By Steve Pociask, American Consumer Institute To retitle the familiar song by Prince, it now appears the Federal Trade Commission (FTC) is going to “party like it’s 1914.” The well-known consumer welfare standard – the principle that has focused antitrust enforcement onto whether consumers are harmed – is getting shelved by the […]
By Richard Tren, TES Contributor Oxfordshire, England. There was a time when Britain’s royalty stuck to their regal knitting, shaking hands, waving at crowds, and being somewhat important, but decidedly decorative, public figures. Increasingly the royals seem keen on inserting themselves into public policy. This must stop, as if adopted, […]
Henny Sender in the FT: SoftBank and its $70 billion-in Vision Fund are privately hyperfinancing start-ups, they argue, to spur rapid growth and occasionally to beat their chests. These well-intended torrents of cash have created a bubble in the tech sector, widening the gap between massive private and modest public valuations. The […]
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