25+ National & State Orgs Urge Congress to Pass the Pandemic Anti-Monopoly Act

New letter explains why a merger moratorium is essential for stopping a monopoly free-for-all

As large corporations and predatory financiers seek to exploit the global pandemic and further concentrate their economic and political power, 27 national and state organizations today sent a letter to Speaker Nancy Pelosi and Minority Leader Chuck Schumer, urging them to include the Pandemic Anti-Monopoly Act in the next COVID-19 relief package. The organizations, which represent working people, economic and social justice advocates, antitrust leaders and more, emphasize the dangers of concentrated corporate power and warn of a coming merger wave financed with public money.