Courts are upholding antitrust laws, but lawmakers seek to change them

The time for an antitrust reform summer has run out. For companies under threat of agency action, the court system has offered some respite through its adherence to traditional interpretations of antitrust, which focus on consumer harm rather than the size of a firm. However, as seasons change, there are those in Washington, D.C. who would like […]

The Economic Standard: Reallocating spectrum would benefit 5G networks

A new report out this week by information technology consultants at Accenture reaffirms the need for the U.S. to make more spectrum available to commercial wireless users. Doing so will expand 5G connectivity and remove barriers to innovation. The report, which was commissioned by the Cellular Telecommunications and Internet Association (CTIA), examined the current state of radio […]

Big Tech isn’t the death knell for local news

“Big Tech” has become the catch-all scapegoat for almost every perceived ill imaginable. Depending on who you talk to, companies under this umbrella are turning kids transgender, disrupting democracy or even perpetuating income inequality. The latest claim is that Big Tech is contributing to the decline of journalism outlets. Proposed legislation would seek to bail out these small news […]

Student loan forgiveness robs from poor and gives to rich

Late last month, President Biden made his long-awaited announcement regarding student loan forgiveness. For months, the Administration had been teasing the release of a plan to address the more than $1.6 trillion in student loan debt Americans currently hold.  August’s announcement eliminates $10,000 in student loan debt for borrowers earning less than $125,000, or $250,000 for joint-income households. This number rises […]

The IRS says it will use funding to crack down on the rich. Its record says otherwise

Since the surprise announcement last month that Senator Schumer (D-NY) and Senator Manchin (D-WV) had reached an agreement on the Inflation Reduction Act of 2022, the massive spending bill has received no shortage of media attention. However, much of the coverage has focused on the bill’s climate, healthcare and corporate tax provisions. Mainstream media has paid far less attention […]

ACI Files Comments on FRA’s Proposed Crew Size Mandate

U.S. Federal Railroad Administration Comments on Proposed Two Crew Size Safety Requirements 49 CFR Part 218, Docket Number: 2022-15540 RIN 2130-AC88 Summary The American Consumer Institute is a 501(c)(3) non-partisan, educational, and public policy research organization with the mission to identify, analyze, and protect the interests of consumers in selected legislative and rulemaking proceedings. As […]

A flurry of new tobacco rules reveals an aggressive new chapter for the FDA

The last few months have seen a whirlwind of attacks on tobacco users. From an April proposal to ban the popular menthol cigarette flavor and prohibit all cigar flavors other than traditional tobacco to a plan to eliminate nearly all nicotine in conventional cigarettes sold in the U.S., the Food and Drug Administration’s (FDA) has been busy making a flurry of announcements.  However, it was the FDA’s […]

The Economic Standard: Lawmakers provide crypto clarity

A bipartisan group of U.S. Senators — Debbie Stabenow (D-MI), John Boozman (R-AR), Cory Booker (D-NJ), and John Thune (R-SD) — recently introduced an important piece of legislation that, if enacted, would alleviate much of the regulatory confusion surrounding cryptocurrencies. While only 16 percent of Americans have ever used or purchased these digital tokens, the U.S. has […]

Bipartisan House bill would benefit gig economy workers

A bipartisan group of lawmakers in the House of Representatives, led by Rep. Henry Cuellar (D-TX-28), recently introduced a bill called the Worker Flexibility and Choice Act. Their new proposal would establish much-needed protections for gig economy workers while also creating a new category of labor law for independent contractors. Speaking shortly after introducing the bill, Rep. Cueller stated that […]