Inside Sources: A Creative Policy to Grow Our Economy

The International Entrepreneur Rule would be an efficient policy to help boost the economy from the adverse effects of COVID-19. It would create a viable path for the world’s most talented minds to boost our economy through innovation and job creation, the necessary ingredients for a post-COVID economic recovery. While reimplementing IER is a step […]

Town Hall: Federal Government Needs to Act to Protect Consumers’ Data

Increasingly, state legislatures have been considering bills that seek to enhance protection of consumers’ data. These actions are filling the void left by the federal government, as currently there is no comprehensive federal data privacy law. Instead, data privacy is governed by industry specific legislation such as the 1996 Health Insurance Portability and Accountability Act. […]

Inside Sources: House Bill Will Kill The Tech Ecosystem

When considering whether larger companies should be allowed to acquire smaller competitors, lawmakers should abandon the immediate presumption that “big is bad.” Instead, they should understand that acquisitions can support innovation, the broader economy, consumer welfare, and a competitive marketplace. Instead of deferring to a “big is bad” mentality, policymakers should recognize this reality and […]

The FTC Has Given Up on Consumers

It is not often that federal agencies make front-page news. Yet, that is what happened last week when the Federal Trade Commission (FTC), now led by big-tech skeptic Lina Kahn, voted 3-2 along party lines to rescind a 2015 Statement of Enforcement Principles Regarding “Unfair Methods of Competition.” The 2015 statement committed the FTC’s enforcement decisions to be […]

New Executive Order Is a Mixed Bag for Consumers

On June 7th, President Joe Biden issued an Executive Order designed to promote competition in the American economy. In total, the Executive Order “includes 72 initiatives” that the White House claims will “tackle some of the most pressing competition problems across our economy.” These competition problems, the White House claims, have led to declines in […]

The Hill: Dangerous Hand Sanitizers Need Immediate FDA Attention

Responding to pandemic panic, consumers rushed to stores to arm themselves with hand sanitizing products. This soaring demand prompted the FDA to lower standards for the production of alcohol-based hand sanitizer products, a move that has subsequently resulted in a list of over 200 hand sanitizer products deemed dangerous for consumer health. With trusted brands back on store […]

A Bad Week for Trustbusters Means a Good Week for Consumers

Self-proclaimed trustbusters have not had a good week. The Federal Trade Commission’s (FTC) much-publicized lawsuit calling for the break-up of Facebook was thrown out, as was the antitrust suit filed by New York and 45 other states. For consumers, the dismissal of both lawsuits is a positive, albeit temporary, step in the right direction of ensuring consumers can […]

The Economic Standard: FTC Decision Makes Consumers the Big Losers

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 FTC (“FTC Votes to Broaden Enforcement Power, WSJ, July […]

Arbitrary Criteria Should Not Be Used to Ban AI

The European Union (EU) has set out to regulate artificial intelligence (AI) more heavily across its 27 member-states, including criteria that would outright ban certain forms of the technology. The criteria, listed under Title II of the EU’s Artificial Intelligence act, prohibits AI that violates what EU policymakers consider to be their arbitrary criteria of […]

Broadband Agreement Must Include What Consumers Demand

The Biden Administration and a bipartisan group of U.S. Senators recently reached an agreement on an infrastructure an plan worth $579 billion in new spending. Among other spending programs, the proposal contains a provision for $65 billion in federal spending to deploy fiber optic cables to “future proof” America’s digital infrastructure. This spending would largely […]