According to many news reports, The Federal Trade Commission (FTC) has finalized its plans to ramp up an ongoing investigation into search engine giant Google. The Commission has some antitrust concerns surrounding Google’s search engine rankings and advertisements. The Wall Street Journal broke the story Thursday morning. According to the report, the FTC investigation will [...]
Restaurants are a significant part of the economy. Americans have a love affair with restaurants persisting even through our recent economic slump. In 2010 there were 11 million food preparation and serving employees, paid a median wage of $9.02/hr. In 2009, we spent an average of $2,619 per household for “food away from home” (largely [...]
A surprise release of 60 million barrels (30 million from the US) pushed crude oil prices down for a little while yesterday. Already prices are recovering and some think prices will tend higher than they would absent the surprise. The obvious question is why deplete our Strategic Petroleum Reserve (SPR) when there’s no actual emergency? [...]
The National Journal article discusses news reports that the Federal Trade Commission will be opening an antitrust probe of Google.
Washington, DC, June 23, 2011 –– In response to news reports that the Federal Trade Commission (FTC) will be issuing subpoenas in connection with an antitrust probe, Steve Pociask, President of the American Consumer Institute, made the following statement: “”News reports that the FTC plans to conduct a probe of Google’s antitrust practices is [...]
The June 22, 2011 PC Magazine article by Chloe Albanesius (“Congress, Google Clash Over Schmidt, Page Appearance”) includes the following excerpt: Several groups were all in favor of the subcommittee using a subpoena. “What are Page and Schmidt afraid of? What do they have to hide? Congress should use its subpoena power to determine whether [...]
Washington, DC, June 22, 2011 –– In response to news reports that U.S. Senators Herb Kohl (D-WI) and Mike Lee (R-UT), the chairman and ranking member of the U.S. Senate Antitrust Subcommittee (respectively), requested that Google CEO Larry Page or Executive Chairman Eric Schmidt testify before their committee. Steve Pociask, President of the American Consumer [...]
A ConsumerGram presented at a Congressional seminar by the late Dr. Larry Darby, Former FCC bureau chief and ACI board member, was quoted in today’s WSJ article “The Dealth of Duopoly.” The article is written by the authors of a new book — “The Declaration of Independents: How Libertarian Politics Can Fix What’s Wrong.”
Each year, Medicaid pays about $7 million to doctors and hospitals for certain preventable mistakes such as operating on the wrong body part or accidentally leaving a foreign object in a patient after surgery. That’s supposed to stop under a new federal rule. The U.S. Department of Health and Human Services issued a rule June [...]
The American Consumer Institute Center for Citizen Research hereby submits its reply in response to comments filed with the Federal Communications Commission (“the Commission”) respecting the Notice of Proposed Rulemaking in the above-captioned proceeding. The American Consumer Institute is an independent 501c3 educational and research institute with a mission to identify, analyze and project [...]
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