Montana’s House Bill 617 is a case of government over-regulation. It interferes with private contracts, will raise costs for Montana automobile purchasers, and it puts consumers private data in jeopardy – all with no evident benefit to Montana citizens. Consumers deserve better. The letter is available here.
For decades, states have enforced anti-consumer policies that boost car dealers’ profits by sharply raising prices on American motorists. When automobiles first reached the mass market more than a century ago, manufacturers quickly settled on dealership franchises as the best distribution model. The contractual arrangements between dealerships and manufacturers meant that both parties relied on […]
Every state has laws on the books that increase vehicle costs, essentially transferring income from the buying public to car dealers. The problem is so widespread that American consumers collectively pay $47.5 billion more per year than they would in the absence of these regulations, according to a recent study by the American Consumer Institute. […]
A blatant example of corporate welfare is driving up automobile prices around the country, helping car dealerships maximize profits at the expense of consumers. A little history is helpful to understand how we got here, and why reforms are desperately needed. Once automobiles reached the mass market in the early 20th century, it didn’t take […]