“Investing in a 5G network could lead to $1.2 trillion in long-term consumer benefits.” Click here for the Tech Republic article.
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, […]
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 […]
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 […]
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.