen to 195 with the martyrdom of colleague Ahmed al-Louh," the office stated.
Al Jazeera reiterated its condemnation of the attack, describing al-Louh's death as part of a broader assault on press freedom in Gaza. "Ahmed al-Louh was dedicated to documenting the realities of the ongoing conflict under the most dangerous conditions," the network said.
"The unprecedented killing of journalists by the Israeli military continues with impunity," said fellow reporter Sharif Kouddous.
On Dec. 5, Amnesty International released a 296-page report—featuring interviews with survivors and witnesses of Israel's large-scale campaign of bombing, displacement, arbitrary detention, and destruction of Gaza's agricultural land and civilian infrastructure—that conclude what Israel has been doing in Gaza amounts to genocide.
"Month after month, Israel has treated Palestinians in Gaza as a subhuman group unworthy of human rights and dignity, demonstrating its intent to physically destroy them," said Agnès Callamard, Amnesty's secretary-general, upon release of the document. "Our damning findings must serve as a wake-up call to the international community: this is genocide. It must stop now."
As the weekend's latest catalog of death and injuries suggests, it has not stopped.
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'No Way' We Let Trump Privatize Postal Service, Say Progressives
Instead of privatization, said one Democratic lawmaker, "Fire his former pick for postmaster, DeJoy, and let a real professional run it like it should be run. The first priority is delivering mail. Cut the Pentagon's bloat if you want to save money."
Dec 15, 2024
After weekend reporting indicated President-elect Donald Trump is actively thinking about avenues to privatize the U.S. Postal Service, progressives decried any such efforts and once again directed their ire on the much-reviled Postermaster General, appointed to run the USPS during Trump's first term.
Citing people familiar with recent talks within the incoming team's camp, the Washington Postreported Saturday that Trump is "keen" for a privatization scheme that would hand the USPS over to for-profit, private interests.
According to the Post:
Trump has discussed his desire to overhaul the Postal Service at his Mar-a-Lago estate with Howard Lutnick, his pick for commerce secretary and the co-chair of his presidential transition, the people said. Earlier this month, Trump also convened a group of transition officials to ask for their views on privatizing the agency, one of the people said.
Told of the mail agency's annual financial losses, Trump said the government should not subsidize the organization, the people said. The people spoke on the condition of anonymity to reflect private conversations.
Trump's hostility to government programs that serve the public interest—including Medicare, Social Security, public education, and consumer protection agencies—is well-documented.
"The United States Postal Service is a crucial asset that was built and is owned by all of us, and there is zero mandate from the public to turn it over to an oligarch."
Trump's attacks on the Postal Service, including his blessing of the 2020 appointment of Postmaster General Louis DeJoy, a former logistics industry executive, sparked alarm about Republican desires to gut the agency from the inside out.
While calls to fire DeJoy from the USPS top leadership post persisted during the last year of Trump's first term and remained constant during Biden's time in office, he remains Postmaster General despite repeated accusations that his ultimate aim is to diminish the agency to such an extend that it will be more possible to justify its dismantling.
While the Post's reporting on Saturday stated that Trump's "specific plans for overhauling the Postal Service" in his upcoming term "were not immediately clear," it did quote Casey Mulligan, who served as a top economic advisor during the last administration, who touted the private sectors performance compared to a Postal Service he claimed was too slow and costly.
"We didn't finish the job in the first term, but we should finish it now," said Mulligan.
Progressive defenders of the Postal Service, in response, denounced any future effort to privatize the agency, one of the most popular among the U.S. public.
"The Post Office is in our constitution," said Rep. Mark Pocan (D-Wis.) on Saturday. "There is no way we let Donald Trump privatize it. Fire his former pick for postmaster, DeJoy, and let a real professional run it like it should be run. The first priority is delivering mail. Cut the Pentagon's bloat if you want to save money."
Former Ohio state senator Nina Turner also defended the USPS, saying that "72% of Americans approve of the U.S. Postal Service, it's how many seniors receive medication, especially in rural areas."
Progressive critics of right-wing attacks on the Postal Service have noted for years that the "financial performance" issues are a direct result of the "burdensome and unnecessary" pre-funding of liabilities mandated by the 2006 Postal Accountability and Enhancement Act, which forces the USPS to pay billions each year towards future postal worker retirement benefits.
"No matter what your partisan stripe," said Micah Rasmussen, director of the The Rebovich Institute for New Jersey Politics at Rider University, "we should be able to agree the United States Postal Service is a crucial asset that was built and is owned by all of us, and there is zero mandate from the public to turn it over to an oligarch."
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Holiday Season Ultimatum From Amazon Workers: Bargain or We Strike!
"If Amazon chooses to ignore us, they’re the ones ruining Christmas for millions of families. We’re not just fighting for a contract; we’re fighting for the future of worker power at Amazon and beyond."
Dec 14, 2024
Workers at a Amazon warehouse and delivery center in New York announced approval of strike authorizations on Friday, giving the retail giant—who have refused to negotiate for months—until Sunday to come to the bargaining table or risk a major work stoppage at the height of the holiday shopping season.
