The Economic Standard: Rx Importation Poses a Threat to Consumers, Not a Solution

According to the GoodRx Research Team, 832 brand drugs have increased by an average of 4.5% since December 31, 2020. Americans pay around $1,200 for prescription drugs a year. The continuing rise of prescription drug prices has a significant impact on many Americans, especially during a global pandemic. In the latest PawnGuru poll, about 20% of respondents say they […]

Antitrust Explainer

A package of five bills is set to be introduced by Democrats in the House Judiciary Committee. These bills seek to fundamentally change how the federal government approaches big tech and are being released at a time when Republicans and Democrats seek to reign in big tech and its influence. Rather than employing the consumer […]

The Hill: House Transportation Bill a Big Loser For Consumers

Congressional members on the Transportation Committee have much work to do on their proposed infrastructure bill. One first step, across all political allegiances, should be to drop unnecessary regulatory provisions in the transportation legislation that would only serve to increase consumer prices by increasing the costs of transporting goods by rail. As the economy works […]

Consumer Impact Must Remain the Focus for Mergers and Acquisitions

It seems that each week, self-proclaimed trustbusters on Capitol Hill line up to attack big tech for alleged antitrust violations. Back in the firing line this week is Amazon after the company announced it was purchasing Metro-Goldwyn-Mayer (MGM) Studios for $8.45 billion. If the deal goes ahead, it would be the “second-largest acquisition in Amazon’s […]

Will Banning Menthol Help Smokers Quit?

The Food and Drug Administration (FDA) recently took the bold step of announcing plans to ban the sale of menthol flavored tobacco. The agency unveiled its decision guided by the belief that prohibiting access will “help save lives, particularly among those disproportionately affected by these deadly products.” With flavored e-cigarettes being banned since February of […]

AI Offers Substantial Benefits for Patients

On April 21, the European Commission released its much-anticipated proposal for a regulation laying down harmonized rules on artificial intelligence. If implemented, Brussels’ proposal would govern artificial intelligence (AI) across 27 member countries and for over 445 million people. In outlining the need for the Commission’s proposed AI regulations, Margrethe Vestager, Executive Vice-President for a Europe fit for […]

Real Clear Policy: Bill Would Target Women Selling Goods on Sites Like Etsy

When a bipartisan group of U.S. Senators introduced The Integrity, Notification, and Fairness in Online Retail Marketplaces for Consumers (INFORM Consumers) Act at the end of March 2021, it was well received as an effort to address the growing problem of illicit goods sold online. In its current form, however, provisions in the INFORM Consumers […]

Minnesota’s Proposed Legislation Would Undercut Food Delivery Services

The following is a statement from ACI Director, Krisztina Pusok, regarding the Minnesota Legislature’s proposed legislation that would undercut food delivery services and economic recovery: “We are very concerned with the repercussions of  language included in the Minnesota House budget and its impact on consumers and restaurants in the state. The proposal, which would temporarily […]

Real Clear Policy: Think of Amazon as a Big Box Retailer, Not a Tech Giant

If lawmakers cannot figure out the relevant market for Amazon, then regulators can easily misclassify or narrowly define the relevant market to deem it to be concentrated and, therefore, in need of a government remedy to fix a market failure. While changing antitrust laws would make it easier to punish Amazon or Facebook, it will […]

Inside Sources: Lawmakers Want the FDA to Remove Vaping Products From the Market Again

House Democrats have asked acting Food and Drug Administration (FDA) Commissioner Janet Woodcock to remove all vaping products from the market during an ongoing product approval process, despite evidence showing millions of Americans have used these alternatives to stop smoking traditional cigarettes. However, multiple studies have found that long-term smokers who give up traditional combustible […]