Since the 1970s, America’s antitrust policy regime has been weakening and market power has been on the rise. High market concentration—in which few firms compete in a given market—is one indicator of market power. From 1985 to 2017, the number of mergers completed annually rose from 2,308 to 15,361 (IMAA 2017). Recently, policymakers, academics, and

FOR IMMEDIATE RELEASE: June 12 2018 CONTACT: Alexander Tucciarone, atucciarone@rooseveltinstitute.org, 516-263-9775   STATEMENT: THE ROOSEVELT INSTITUTE RESPONDS TO VERDICT IN AT&T-TIME WARNER MERGER TRIAL   NEW YORK, NY– In response to Judge Richard Leon’s verdict in the Department of Justice (DOJ) Antitrust Division’s lawsuit to block the merger of AT&T and Time Warner, Roosevelt Institute

Following decades of lax antitrust enforcement, the airline sector today suffers from a market power problem. Fewer firms means there is less competition, which is great for corporate profits but bad for consumers and other stakeholders. In “Airline Consolidation, Merger Retrospectives, and Oil Price Pass-Through,” Roosevelt Research Director Marshall Steinbaum studies the last 10 years

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Since the 1970s, America’s antitrust policy regime has been weakening and market power has been on the rise. High market concentration—in which fewer firms exist in a given market—is one troubling symptom and cause of market power. From 1985 to 2017, we saw an increase in the annual number of mergers from 2,308 to 15,361.

The American economy no longer functions to the benefit of American workers. Despite record profits and increased productivity, wages have been stagnant. In fact, despite being 75 percent more productive in 2016 than in 1973, the average worker earned just 12 percent more. An emerging body of research chronicles the extent of labor market monopsony—where

MEDIA ADVISORY: March 29, 2018 CONTACT: Alexander Tucciarone, atucciarone@rooseveltinstitute.org, 516-263-9775   New Report from the Roosevelt Institute: Rampant Market Power of Corporations Responsible for Rigging the Economy Against American Workers and Consumers, Harming Communities New York, NY — Earlier this week, the Roosevelt Institute released its latest report, Powerless: How Lax Antitrust and Concentrated Market Power Rig

Today, the Roosevelt Institute released Powerless: How Lax Antitrust and Concentrated Market Power Rig the Economy Against American Workers, Consumers, and Communities, a report I wrote with my colleagues Eric Harris Bernstein and John Sturm. In this report, we catalog the growing body of evidence that strongly supports our view that the economy is afflicted

As workers, as consumers, and as citizens, Americans are increasingly powerless in today’s economy. A 40-year assault on antitrust and competition policy—the laws and regulations meant to guard against the concentration of power in private hands—has tipped the economy in favor of powerful corporations and their shareholders. Under the false assumption that the unencumbered ambitions

How does corporate power suppress worker wages? And why has it hit rural America especially hard? Please join Roosevelt Research Director Marshall Steinbaum and CNN’s Lydia DePillis on March 23 for a conversation about a key force driving Americans’ economic insecurity. Steinbaum’s latest research reveals how employers are using increasingly concentrated corporate power to shape the labor market

Presentation to the Congressional Antitrust Caucus, Panel Remarks February 16, 2018 Today, economists and average Americans are confused by the same puzzle: We see historically high corporate profits and low corporate investment. In a productive economy, high profits and low investment aren’t supposed to occur simultaneously. So how do we explain what is going on?