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 Ryan Nabil, Competitive Enterprise Institute Can the European Union become a world leader in innovation? Yes, but Brussels needs to create a more business-friendly environment for businesses and start-ups. The EU is trying to become self-sufficient in sectors such as pharmaceuticals and semiconductors and spearhead post-Covid economic recovery, according […]
By Andy Blom, TES Washington Editor Joe Biden says African Americans can’t vote because they aren’t smart enough to get a driver’s license and Latinos can’t get the vaccine because they don’t know how to use the internet. What a President we have! But the White House, 5 Republican and 5 Democrat […]
By Caroline Wang, American Consumer Institute President Biden has focused his efforts on making broadband internet access more affordable to Americans. It is a part of the American Jobs Plan he announced late March, a wide-ranging stimulus plan that forms a key component of the Administration’s post-Covid recovery efforts. The plan, […]
Writing in The Hill, David Balto, a former policy director of the Federal Trade Commission in the Obama Administration, and Wayne Winegarden, an economist with the Pacific Research Institute, discuss the growing pressure on public officials to address anti-competitive industry practices known as “rebate walls” or “rebate traps”. “Rebates and discounts are generally […]
By Will Yepez, National Taxpayers Union House Democrats are planning to introduce five pieces of antitrust legislation in the coming days. One such proposal is a radical “Glass-Steagall” style legislation aimed at forcing structural separation policies that would harm consumers and disrupt the economy. Contrary to its mission, the proposed legislation would have […]
By David Boaz, Cato Institute Catherine Rampell of the Washington Post wonders why President Biden has not repealed President Trump’s costly tariffs on imported steel and aluminum from “our close economic and military allies, including the European Union, Canada and Japan.” If both the United States and our allies recognize the damage these trade […]