Cryptocurrency needs clear classification, streamlined regulatory framework

Calls to restrict the growth of the cryptocurrency industry persist, especially in the aftermath of the highly publicized collapse of the cryptocurrency exchange FTX. It’s understandable that politicians and regulators are concerned with the stability and reliability of the emergent digital asset space amid volatile prices and companies defaulting. However, these developments shouldn’t immediately trigger […]

ChatGPT3 isn’t immune from classic critiques of new technology

As consumers adapt to understand the uses of ChatGPT3, fears over worst-case scenarios have been grabbing headlines. Like all new technologies, ChatGPT3 has its critics who believe the technology will change the world as we know it — and not for the better. Despite the bleak images some cynics paint, their concerns are generally nothing […]

All road users should pay for maintenance, not just delivery customers

In search of new transportation funding, Utah is considering implementing a retail delivery fee. The implications of this policy for food delivery customers would be substantial. Utah legislators should steer clear of the measure and consider other alternatives to maintain the state’s roads. As Utah’s revenue from its gas tax dwindles due to more citizens […]

Fitness substitutability extends beyond virtual reality

January puts fitness at the forefront of many people’s minds, as they make (and often abandon) New Year’s resolutions to get in shape. This plan could include anything from gym memberships and home workouts to any combination of fitness activities. However, a recent lawsuit by the Federal Trade Commission (FTC) suggests a far more rigid […]

RealClearEnergy: It’s time to take big government off the burner

Family meals are a bedrock American tradition. From Independence Day to quinceañeras, Americans of all stripes celebrate with good food and good company. But, like an overbearing guest at a party, meddlesome politicians are trying to dictate how Americans cook. Their efforts to ban natural gas stoves are an excessive government intrusion into family life. These […]

Preliminary investigation into soft drink vendors reveals FTC’s misplaced focus

This past week, Politico reported that major soft drink juggernauts Coca-Cola and PepsiCo were under preliminary investigation by the Federal Trade Commission (FTC) for participating in “price discrimination” against small retailers. Their supposed crime? Offering better prices to their larger competitors. The federal antitrust agency believes that the companies may be guilty of violating an […]

Medium: TEAM Act represents a mixed bag for consumer welfare

While 2022 ended with the congressional passage of two antitrust bills — the Merger Filing Fee Modernization Act (MFFM), introduced by Senator Amy Klobuchar (D-MN), and the State Antitrust Enforcement Venue Act (SAEV), introduced by Senator Mike Lee (R-UT) — those bills don’t signal the end of legislative antitrust efforts. The newly introduced Tougher Enforcement Against Monopolies Act (TEAM) […]

Medium: Increased regulation of Big Tech companies will hurt consumers, businesses

Well into President Joe Biden’s article calling for bipartisan action to rein in some of Big Tech’s businesses practices, he mentions his “vision” of the economy and how to “realize” that vision. Although his concerns hold support from select members of both parties in Congress, the actions of market participants — by the numbers — […]

The problem with today’s antitrust isn’t the FTC. It’s the unsupported theory it’s putting forth

The Federal Trade Commission (FTC) has been grabbing headlines for attempting to eliminate non-competes and issuing record-breaking fines for child privacy violations. However, the proposed Tougher Enforcement Against Monopolies Act (TEAM) would put a pause on these actions by eliminating the agency’s authority over antitrust enforcement. Unfortunately, this move would have minimal impact. The problems […]