Monopolies Suck author tells threats to Black-owned businesses

Sally Hubbard, author of Monopolies Suck and director of enforcement strategy at the Open Markets Institute, and Stacy Mitchell, executive director of the Institute for Local Self-Reliance lead a special 31 Ways 31 Days session at noon Eastern Aug. 13 on Anti-Competitive and Artificial Intelligence Threats to Black-Owned Businesses.

The 18th annual National Black Business Month has testified in support of five new bills approved by the Antitrust subcommittee of the House Judiciary Committee that would address the concentration of markets online and in most industries.

Hubbard, a former assistant attorney general in New York State, will describe how such monopolies are hampering the growth of Black entrepreneurs and often stealing their intellectual property. The Biden-Harris administration has issued an executive order promoting competition and selected leaders of the Federal Trade Commission and Securities and Exchange Commission who are revamping competition enforcement.

To participate in this and all the 31 Ways 31 Days programs during August as well as the Dr. T. Nathaniel Burbridge Center for Inclusive Innovation, subscribe to the Journal of Black Innovation at blackbusinessmonth.com That also includes the annual 50 Most Important African-Americans in Technology during which our Roy L. Clay Sr. Technology Pinnacle Award winner Dr. Timnit Gebru described the growth of Blacks in AI and her exit from Google after pointing out bias in artificial intelligence. We will reair her remarks on Jan. 15.

New York Attorney General Leticia James is leading anti-trust complaints against Facebook and Google for anti-competitive behavior.

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