Doni Tadesse, Rise Economy’s Statewide Organizing Director recently testified before the California Law Revision Commission in support of the Commission’s Tentative Recommendation on Single Firm Conduct.
The Commission is examining how California law treats “single firm conduct”—cases where one powerful company uses its dominance to block competition or entrench its control, even without colluding with other firms. The Commission’s Tentative Recommendation seeks to address long-standing gaps in antitrust enforcement that have contributed to market concentration, higher prices, fewer choices, and unequal economic outcomes.
Below is an excerpt from the statement delivered at the hearing by Doni on behalf of Rise Economy.
Good afternoon Chair Simpson and Commissioners,
I’d like to thank the CLRC and its staff for the extraordinarily diligent and in-depth work they have done over the course of this process.
Rise Economy works primarily on issues of economic and racial justice in the financial sector, including the impacts of bank consolidation and excessive market power on low-income communities and communities of color. While the Tentative Recommendation on Single Firm Conduct focuses significantly on large technology companies and other dominant firms, we strongly support its adoption because the underlying dynamics it addresses—concentration, under-enforcement, and the erosion of competitive constraints—are not unique to any one industry.
Across markets, prolonged under-deterrence of anticompetitive conduct has contributed to higher prices, fewer choices, suppressed wages, and reduced access to essential goods and services. These harms fall disproportionately on workers, small businesses, and communities that already face structural inequities. From our perspective, the Commission’s Tentative Recommendation represents a critical step toward restoring antitrust law as a meaningful tool to check excessive corporate power and promote fair, inclusive economic outcomes.
We applaud the commission’s extensive work in capturing a broad scope of input from trade groups, businesses, advocacy organizations, and interested members of the public when forming these Tentative Recommendations. We now encourage you to finally adopt the Tentative Recommendation as is and pass the torch to the legislature for further consideration.
Thank you!
Want more updates on antitrust reform, bank consolidation, and community-centered economic policy in California? Sign up to receive Rise Economy emails below.
