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NEW REPORT Endorsed by State Legislators Highlights Urgency of 21st Century Antitrust Act for New York Small Businesses

With the Bureau of Labor Statistics announcement last week that annual inflation remained elevated at 8.3% percent in April, small businesses continue to face threats from all sides of the market. Champions of the 21st Century Antitrust Act have signed on to a new report that makes clear that large corporations wielding their market power is a primary culprit. Whether it is credit card giants increasing the transaction fees they charge New York’s neighborhood bodegas and retailers, or suppliers raising prices on independent businesses in response to being squeezed for special discounts by dominant corporations, small businesses are increasingly at risk. 

New research shows huge wage losses for NY workers alongside growth of Amazon

New Yorkers for a Fair Economy coalition releases report detailing why the 21st Century Antitrust Act is critical for New York’s workers NEW YORK, NY (May 10, 2022) – Today, the New Yorkers for a Fair Economy coalition released a report that reveals a striking correlation between declining wages within the warehouse and delivery industry and the growth of Amazon’s dominance in New York State.…