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FCC Orders Internet Regulations: Temporarily Settles a Debate, But Raises Risks for Consumers
Statement by Steve Pociask, President of the American Consumer Institute Today, the FCC voted 3 to 2 in favor of imposing new Internet regulation. While the FCC order puts to rest, at least temporarily, the hotly debated topic of net neutrality, the imposition of Internet regulations are in sharp contrast to a recent court decision that found limits to the FCC’s authority, as well as [...]
Professor Fuhr: The Economic Stimulation is Simple — With Lower Taxes, Consumers Have More to Spend
ACI expert and economics professor Joseph Fuhr is quoted in this article and following passage of the legislation is quoted in this article.
Consumer Spending Positive, but Job Picture Bleak — Unemployment Rises to 9.8%
A Washington Post article discusses the renewed strength of retail spending and housing data, citing the $1 billion of online sales during Cyber Monday. However the latest Bureau of Labor Statistics provides a conflicting picture. After resting at 9.6% for the previous three months, the unemployment rate rose in November to 9.8%, according to the BLS employment [...]
The EU Investigates Google — Is Google Really the Victim?
I am not totally convinced that Google is a victim in the EU investigation (see MSNBC for background). While industry concentration is (by itself) largely unimportant as an antitrust concern, conduct and performance do matter. When there is an absence of effective competition or the presence of barriers to entry, a dominant firm can exercise market [...]
Comment of Steve Pociask Regarding the FCC Chairman’s Announcment to Impose Internet Regulations
Statement by Steve Pociask, President of the American Consumer Institute American Consumer Institute sees the FCC Chairman’s announcement as a mixed blessing. On the one hand, we agree with the notion of providing consumers with more information about their services, and we also see some benefits of finally settling the issue with a position of compromise. And, we certainly agree [...]
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