Open Markets Institute
OMI Leads Civil Society Groups to Urge Antitrust Investigation into Netflix’s Market Power
The Open Markets Institute, joined by a coalition of leading civil society organizations, sent a letter to federal antitrust enforcers calling for a formal investigation into whether Netflix is engaging in monopolistic practices that harm competition, creators, and consumers in the rapidly evolving video streaming market. The groups request that the Federal Trade Commission and Department of Justice:
Open Markets Details How US Government Can Block Musk Takeover of Twitter
Twitter's board agreed to sell the corporation to Elon Musk, the owner of Tesla and SpaceX. The Open Markets Institute believes the deal poses a number of immediate and direct threats to American democracy and free speech.
Monopoly is breaking America’s free press; it’s time to break monopoly
Open Markets Institute calls on Congress and the Federal Trade Commission to immediately investigate how to protect America’s independent news media from the power and predatory business models of Google and Facebook.
Open Markets Calls on House Judiciary Committee to Take On Monopoly Power (Open Markets Institute)
Submitted by benton on Thu, 01/17/2019 - 11:47America's Concentration Crisis
Google (Alphabet) had a whopping 91% share of the $59.7 billion market (revenue) for search engines in 2017. In the social media category, Facebook had 72% of the $25.6 billion share of revenue from social networking sites. In e-commerce, Amazon had a 49% share of the $525.9 billion revenue pie, followed by eBay at 7%.