Discover and read the best of Twitter Threads about #ANTITRUST

Most recents (24)

Whew! Hey @DawsonSField

Peter Volino, a former Vice President at Industrial and Commercial Bank of #China Financial Services LLC (ICBCFS), pleaded guilty to #BidRigging conspiracy in a an antitrust charge.

#ButNothingsHappening #AntiTrust
The ICBCFS is a is a wholly owned subsidiary of the Industrial and Commercial Bank of China Limited (ICBC).
Read 5 tweets
DOJ announces Procurement Collusion Strike Force:
a Coordinated National Response to Combat #Antitrust Crimes and Related Schemes in Government Procurement, Grant and Program Funding
13 targeted districts
Official Procurement Collusion Strike Force website…
Read 3 tweets
Big drug players are driving independent pharmacies out of business. Many places are becoming “pharmacy deserts.”

I co-wrote this piece w/ @cthaxtonilsr about what’s happening — told through the story of an immigrant pharmacist in rural Maine. 1/…
@cthaxtonilsr Before Ben Okafor opened Family Pharmacy in Eastport – which is way up near the Canadian border -- there hadn’t been a pharmacy in the region for more than a decade.

Picking up a prescription meant a 40-minute drive, each way. 2/
@cthaxtonilsr What had happened to the pharmacies in Eastport? In the mid-2000s, there had been 2 local pharmacies. Then Rite Aid bought and closed both – banking on the fact that residents would drive to a Rite Aid in Bangor (2 hr) or Calais (40 min). 3/
Read 11 tweets
US Attorney for the Eastern District of #Michigan will be part of a DOJ announcement in DC tomorrow for the launch of the “Procurement Collusion Strike Force.”

Hold onto your butts!

👀 👇 👇 👇 👇
Here’s an update on the DOJ’s new “Procurement Collusion Strike Force.”

The force will be a partnership consisting of: Antitrust prosecutors, prosecutors from 13 US Atty offices (whew boy!), FBI, the DoD OIG, USPS OIG, and other OIGS! 🔥🔥

The task force will focus on the following types of crimes:

✔️ #Antitrust crimes

✔️ Bid rigging

✔️ Government procurement fraud

✔️ Grant fraud

✔️ Program funding fraud

✔️ Other related crimes

Read 9 tweets
1.) Is it just me or is everyone f’n brain washed into wanting a life devoid of freedom and happiness? Have people forgotten that WE make the world #economy work? We’re the consumers AND the work. The owners just facilitate between the groups & make a killing being middle men...
2.) If we ever broke free of our damn slumber & broke up these low competition industries there would be an entrepreneurial boom in the 2020s. Normal people will have opportunities to form businesses better than ever before without fear of reprisal from industry leaders...
3.) It’s absolutely imperative to expose these industry #Cartels who control every major revenue source in the world. There are 2,153 #Billionaires in the world who as a group, control more wealth & companies than the entire world population. They have boxed out small business.
Read 14 tweets
The dramatic collapse of public companies shown in this powerful chart is a one-two punch of--

1) gutted #antitrust enabling giant M&A deals that eliminate competition, and

2) #deregulation of capital markets enabling companies to raise $ in dark markets.

Together these forces drive:

- Concentration of economic power

- Abuses against working families & retirees

- Capture of govt

- Misallocation of capital & non-competitive capital markets, which harms economy & lowers retiree returns

And it gets worse. Right now the SEC — which is supposed to be the Investors Advocate — is driving multiple initiatives and proposals to concentrate economic power and eliminate transparency in capital markets even further. Let’s walk through several.
Read 29 tweets
This is a great thread about science and policy. #mssp668. Here are some thoughts as an economist who will be testifying in the House this Tuesday to advocate for stronger worker protection against anticompetitive behavior by employers. #antitrust… 1/n
Research findings by themselves never logically demand any particularly policy. Science is positive. Gap between what is and what ought to be cannot be bridged without some additional normative assumptions. 2/n
When we write economics papers and suggest some policy implications, these implications typically hold under the particular normative framework of standard economics, i.e. utilitarianism, cost-benefit, etc. @itaisher @bblockwood. 3/n
Read 11 tweets
In SF Superior Court this morning, waiting to find out if open statements will start in the @SutterHealth #antitrust trial. California AG Becerra sued Northern CA's largest healthcare provider last year, claiming it drives up costs for patients & insurers.…
@SutterHealth The judge just announced a settlement in principal in Sutter health antitrust case. there will be no jury trial, unless the class action settlement fails to get approval. Approval hearing expected in February or March 2020. @CourthouseNews
@SutterHealth @CourthouseNews On the eve of a months-long trial, Judge Anne-Christine Massullo announced a settlement in the California v. Sutter Health antitrust case. Trial was expected to last months. Details of the settlement remain confidential, but will eventually be revealed for judge's approval.
Read 4 tweets
Google Lobbying efforts in Bruxelles: 2011 - 2017 +500% ! the results? Very Bad for the European consumers ... For the 1st time in #Antitrust history in Europe, the culprit has to decide alone what will be his compliance Mechanism ... #Google #EU @Europarl_FR @Europarl_EN
For the 1st time in #Antitrust history, the victims of the abuse have to buy at the Culprit Shop!
7 millions alone in 2017 : we know now where this money goes: to prevent European consumers to have real unbiased price comparison services... Google has bought his way...… For the first time in Antitrust history, the victims have to pay the culprit … Google price comparison Case in EU: pouring big money works! @EU_Competition do you have extra salaries from Google Lobbyist?
Read 6 tweets
In light of the @BostonFed #HouseDivided2019 conference this weekend, here are a few tweets about my paper in the ANNALS of @TheAAPSS: Antitrust Enforcement as Federal Policy to Reduce Regional Economic Disparities…
@BostonFed @TheAAPSS This is part of a special issue on policy feedbacks, aimed at designing policies to meet current challenges while being politically durable and building momentum for further reform. Also featuring @awh @SamTrachtman @jonasmeckling @povertyscholar and more
@BostonFed @TheAAPSS @awh @SamTrachtman @jonasmeckling @povertyscholar My piece argues that regional economic inequality should be treated first and foremost as a national problem to be solved through federal policy, not just a matter for states and local governments
Read 15 tweets
"DoH" is an expression many associate with this guy 👇👇👇 rather than a web-based encryption technology at the center of political controversy.

