Intel v. Antitrust, U.S. Chamber Caves on Energy and Accounting for Unfunded Mandates
New York attorney general Andrew Cuomo files an antitrust lawsuit against Intel.
The U.S. Chamber of Commerce caves into to special interest pressure on energy rationing legislation.
Rep. Virginia Foxx (R-NC) introduces legislation to force the government to account for the costs of unfunded mandates.
Listen to LibertyWeek, the CEI podcast, here.
1. TECHNOLOGY
New York attorney general Andrew Cuomo files an antitrust lawsuit against Intel.
CEI Expert Available to Comment: Associate Director of Technology Studies Ryan Radia on why the lawsuit is completely unjustified:
“Mr. Cuomo’s suit is just the latest example of the New York Attorney General using his authority to make headlines at consumers’ expense. This baseless attack against Intel will only delay innovation in the computer chip market. Few markets are as vibrant and innovative as the processor market. During the very period that Mr. Cuomo alleges Intel was engaged in ‘anti-competitive’ behavior, desktop computer processors more than doubled in performance per dollar every two years. By objective measures, the performance of the processor market has been nothing short of spectacular.”
2. BUSINESS
The U.S. Chamber of Commerce caves into to special interest pressure on energy rationing legislation.
CEI Expert Available to Comment: Director of Energy and Global Warming Policy Myron Ebell on why small businesses should quit the Chamber:
“It appears that the Chamber has caved under enormous pressure from some of its biggest member companies. They have reluctantly enlisted in the effort to reward these big special interests with gigantic windfall profits at the expense of consumers and small businesses. We invite small businesses whose interests are no longer being well-represented by the Chamber on this critical issue, to drop their membership in the U.S. Chamber and join us at CEI in fighting against all energy-rationing legislation – even so-called compromises that only partly wreck the economy. We welcome their support. We will not capitulate.”
3. CONGRESS
Rep. Virginia Foxx (R-NC) introduces legislation to force the government to account for the costs of unfunded mandates.
CEI Expert Available to Comment: Vice President for Policy Wayne Crews and Journalism Fellow Ryan Young on why this is the least Congress should be doing:
“Unfunded mandate cost disclosure is a simple, yet needed, wake-up call. As the deficit and federal spending grow-and public anger with them-unfunded mandate reform may just have a chance. If Congress refuses to approve this modest reform it might as well take a roll-call vote on a resolution stating: ‘The public has no business knowing the costs of the regulations that we impose upon them.’”
Listen to LibertyWeek, the CEI podcast, here.