As healthcare providers across the U.S. desperately attempt to treat a rapidly growing number of patients with the coronavirus, a pharmaceutical company with ties to the Trump administration has been granted exclusive status for a drug it is developing to treat the illness—a potential windfall for the company that could put the medication out of reach for many Americans.
As The Interceptreported Monday, the Food and Drug Administration granted Gilead Sciences “orphan” drug status for remdesivir, one of several drugs being tested as potential treatments for the coronavirus, officially known as COVID-19. The designation is generally reserved for drugs that treat rare illnesses affecting fewer than 200,000 Americans—but companies can be eligible if the designation, as in this case of a rapidly spreading virus, is made before a disease spreads beyond that limit. Continue reading →
Field day participants make their way past dicamba damaged soybeans to hear University of Arkansas System Div of Ag Weed Scientist Jason Norsworthy talk about volatility of dicamba products on Aug 8, 2017. Photo: uacescomm’flickr/CC
German chemicals giant Bayer announced Monday its intention to “swiftly appeal” a U.S. jury’s decision to award a Missouri peach farmer over $265 million in compensation for years of crop losses as a result of drifting dicamba weedkiller.
The legal challenge was the first dicamba suit to go to trial and was brought forth by Bill and Denise Bader, owners of Bader farms. Dicamba is produced by Monsanto, which Bayer acquired in 2018. Continue reading →
FCC chairman Ajit Pai, seen here at the 2018 Conservative Political Action Conference. (Photo: Gage Skidmore/flickr/cc)
Public interest groups celebrated Monday after the U.S. Court of Appeals for the Third Circuit quashed an effort by the Republican-led Federal Communications Commission to relax local media ownership rules.
“Today’s ruling is a tremendous victory for the public,” Free Press vice president of strategy and senior counsel Jessica J. González said in a statement. “It admonishes the Trump FCC for its complete failure to consider the impact of its ownership policies on women and people of color.” Continue reading →
As the Justice Department struck a deal with Sprint and T-Mobile on Friday, consumer advocates vowed, “we’ll continue to fight to stop this dangerous merger from going through.” Photo: Isriya Paireepairit/flickr
Consumer advocates decried the Department of Justice’s decision Friday to sign off on T-Mobile and Sprint’s proposed merger, warning that allowing the nation’s third- and fourth-largest wireless carriers to join forces will drive up prices and negatively impact low-income and marginalized communities.
In a statement, the DOJ announced that it had reached an agreement with five state attorneys general and the companies that makes the merger contingent on the divestment of “Sprint’s prepaid business, including Boost Mobile, Virgin Mobile, and Sprint prepaid, to Dish Network Corp., a Colorado-based satellite television provider.” Continue reading →
“The pressure is working!” declared the advocacy group Free Press, a critic of media consolidation, in response to Federal Communications Commission (FCC) Chairman Ajit Pai’s remarks on Monday that he has “serious concerns” about right-wing Sinclair Broadcast Group’s proposed $3.9 billion merger with Tribune Media.
HUGE NEWS: FCC Chairman Pai just made an announcement that could spell doom for the toxic Sinclair merger. The pressure is working! Our statement: https://t.co/jT73FA3sGV#StopSinclair
Protesters gathered at a Verizon store in MIssion Viejo, California on Thursday to demand the FCC uphold net neutrality rules. The demonstration was one of hundreds held all over the country. (Photo: Brendan Cleak—Team Internet/Flickr/cc)
Calls grew over the weekend for the Federal Communications Commission (FCC) to investigate potential fraud regarding its call for public comments on net neutrality—before the panel votes on the issue on Thursday.
At Wired, FCC commissioner Jessica Rosenworcel—one of two Democrats on the commission who are expected to vote against a net neutrality repeal—raised alarm with an editorial about the integrity of the 23 million comments that have been left on the FCC’s website. Continue reading →
Federal Communications Chairmain Ajit Pai continues to push through rollbacks that critics warn will enable major media companies to have an outsize influence on public opinion and fail to serve local communities. (Photo: USDA/Flickr/cc)
In a series of moves this week that have alarmed free speech advocates and critics of media consolidation, the Federal Communications Commissions (FCC) voted to abolish a rule requiring radio and television broadcasters to maintain studios near the communities they serve, and FCC chairman Ajit Pai announced further plans to end certain media ownership rules.
“Americans are fed up with monopolies rigging our economy and politics,” said Rep. John Conyers (D-Mich.). (Photo: takomabibelot/Flickr/cc)
A major Washington-based think tank’s decision to fire a prominent Google critic earlier this week brought to the surface the massive and “disturbing” influence large tech companies have on political debate in the U.S., leading many analysts and lawmakers to call for the creation of an anti-monopoly movement to take on the threat consolidated corporate power poses to the democratic process.
As Brian Fund and Hamza Shaban note in an analysis for the Washington Post, “funding of think tanks is just one way Silicon Valley is expanding its influence in Washington.” Tech giants like Google, Amazon, Facebook, and Apple are also “regularly setting records in their spending on lobbying and are pushing as many as 100 issues—or more—every year.” Continue reading →
Image: LittleRoughRhinestone [Public domain], via Wikimedia Commons
In a deal that will allow one broadcasting company to reach 72 percent of U.S. households through ownership of local news stations, it was reported this week that Sinclair Broadcast Group is buying Tribune Media for nearly $4 billion.
Such a move wouldn’t have been possible a few weeks back, but Donald Trump’s new Federal Trade Commission (FCC) chairman, Ajit Pai, just began implementing sweeping changes to previously established media ownership rules. Bloomberg explains: Continue reading →