EPI - Economic Policy Institute

12/06/2018 | Press release | Distributed by Public on 12/07/2018 02:26

Media Advisory : Declining worker power in an era of market concentration

On Wednesday, December 12 at 10:30 a.m. ET, join the Economic Policy Institute (EPI) and the Open Markets Institute(OMI) will host a discussion on new research on monopoly, monopsony, and the labor market.

Economists have long recognized that market concentration reduces efficiency and raises prices for consumers. Recent economic research finds that market concentration also has negative effects on labor markets, reducing employment and lowering wages for workers. Economists and researchers from EPI, OMI, and Wayne State University will discuss this new research, including a new EPI paper, and policy responses to market concentration. Federal Trade Commissioner Rohit Chopra will deliver a keynote address.

Who: Welcome remarks by Thea Lee, President, Economic Policy Institute
Introduction by Sarah Miller, Open Markets Institute
Keynote by Rohit Chopra, Commissioner, Federal Trade Commissioner

Panel discussion featuring:

  • Sanjukta Paul, Wayne Law, Wayne State University
  • Heidi Shierholz, Economic Policy Institute
  • Sandeep Vaheesan, Open Markets Institute
  • Moderated by Lydia DePillis, CNN Business.

When: Wednesday, December 12, 10:30 a.m.-12:30 p.m.

Where: The Economic Policy Institute
1225 I Street NW, Sixth floor
Washington, DC 20005

To RSVP and to receive an embargoed copy of the research, email [email protected].