DoH is a controversial technology that obfuscates which websites you look-up (and visit) by encrypting your DNS requests.

Its development recently drawing the ire of telcos, ISPs as well as UK and US regulators.

#doh #ietf #privacy 2/18
Now that I have had some time to recover from the fact that the opaque #IETF protocols I study are front-page news, here are some thoughts on DoH from an anthro who spends a lot of time w the companies that develop & implement it.

F R O N T P A G E… 3/
Read 18 tweets
What if I told you that #BigTech and #SocialMedia platforms are manipulating you, steering you toward #Health information that they think is right, rather than letting you evaluate content for yourself?

Commentary by @MaryamHenein (Thread 👇)…
Accredited professionals, meanwhile, who stand for #Health freedom and who criticize Big Anything, are losing posting privileges, getting banned, being buried, finding themselves deranked, and getting digitally assassinated.
Content is literally disappearing from the Internet along with our #Health choices.

It sounds conspiratorial because it is. Independent #Journalists and health experts are blowing the whistle. But it’s become a silent one.
Read 94 tweets
cc @POTUS #KAG 🕶🙌#UkraineIfYoureListening
“You don’t have to do this Joe;
You really don’t.”
Q: What’s a Peyseur?
A: Trustee; Patsy

Q: Did Joe use a “Blind Trust”?

Q: Who was the Trustee?

Q: Was his “Blind Trust” vacated & liquidated after he left office?

Q: What was the beginning & ending balance?

Q: How were the proceeds distributed?

Read 24 tweets
This morning, I’m testifying before @housebudgetdems about how economic inequality is harming our economy—and what policymakers can do to fix it…
GDP growth has been treated for decades by pundits and policymakers alike as synonymous with prosperity.

But where overall growth of the economic pie was once broadly representative of the lived experiences of most Americans, that is no longer true.
The distribution of wealth across U.S. households is now even more unequal than income:

The top 1% now controls 42% of all wealth and the top 0.1% controls more than 22% of all wealth in the U.S. economy--3x as much as a generation ago.
Read 19 tweets
Let's start from this point. Seems as good as any.
If they're making Seth Rich USB jokes ABOUT ME on X date, you can obviously tell they weren't sent by 'the Russians'. #RussiaGate was a hoax.
(Everything I've ever done has come from open sources)
Joel Benenson to John Podesta:
“I think we have to make examples now of people who have violated the trust of HRC and the rest of the team. People going forward need to know there are stiff consequences for leaking, self-promotion, unauthorized talking with the press. [con't.]
[...] No one – literally no one talked to the press in either Obama campaign without clearing it with campaign brass.”
Read 21 tweets
I previously posted a list of movies that detail either the importance of #antitrust, its consequences when enforcement is non-existent, and over all the negatives of big business. But I have to say @thegreathackdoc featuring @profcarroll tops them all.…
@thegreathackdoc @profcarroll @thegreathackdoc is the first film I have seen that clearly lays down the position that democracy and individual autonomy are at stake in the fight against big business - in this case the technology giants.
@thegreathackdoc @profcarroll The film details the frightening but very real consequences of allowing the tech goliaths to establish dominion over every aspect of our lives. While the film mainly features the events of the Cambridge Analytica Scandal & the role FB played, it avoids just talking about FB.
Read 5 tweets
"I realized that they were going to not only tamper with the elections, but use that tampering with the elections to essentially overthrow the United States."

