American Economic Liberties Project
Coverage of American Economic Liberties Project in the Nexus archive.
- Ohio grocer Kroger announces $1.65 billion deal to purchase Giant Eagle
Kroger, an Ohio-based grocery chain, announced a $1.65 billion deal to acquire Giant Eagle, a Pennsylvania-based retailer with over 200 locations. The acquisition requires federal approval and may involve closing or selling some overlapping stores. Analysts express mixed views, noting potential efficiencies for consumers but concerns about reduced competition and impacts on workers and small businesses.
- Bipartisan support on US House panel for examining private equity in youth sports
A U.S. House Education and Workforce subcommittee held a bipartisan hearing to examine private equity's influence in youth sports, focusing on concerns about rising costs and reduced access for families. Testimony highlighted both potential benefits of private investment and risks of prioritizing financial returns over child development. The youth sports industry generates $40 billion annually, with families spending an average of $1,016 per year per child on participation.
- Bipartisan support on US House panel for examining private equity in youth sports
A U.S. House subcommittee held a bipartisan hearing to examine private equity's impact on youth sports, focusing on rising costs and reduced accessibility. Lawmakers emphasized the need to balance private investment benefits with preventing practices that limit family access, while a journalist highlighted concerns about prioritizing investor returns over child development. The youth sports industry generates $40 billion annually, with families spending an average of $1,016 yearly per child on participation.
- Bipartisan support on US House panel for examining private equity in youth sports
A U.S. House Education and Workforce subcommittee held a bipartisan hearing to examine private equity's impact on youth sports, focusing on concerns about rising costs and reduced access for families. Lawmakers and experts highlighted both potential benefits and risks of private investment, with a $40 billion industry at stake, as companies like Brand Velocity Group acquire youth sports management firms.
- Bipartisan support on US House panel for examining private equity in youth sports
A U.S. House subcommittee held a bipartisan hearing to examine the impact of private equity on youth sports, with lawmakers expressing concerns about rising costs and reduced access for families. Testimonies highlighted both potential benefits of private investment and risks of prioritizing financial returns over child development. The hearing followed recent private equity acquisitions in youth sports management, including Eli Manning's firm acquiring RCX Sports.
- STAT+: Oregon hospitals won’t outsource to national physician chain after all
PeaceHealth has reversed its plan to replace Oregon emergency physicians with a national chain after facing backlash and a lawsuit. The lawsuit argued that the plan violated an Oregon law prohibiting managed service organizations from owning medical practices. PeaceHealth's change of heart comes after four hearings where the judge indicated the scheme was illegal.