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Jan 22 • 4 tweets • 2 min read
NEW: Ticketmaster has hired top antitrust lobbyist Seth Bloom to help maintain its control over the ticketing industry, Politico reports.
Live Nation, Ticketmaster's parent company, hired Bloom days after the Senate Judiciary Committee announced it will hold a hearing this week on the lack of competition in the ticketing industry.
politico.com/newsletters/po…
The Cowen Group, a prominent investment analysis firm, says it's likely that the DOJ will sue Ticketmaster-Live Nation this year with the goal of breaking them up.
.@MorePerfectUS, @econliberties and other allies organized 50,000 people to send letters to the Justice Department demanding that they investigate Ticketmaster and break the company up.

You can still join the campaign: actionnetwork.org/letters/tell-t…

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More from @MorePerfectUS

More Perfect Union Profile picture
Jan 17
NEW: The NY Times reveals that low-wage restaurant workers have been unknowingly funding the industry's powerful lobbying arm, the National Restaurant Association, as it worked to kill minimum wage increases around the country.

Here's how the scheme works:
In 2007, the restaurant lobby (sometimes called "the other NRA") bought ServSafe, an online food safety training company.

It then lobbied states to require restaurant workers to take those trainings, producing a reliable stream of paying customers.
Since 2010, 3.6 million workers have paid for ServSave courses, providing $25 million to the NRA—enough to fund all of its lobbying costs, the Times found.

The funding extracted from everyday workers dwarfs the amount that some of the NRA's large corporate donors provide.
Read 5 tweets
More Perfect Union Profile picture
Jan 15
Flush with profit, Wendy's announced that it's doubling stock buybacks (to half a billion dollars) and doubling dividends to reward shareholders & executives.

87% of Wendy's workers make less than $15—the highest rate of poverty wages at any fast food chain except McDonald's.
Wendy's chairman is billionaire political donor Nelson Peltz. He owns the company along with his hedge fund Trian, a handful of other billionaires, and investment giants BlackRock and Vanguard.

wsj.com/articles/wendy…
In March the company announced it was raising prices despite rising sales, an example of "greedflation."

Read 4 tweets
More Perfect Union Profile picture
Jan 12
BREAKING: A bill banning all individual stock trades in Congress has been reintroduced by a bipartisan group of lawmakers. The TRUST Act would force members, spouses & dependents to put many investments in a blind trust.
Here's our video about the dangers of Congress holding and trading stock:
The TRUST in Congress Act was introduced today by @RepSpanberger (D-VA) and @RepChipRoy (R-TX) with 35 cosponsors — "by far the most cosponsors the legislation has received at the start of a Congress," per Punchbowl News. Original cosponsors of the TRUST in Congress Act include U.S
Read 4 tweets
More Perfect Union Profile picture
Jan 11
Nonsense job titles like "Lead Shower Door Installer" or "Carpet Shampoo Manager" are costing workers $4 billion in overtime every year.

If you make over $455 a week and are labeled a manager, you're not legally entitled to overtime, and companies are exploiting this loophole.
A few months ago we created a video about how President Biden could change this by restoring overtime pay rules.

More here: perfectunion.us/president-bide…
And here's the tweet we sent months ago. President Biden could direct his Department of Labor to raise the standards at any time.
Read 4 tweets
More Perfect Union Profile picture
Jan 11
NEW: Up to $1.5 billion of medical debt is being cancelled by local governments thanks to funds from Democrats’ American Rescue Plan.

Chicago, Toledo, Pittsburgh & New Orleans teamed up with @RIPMedicalDebt to forgive the debt.

With just $1 they can eliminate $100 in debt.
@RIPMedicalDebt The groundbreaking medical debt relief program is spearheaded by the non-profit @RIPmedicaldebt, founded by two former debt buyers.

Debt buyers, like collection agencies, purchase delinquent debt for a fraction of its face value.
@RIPMedicalDebt .@RIPmedicaldebt partners with local governments to purchase debt from local hospitals and then erase it.

Residents who make less than 400% of the poverty line or who are spending over 5% of their income on medical bills automatically qualify.
Read 5 tweets
More Perfect Union Profile picture
Jan 10
The FTC's proposal to ban all noncompetes from labor agreements opened for comment today.

There are already hundreds of comments from workers describing noncompetes that have upended their lives, making them "hostages" or "indentured servants" to their bosses. 🧵
Read 7 tweets

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