Over the past fifty years, the Federal Trade Commission (FTC), Department of Justice (DOJ), and the judiciary have consistently approved mergers and acquisitions, contributing to the consolidation of industries that have proven to be bad for competition, consumers, and communities. Despite the prevalence of these mergers and acquisitions, the stories featured this season serve as a reminder of the power of local initiatives to challenge profit-driven corporate consolidation. These efforts are combatting corporatism within their communities and states, mobilizing grassroots movements, and working towards a shared vision for a healthier and more sustainable future. For additional resources see: https://ilsr.org/building-local-power/

Is this the end of a grocery merger era that began with 385 grocery mergers from 1996-1999 alone? As news about the impending Federal Trade Commission decision to approve or deny the Kroger/Albertsons merger looms large, ILSR’s Ron Knox delves into the dominance of major grocery chains and explores the potential consequences of the proposed merger. In the second half of the episode, ILSR’s Kennedy Smith introduces her new “Community Wins” series, which highlights stories of communities establishing grocery stores that adopt innovative approaches to ownership, access, and governance. The burgeoning trend of community-driven grocery models is fueling a broader revolution of local initiatives across the country, fostering local economic resilience in the face of expanding corporate power. For additional resources see: https://ilsr.org/building-local-power/

In many places across the country, broadband communications provider, Sparklight, has a monopoly in rural towns where they price gouge their customers and deliver poor service. It has significantly expanded its presence across the U.S. through acquisitions and investments in broadband companies in recent years, and East Carroll Parrish leaders Wanda Manning and Laura Arvin have experienced the consequences of this consolidation firsthand. The two journey through their experience fending off Sparklight in their small Southern town, building a task force to create a fiber-to-the-home network so historically marginalized populations could have fast and affordable Internet access, addressing the challenges faced by communities left out of the digital landscape. For additional resources see: https://ilsr.org/building-local-power/

In 2015, Charter Spectrum bought Time Warner Cable and Bright House Networks, a mammoth merger in the telecommunications and cable industry that made Charter the second-largest broadband provider in the nation. Jonathan Schwantes, senior policy counsel and manager of special projects at Consumer Reports explains how the cable industry changed dramatically after the passage of the Telecom Act, why millions of consumers are cutting the cord and leaving cable, and what the telecom giants are doing to maintain their monopoly on the way people exchange information. For additional resources see: https://ilsr.org/building-local-power/

The Permian Basin, the largest producing oil field in the United States, is located in Texas. JP Morgan is a major shareholder of the Permian Basin and in 2019, through its affiliate, Infrastructure Investment Fund (IIF), successfully acquired the El Paso Electric utility company. The utility is responsible for powering the city and operates three significant gas plants that convert fracked gas into electricity, and JP Morgan saw the acquisition of El Paso Electric as a lucrative opportunity to amplify their profits from the oil and gas industry. Amanacer People’s Project saw it differently. They saw the proposed acquisition of El Paso Electric as a direct threat to climate justice. Despite unsuccessfully blocking the acquisition, Miguel Escoto from Amanacer is optimistic about the region’s prospects for transitioning to democratic control over our energy grid. For additional resources see: https://ilsr.org/building-local-power/

In 2020, Avangrid, backed by its parent company, Iberdrola, filed their case to buy Public Service Company of New Mexico (PNM). Over the next three years, Mariel Nanasi of the New Energy Economy fought alongside allies to prevent the acquisition, showcasing the company’s appalling track record and arguing that the acquisition would increase rates, escalate dysfunctional customer service, and harm the environment. Just last month, the case made it to the New Mexico Supreme Court. Krystal Curley, the Executive Director at Indigenous Lifeways, shares with us her concerns about monopoly utility companies exacerbating environmental and social injustices, emphasizing the need to protect sacred sites and natural resources. For additional resources see: https://ilsr.org/building-local-power/

In 2022, international investment firm BlackRock acquired Vanguard Renewables, to help Vanguard drastically expand its number of large-scale anaerobic digestion facilities across the U.S. and BlackRock’s own energy portfolio. Brenda Platt, director of ILSR’s Composting for Community Initiative shares her concern that like in many industries, this trend towards concentrated dominance over the inputs and outputs of this new technology control will ultimately harm communities and starve them of the resources necessary to build thriving, sustainable local economies. Dior St. Hillaire co-director of the NYC composting service BK ROT, adds to the discussion with her vision for New York City that centers local economies, community engagement, and educational spaces fostered by community composting. For additional resources see: https://ilsr.org/building-local-power/

Lead Editor at Waste Dive, Cole Rosengren, explains how the Waste Management and Advanced Disposal merger further consolidated the $90 billion annual waste and recycling industry, the pushback it faced from local entities, and how it impacted communities across the nation. Kirstie Pecci, Executive Director at Just Zero, shares her journey that led to the fight against polluters in her hometown and sheds light on the strategies employed by Big Waste to target low-income communities and communities of color for landfill expansion. For additional resources see: https://ilsr.org/building-local-power/

In the late 1800’s there were 4,000 breweries. By the 1970’s, just 40 companies operated 89 breweries. ILSR’s Ron Knox explains how the beer industry is now dominated by just a few large conglomerates who control distribution and present challenges for craft breweries. He showcases how when mega-corporation, Budweiser, bought SABMiller they promised efficiencies, that were never fulfilled. On the second half of the episode, Amanda Wright, Chief Operating Officer at Blaker’s Brewing details the unique charms of being an independent brewer. For additional resources see: https://ilsr.org/building-local-power/

Our new season shatters the deceptive facade often employed by merging companies that claim their consolidation will benefit consumers.… Read More