AFREF submitted comments to the Federal Trade Commission and Department of Justice on serial acquisitions and roll-up strategies and their impact on competition, the market, workers, consumers, and communities. Decades of unchecked mergers, driven largely by private equity, have consolidated economic power and raised consumer prices, suppressed workers’ wages, undermined the ability to form and sustain small businesses, and sapped vitality from our communities. These negative impacts have disproportionately harmed people of color, women, and people with limited English proficiency as individuals, families, and communities.
The post Letters to the Regulators: AFREF Submitted Comments to the Federal Trade Commission and Department of Justice on the Negative Impacts of Serial Acquisitions and Roll-Up Strategies appeared first on Americans for Financial Reform.