Albert Foer on Starting the American Antitrust Institute
|
|
Rating 0/5 [0 Votes]
|
Print |
E-mail |
|
|
The president of the American Antitrust Institute and father of a literary brood on the difficulty of getting his advocacy group off the ground
Thinking like a businessman [in the late
’90s] I found an unfilled niche. There was no one out there to support
antitrust as a tool for government policy. I talked to Ralph Nader, who
helped me conceptualize and start American Antitrust Institute. After
about four or five months, there was no money coming in. I sat down with
my family [including his wife, Esther, and sons Joshua, a science
journalist, Frank, former editor of The New Republic, and
novelist Jonathan Safran] and said, “It looks like I’m going to go back
to practicing law.” And they said, “Well, this is something you really
want to do. We’re not starving—you’re going to take one year and give it
all you can.” Immediately, money started coming in, right when I
renewed my commitment to it.
This was the time when the potential of the Internet was just beginning to be exploited. I got my son Joshua—author of Moonwalking with Einstein—who
was 14 at the time, to develop a website for me. He’d gone to computer
camp a few times. So he wrote my first website and got a Yale education
in return. Then we developed an advisory board, which is more than 120
people around the entire world—many of the best and brightest in the
field. I fell into a virtual network of experts where I am essentially
the hub.
Regarding the possible AT&T (T)
and T-Mobile merger [that eventually fell apart in December], we were
immediately worried. We saw this merger as reducing the number of
significant wireless players from four to three, and quite possibly to
two. We felt it would be harmful to consumers because it would reduce
competition, give them fewer choices, and in the long run lead to less
innovation. It looked to us like a horizontal merger of national
proportions.
We developed a very extensive white paper, which took the form of a
filing with the FCC, and gave it to the Justice Dept. We wrote op-eds,
participated in panel discussions, and otherwise made arguments like any
think tank or advocacy group would. So in terms of our impact, it’s
very hard to say. I think we helped popularize opposition to the merger.
AT&T and T-Mobile were very well represented, and we were trying to
even the playing field.
source businessweek.com