The unions representing Amazon workers at two New York City facilities—the JFK8 warehouse on Staten Island and the DBK4 delivery center in Queens—cited the company's "illegal refusal to recognize their union and negotiate a contract" to address low wages and dangerous working conditions as the reason for the strike authorization.
"We just want what everyone else in America wants—to do our jobs and get paid enough to take care of ourselves and our families. And Amazon isn't letting us do that."
"Amazon is pushing its workers closer to the picket line by failing to show them the respect they have earned," said Teamsters General President Sean M. O’Brien in a statement. "We've been clear: Amazon has until December 15 to come to the table and bargain for a contract. If these white-collar criminals want to keep breaking the law, they better get ready for a fight."
The workers are demanding:
- A living wage with fair pay increases.
- Safer working conditions to prevent injuries and fatalities.
- Job security and protection from arbitrary firings.
- Dignity and respect for all employees.
In June, over 5,500 workers at JFK8—who first voted in favor of creating a union in 2022—joined the Teamsters and chartered the Amazon Labor Union (ALU)-IBT Local 1. Despite consolidating their organizing strength with the backing of the Teamsters, Amazon management has dragged their feet on bargaining a first contract, hardly surprising given the company's long-standing hostility to organized labor.
"Amazon's refusal to negotiate is a direct attack on our rights," said Connor Spence, president of ALU-IBT Local 1, on Friday. "If Amazon chooses to ignore us, they’re the ones ruining Christmas for millions of families. We’re not just fighting for a contract; we’re fighting for the future of worker power at Amazon and beyond."
Rank-and-file members said their demands are reasonable, especially as the company—owned by the world's second-richest man, Jeff Bezos—continues to rake in massive profits year after year as one of the world's largest companies.
"We aren't asking for much," said James Saccardo, a worker at JFK8. "We just want what everyone else in America wants—to do our jobs and get paid enough to take care of ourselves and our families. And Amazon isn't letting us do that."
In Queens, where Amazon workers at DBK4—the corporation's largest delivery station in the city—voted nearly unanimously to authorize a strike of their own.
"Driving for Amazon is tough," said Luc Rene, a driver who works out of DBK4. "What's even tougher is fighting a mega-corporation that constantly breaks the law and games the system. But we won't give up."
"Every horror story you read about Amazon is true, but worse," said Justine, a warehouse worker in New York in a video produced by More Perfect Union.
BREAKING: Amazon workers in NYC are going on strike right before Christmas — the company's busiest time.
The first unionized Amazon warehouse is going to shut down in a historic walkout.
Workers plan to hit the company where it hurts to win their first union contract. pic.twitter.com/CwnrRWg4be
— More Perfect Union (@MorePerfectUS) December 13, 2024
A strike at this time of year, the busiest for the retail giant, reports labor correspondent Jessica Burbank for Drop Site News, "would hit them where it hurts. The scale of the strike would be unprecedented, including the major hubs of New York and San Bernadino, California."
According to Burbank:
Amazon now has a workforce of over 700,000, making it the largest employer of warehouse workers in the nation. If a contract is won at these initial 20 bargaining units, it has the potential to impact working conditions for thousands of workers, and inspire union organizing efforts at Amazon facilities across the country.
For Amazon workers who voted to unionize their warehouses in March of 2022, this has been a long time coming. “Thousands of Amazon workers courageously cast their ballots to form a union at JFK8 in Staten Island,” Smalls said in a text. “We shocked the world, we had won against a corporate giant and hoped that step would propel us forward to help create a better workplace.” For years, Amazon stalled on recognizing the union, and has not yet met union representatives at the negotiating table.
Smalls said, “I’m excited to see workers take control, take the next step and move even further down the path to victory when they exercise their right to strike.” He continued, “We celebrated as we inspired thousands of others to hope for the same.”
Sen. Bernie Sanders (I-Vt.) on Saturday issued his support for the union workers.
"Amazon delivery drivers and warehouse workers deserve decent wages, benefits and working conditions—and the right to form a union," said Sanders. "I strongly support the thousands of Amazon workers who will go on strike tomorrow if Amazon doesn't end its illegal union busting."
The workers at JFK8 said people could support the union's effort in various ways "at this critical time," including:
- Donate to the Solidarity Fund: Help workers sustain their fight by contributing to the strike fund.
- Show Up on the Picket Line: Join workers at JFK8 to demonstrate solidarity and hold Amazon accountable for their illegal refusal to negotiate a union contract.
- Spread the Word: Use social media and local networks to raise awareness about the workers’ struggle and the importance of their fight for justice at Amazon.
- Contact Elected Officials: Urge representatives to publicly support JFK8 workers and pressure Amazon to negotiate in good faith.
- Sign the Petition: Stand with Amazon workers and demand that Amazon guarantee a safe return to work, free of harassment and retaliatory disciplinary action, to all workers participating in protected collective action.
For his part, former labor secretary and economist Robert Reich said he had no sympathy for the retail giant's refusal to bargain in good faith with the workers who make its business model possible.
"Amazon had $15 billion in profits last quarter," said Reich. "Don't tell me they can't afford to bargain a fair contract."
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