Stick a fork in #Google, it's done.…

#Google has no problem with using the white supremacist capitalist patriarchy to intimidate whistleblowers:

"the police .. started banging on my door .. They called in the FBI, they called in the SWAT team. And they called in a bomb squad.”

Insider Zachary Vorhies also said "he sent those documents to the Department of Justice Antitrust Division."


Read 7 tweets
1. as you read Sara Carter's article, remember:
Google, Twitter, Facebook are UNDER #Antitrust INVESTIGATION at the DOJ.

Antitrust means these evil companies will be shattered into 1000's pieces.
There is no other solution.

*please retweet

2. the original [THREAD] on Google, Twitter, Facebook #Antitrust investigation is here: (dated July 23)

3. also we have multiple sources from the White House saying that President Trump has already drafted an Executive Order that tackles Google, Twitter and Facebook dirty tricks against Conservatives

>>please retweet

one link here (Politico):…
Read 11 tweets
The DOJ’s #AntiTrust Division started a review to look into how and if social media, search, and some online retailers might be stifling competition and/or harming consumers.

They’re also seeking info from the public and others in those industries.
I’m sure we can all guess who some of the companies are that they’ll review.

Twitter, Facebook, Google, Amazon to guess a few.
Read 3 tweets
Google, YouTube, Twitter, Facebook UNDER INVESTIGATION by the DOJ

2.- Thank you @JamesOKeefeIII ,
thank you @Project_Veritas
thank you Senator Josh Hawley @HawleyMO
3. also Amazon (Bezos, Washington Post) and the greedy Apple Inc are under #Antitrust investigation.

all Apple products are MADE IN CHINA, by the way...
iPhones, iPads are MADE IN CHINA

if you buy Apple, you help China.
Read 4 tweets
1) @realDonaldTrump @WhiteHouse @POTUS
#QAnon 3468...
Redrop 1841 ==> The illusion of choice - re: the corporate hold on media (propaganda) outlets & how big tech & social media platforms are in need of #AntiTrust investigations.
2nd image is a detail from 1841, focused on
2) #QAnon 3468 cont...
#GOOG, #Facebook & #Twitter.

1841 & Illusion chart are shown.
@TrumpStudents Tweet w/confirmation of the #DOJ's move 2investigate #SocialMedia.

DOJ website announcement image.…
@TrumpStudents 3) #QAnon 3468 continued...

#AppleInsider on the announcement of the #AntiTrust investigations.…
Read 7 tweets
New Q 7/22/2019 Ezra Cohen-Watnick VIP💥💥💥
Cohen-Watnick was brought into the US National Security Council by @GenFlynn
National Security Adviser and a former Senior Director for Intelligence Program
@POTUS ordered the Justice Department to hire Cohen-Watnick
@GenFlynn @POTUS Cohen-Watnick drew public scrutiny when it was revealed that he briefed @DevinNunes on classified intelligence concerning the Obama administration's surveillance of @POTUS
Who briefed Goodlatte & Gowdy on classified intel re: DOJ & FBI? #QAnon #WWG1WGA…
@GenFlynn @POTUS @DevinNunes [Be Ready] @POTUS says Mueller shouldn’t testify, warns hearing will backfire

👉If [#MUELLER] provides FALSE and/or MISLEADING testimony, will AG Barr be forced to DECLAS all documentation to ensure full public awareness of the TRUTH? #QAnon #WWG1WGA…
Read 13 tweets
@realDonaldTrump 1. The very important step in #SocialMedia is that #Tech-companies can no longer lock out #users by hiding behind "we are a private company & our rules apply"!

Social media today is part & parcel of #freespeech & participating in the public forum of ideas.

@realDonaldTrump 2. So #banning people from main #SocialMedia-sites is like a form of exile: "Your ideas are no longer wanted here!"

Access to social media today is like access to a phone 25 years ago - It is now a main tool of social interaction.

@realDonaldTrump 3. So rules, regulations, if need be laws, are required forcing #SocialMedia-companies to stop acting like an autocratic #BigBrother, #banning & muting people almost at will (hiding behind "our rules").

Read 5 tweets
As my colleagues have noted this article a couple times, a quick fact-check. @superwuster : "Zuckerberg wrote an email when he was acquiring Instagram that was disclosed in the New York Post, and it suggests he was buying Instagram because he saw it as a competitive threat."…
Post doesn't have the email; story relies on unnamed sources for email's existence. Its source for the claim "declin[ed] to say whether Facebook CEO Mark Zuckerberg himself had written it." Obv Wu may know more, but Post didn't say what he said it did.
(Bit of gossip that Post missed: they note that chair of FTC at the time of Instagram deal is now a partner at Davis Polk, but not that Facebook is a major client of Davis Polk. Leibowitz presumably walled off, but several DP lawyers now in-house at FB, incl GC Newstead)
Read 6 tweets

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