NOW: we're rallying outside an @amazon bookstore w/ workers, small businesses, and community members to launch New Yorkers for a Fair Economy.

It's time to keep abusive corporations accountable in our communities.

We are demanding for a #FairEconomyNow!
.@SenGianaris kicking off the rally. 👏

"Too much power is given to a few corporations. We must put teeth into our antitrust laws."
"We’re living another gilded age now and it is incumbent on us to pass legislation to really tip the scale in favor of workers." —@jessicaramos
🔥 from Eugene at @RWDSU.

"Amazon is a monopoly. And we’re going to stop them."
"We need strong antitrust legislation to hold abusive corporations accountable." —Anthony Castellena, @TeamstersJC16
"We are surrounded by monopolistic corporations. We are in the epicenter of the new gilded age." — @EmilyAssembly
"It’s time we do something about strengthening our antitrust laws. It’s a kitchen table issue that matters to workers, that matters to consumers." —@DickGottfried
"Abusive corporations have too much power over our economy and this must stop...These corporations are forcing small businesses in our communities to close. This is wrong." —Leroy Johnson, former small biz owner & member of @nychange
"This is an iron triangle of power. You've got labor, you've got small businesses, and you've got civil rights and community leaders coming together.

This triangle will not break." —@ZephyrTeachout
.@HarveyforNY puts big corps on notice.

"These large corporations are getting away with murder. They push all government — the federal government, the state government — to bend to their reality.

We're not going to take it anymore."
"Monopoly power is the biggest threat to small businesses and this bill does a lot to help them." —Katy Milani, @ILSR
Economic Liberties' very own @Pat_Garofalo up next!

"I talk to people every day, coast to coast, who are looking for ways to support small businesses, to support workers. This bill will do that."
We're so excited to stand w/ @ALIGNny, @nychange, @TeamstersJC16, @ilsr, @TheSOC, @RWDSU & @MaketheRoadNY to launch the New Yorkers for a Fair Economy coalition.

Learn more about the coalition ⬇️
bit.ly/nyfe2021

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More from @econliberties

10 Nov
NEW: Data released today from @BLS_gov shows the industries where inflation has skyrocketed in recent months.

But what has caused inflation to rise? Consolidated corporate power.

🧵⬇️ on how concentrated some of the industries experiencing the greatest rates of inflation are.
2/ Rental Cars 🚗
🔴Inflation: +39%
🟠Concentration: 50% market share by @avis, @enterprise, and @hertz.
3/ Meat, beef & poultry processing 🍗🥩
🔴Inflation: +20% (bacon), +20% (beef), +14% (pork), +8% (chicken)
🟠Concentration: 55% market share by @JBS_oficial, @Tyson_Foods, @cargill, and @SmithfieldFoods
Read 9 tweets
9 Nov
LIVE: Dominant corporations are corrupting local economies and democracies across the U.S.

Hear how a generation of state and local policymakers are fighting back. twitter.com/i/broadcasts/1…
.@SenGianaris kicks off the event by discussing @amazon's threat to communities.

"The incredible power that they have amassed stretches well beyond the business world. They assert themselves politically, they assert themselves in ways that are very dangerous for our democracy."
.@SenGianaris stresses the importance of passing New York's 21st Century Antitrust Act in the next legislative session.

"This would be nothing short of a revolution in the way we handle antitrust issues in this country." 👏
Read 19 tweets
19 Aug
Some additional reactions to the @FTC’s incredible case against @Facebook 👇
2/ This suit details @Facebook’s monopoly power in multiple ways.
3/ First, the complaint shows that @Facebook has dominated the social media market whether measured by time spent or daily active users since 2011.
Read 6 tweets
19 Aug
The @FTC today filed a revised suit providing detailed proof of @Facebook’s >60% market share + laying out the copy-acquire-kill strategy @Facebook has used to build this unprecedented and dangerous power.

THREAD 🧵👇
2/ This case represents today’s new-look @FTC jumping at a chance to right the commission’s previous wrongs.

It includes a strong Section 2 claim and clearly explains the anticompetitive nature of @Facebook acquisitions of @WhatsApp and @Instagram.
3/ Today’s news is therefore a huge and promising step toward restoring the promise of the American economy.

It shows the new leadership at @FTC is committed to pursuing economic fairness and meaningful competition, no matter how powerful the enemies it makes doing so.
Read 14 tweets
18 Aug
Apparently it's not enough for Bezos' empire to trap actually-productive people in their exploitative business model -- they want to turn them into PR props too. cnbc.com/2021/08/18/ama…
.@amazon forces sellers to pay a host of fees if they want their products to be seen. But even that is no guarantee they’ll be able to fairly compete.

That's not investing in small biz, it's theft. Don’t just take our word for it, listen to a seller:
Here’s just one tactic @amazon uses: It forces sellers to pay to use @amazon’s logistics network if they want to reach customers — even if the sellers are better at handling logistics than @amazon is. thenation.com/article/politi…
Read 6 tweets
17 Aug
Hey @amazon, we think you’ve got this backward.

Enforcing our antitrust laws will protect small businesses from being taken advantage of, lied to, and retaliated against by big corporations like … @amazon.

🧵👇 on the ways @amazon harms small biz.
2/ @amazon forces sellers to pay a host of fees if they want their products to be seen. But even that is no guarantee they’ll be able to fairly compete.

That's not investing in small biz, it's theft. Don’t just take our word for it, listen to a seller 👇
3/ Here’s just one tactic @amazon uses: It forces sellers to pay to use @amazon’s logistics network if they want to reach customers — even if the sellers are better at handling logistics than @amazon is.
thenation.com/article/politi…
Read 6 tweets

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