A welcomed theme in the recent election cycle was promise of a thoroughgoing review of unneeded regulations. Regulations that never were subjected to consumer cost-benefit analysis, or that pick winners and losers, or that are in a constant state of flux are prime candidates for repeal. Within the financial community many regulations have arrived as […]
This coalition letter is in opposition to the FCC’s midnight broadband privacy rule, which was adopted just days before last year’s election. The letter, sent to the Senate Commerce committee, urges Congress to use the Congressional Review Act (“CRA”) to disapprove this innovation-inhibiting regulation.
The change in Administration brings fresh thinking to what had become an epicenter of 1934 regulatory thought – the Federal Communications Commission (FCC). Under the prior Administration, the FCC was twice chastised by the courts for attempting to impose net neutrality on Internet Service Providers (ISPs). To avoid a third spanking by the courts, in […]
Freedom Caucus, an affiliation of conservative U.S. Representatives has released a list of regulations and executive orders that merit immediate repeal when Donald Trump becomes President. It did not err by suggesting that federal laws should be repealed by executive order. The list covers 226 rules issued by many departments and agencies. In a list […]
The economy has been shackled by $2 trillion in annual regulatory costs that impede commerce and are a drag on household incomes. Recent public sentiment shows that the public has had enough. The election results tell us that voters want a path for sustained economic growth. That path means undoing harmful regulations that have impeded […]
This ACI op-ed, published in FORBES, discusses the U.S. Postal Service’s monopoly on the use of your mailbox. When a private delivery service puts your package into your mailbox, the Postal Service can remove your package and then require consumers to pay the postal service to retrieve their own package. With the growth in online shopping, there is a need to modernize this archaic regulation.
This Forbes op-ed discusses the finding from ACI’s new study, which examines the host of new federal telecommunications regulations and the resulting negative effects that these regulations are and will be having on private broadband investment and jobs. To read the study, visit FORBES.
Broadband Regulations Are Discouraging Investment and Job Creation (Washington, D.C.)—A new report released today by the American Consumer Institute finds broadband network companies create 4,200 more jobs than large web-based providers for every billion dollars in revenue, but this added job creation is being threatened by onerous regulations. “We’re witnessing a crippling wave of overregulation […]
The never-ending friction between common sense and political meddling has metastasized into needless automobile insurance regulation. The New York State Department of Financial Services has started probing the legitimacy of considering occupation as a factor in setting automobile insurance rates. In order to get the right prices, i.e. prices that reflect anticipated claims cost, insurance […]
Seventeen years ago, the Federal Communications Commission (FCC) moved to deregulate private business lines, referred to as Business Data Services (BDS) – effectively going from rate-of-return regulation to price cap regulation and permitting full price flexibility in competitive business markets. Now the FCC appears to have changed its mind – despite evidence showing that the […]