FOR IMMEDIATE RELEASE
July 10, 2023
Press Contacts:
Brady J. Buckner – bbuckner@fsicoalition.org
202-680-4749
WASHINGTON, D.C.
Financial Services Innovation Coalition (FSIC) Announces the Formation of its Antitrust Task Force.
Today, FSIC announces the formation of its new Antitrust Task Force, the first of its kind. The Task Force was created to educate elected officials, policymakers, community leaders, and the public about the negative impacts of anti-competitive behavior on all Americans, and especially on traditionally disadvantaged communities.
Forming the Antitrust Task Force underscores FSIC’s commitment to upholding fair competition and protecting the interests of underserved communities. FSIC believes a competitive marketplace is vital to innovation and growth, and FSIC is determined to ensure that sound policy promotes a fair playing field for all.
The Task Force will also serve as a hub where stakeholders can share information about issues concerning competition, including concerns around unhealthy consolidation, agreements restraining trade, and other anticompetitive conduct. It will also be a venue where experts can discuss how to address issues affecting competition.
The Task Force will be chaired by Kristian Soltes, Esq., an antitrust attorney practicing with Constantine Cannon LLP, who brings many years of experience in antitrust law and enforcement. Under his leadership, the Task Force will embark on an aggressive advocacy and education program to demystify the basic tenets of a healthy, free-market economy.
“I’m honored to serve the Task Force and help build an appreciation of how antitrust can defend and promote fundamental economic rights. There is plenty of academic and scientific support, but the message is not being delivered to minorities and disadvantaged communities that are hurt the most when markets fail. That’s where the focus needs to be,” said Kristian Soltes. “We are really talking about ensuring access to the American Dream, and I applaud the FSIC for lifting this torch.”
“FSIC recognizes the importance of antitrust policy and enforcement and is committed to helping to elevate the conversation on the impact of mergers and other economic activity on average Americans. We believe the new Task Force will play a critical role in achieving this goal,” said Kevin B. Kimble, Esq., CEO of FSIC and a 35-year veteran of Capitol Hill in DC.
He added, “We are excited and honored to work with Mr. Soltes on this important effort. These are exciting times!”
The Financial Services Innovation Coalition (FSIC) is a network of Industry Innovators, Legislators, Community Groups, and Academics who share a passion for applying emerging technology and market innovation to create a more inclusive economy and advocate for policy that promotes economic empowerment. For additional information about the press release or to arrange an interview with FSIC officials, contact Brady J. Buckner at bbuckner@fsicoalition.org or 202-680-4749.
