“Investing in a 5G network could lead to $1.2 trillion in long-term consumer benefits.” Click here for the Tech Republic article.
welfare
New Study Confirms Significant Economic and Consumer Benefits of 5G Hinge on Streamlined Infrastructure Policy
Deployment of next-generation or “5G” networks in the United States is expected to generate $533 billion in U.S. gross domestic product (GDP) and $1.2 trillion in long-run consumer benefits according to a new analysis released today by the American Consumer Institute (ACI). The data serves as the inaugural report for the new “Lost EconomyTM” series, […]
Antitrust Focus on Consumer Welfare and Low Prices
Market power is not the US law’s criterion for antitrust prosecution. In a Yale Law Journal article, Lina Kahn laments that “the current framework in antitrust—specifically its pegging competition to “consumer welfare,” defined as short-term price effects—is unequipped to capture the architecture of market power in the modern economy.” Moreover, “current doctrine underappreciates the risk […]
Welfare for the Rich: ACI in Real Clear Policy
Federal and some state insurance programs are out of control. A new study finds that Florida’s biggest homeowner’s insurer – state-run Citizens Property Insurance Corporation (Citizens) – has been disproportionately subsidizing rich coastal homeowners, compared to other homeowners in the state. The statistical study, conducted by professors at the University of Chicago and University of […]
ACI in the Daily Caller: Flood Welfare for the Rich
In case you missed it, below is ACI’s piece in today’s Daily Caller. It explains how H.R. 3370 (a bill to gut the implementation of the Biggert-Waters Flood Insurance Reform Act of 2012) will cost consumers and taxpayers.