FEDERALhearing transcript

House Subcommittee Hearing on Corporate Profiteering and Economic Competition

Original title: REVIVING COMPETITION, PART 6: REBUILD-. ING AMERICA'S ECONOMIC LEADERSHIP AND COMBATTING CORPORATE PROFITEERING

January 1, 2022

antitrust corporate profiteering economic policy market competition

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The Frame

What this does

This hearing serves as a formal record of expert testimony and legislative inquiry into whether current corporate pricing and market concentration practices require new federal regulations.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Corporate entities

The hearing examines potential changes to antitrust regulations that could impact corporate pricing and market operations.

Consumers

The outcomes of these discussions may influence future federal policies regarding consumer prices and market access.

What changed

Last recorded activity January 1, 2022.

What's next

Next step not available in the current record.

Summary

The House Subcommittee on , Commercial, and Administrative Law held a hearing on May 17, 2022, to examine the role of in the U.S. economy. Experts and lawmakers discussed strategies for rebuilding economic leadership and addressing market competition issues.

Key Facts

The hearing took place on May 17, 2022, in the Rayburn House Office Building.
The session was titled 'Reviving Competition, Part 6: Rebuilding America's Economic Leadership and Combatting Corporate Profiteering'.
Witnesses included Robert Reich, Rakeen Mabud, Barry C. Lynn, and Patrice Onwuka.
A statement from David French of the National Retail Foundation was submitted for the record.
The hearing was the sixth in a series regarding competition policy.

Why It Matters

This hearing serves as a formal record of expert testimony and legislative inquiry into whether current corporate pricing and market concentration practices require new federal regulations.

Frequently Asked Questions

What was the purpose of this hearing?

The hearing was held to gather expert testimony on and its impact on American economic leadership and market competition.

Who testified at the hearing?

The witnesses were Robert Reich (UC Berkeley), Rakeen Mabud (The Groundwork Collaborative), Barry C. Lynn (Open Markets Institute), and Patrice Onwuka (Independent Women's Forum).

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift100% confidence

Ongoing Antitrust Series

This document represents the sixth installment in a series of hearings, indicating a sustained legislative focus on antitrust reform during the 117th Congress.

Subcommittee on Antitrust, Commercial, and Administrative Law

Connected Entities

personDavid N. Cicilline“Chair of the Subcommittee on Antitrust, Commercial, and Administrative Law”Map →

personKen Buck“Ranking Member of the Subcommittee”Map →

personBarry C. Lynn“Witness, Executive Director of Open Markets Institute”Map →

organizationSubcommittee on Antitrust, Commercial, and Administrative Law“The body conducting the hearing”Map →

personRakeen Mabud“Witness, Chief Economist at The Groundwork Collaborative”Map →

personPatrice Onwuka“Witness, Director at Independent Women's Forum”Map →

personRobert Reich“Witness, Professor at UC Berkeley”Map →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100

Significance60
How much this matters to a regular citizen
Controversy50
Intensity of disagreement among stakeholders
Entertainment10
Compellingness for a non-policy-wonk reader
Buzz20
Current news / social attention level

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