Corporate Monopolies Crush Competition.
CALIFORNIA FAMILIES
PAY THE BILL
AB 1776 — The COMPETE Act — gives small businesses and families a fighting chance.
Californians are paying more at every turn: at the grocery store, online, and at the doctor's office, and more. Prices soar when markets are dominated by giant corporations — and California law hasn't kept up with the times.
AB 1776 would update the law to create real competition in the local economy. And it would apply real consequences when corporate monopolies cheat or rig the game.
When Corporations Crush Competition, We All Pay the Price
WE PAY AT THE CHECKOUT:
Fewer grocery stores mean higher prices and more hungry families.
WE PAY WITH OUR HEALTH:
Insurance mergers have pushed premiums 7% higher, pumping $34 billion each year into insurers’ pockets. Families can’t afford hundreds of dollars more every year.
OUR PAYCHECKS SHRINK:
Too little competition between employers leaves workers earning up to 20% less than they should in a fair market.
OUR SMALL BUSINESSES SHUTTERED:
104,000 small businesses closed in California last year.
WHO SUPPORTS AB 1776?
Give Small Business a Fighting Chance
"At a time when the divide between Main Street businesses and large corporations has never been greater, small businesses want to see California antitrust law updated to reflect the needs of a modern economy and the needs of today's entrepreneurs. The COMPETE Act would help bolster an environment of fair competition because it gives small business owners, the workers they hire, and their local communities a fighting chance”
Suli Kenyatta
Northern California Outreach Manager, Small Business Majority.
Give Workers a Fighting Chance
"Consolidation and the lack of competition in the grocery industry enable employers to keep their workers' wages low, weaken workers' bargaining power, and prevent workers from unionizing. AB 1776 ensures that workers are protected while also lowering prices and reigniting innovation and small business growth in California. UFCW is proud to support this bill and encourages the California State Senate to do so as well."
Mark Ramos
President, UFCW Western States Council and UFCW Local 1428
“Without my knowledge or consent, Amazon scraped my website to create a storefront on their platform, leveraging stolen product images, fake AI generated images, and altered product descriptions from my site as part of their ‘Buy For Me’ program. I’m not alone. Hundreds, if not thousands, of independent retailers discovered that their entire catalogs had been scraped and placed on the Amazon platform without their consent. I support this legislation because this kind of unchecked predatory behavior from Amazon and other monopolies has to stop. As entrepreneurs, we deserve a fair chance to build a business that customers can trust.”
Angie Chua
Owner of Bobo Design Studio in Palm Springs