Blog
FTC Hearing on Vaping Case Shows Antitrust at its Worst
Earlier this week, the Federal Trade Commission (FTC) held a public hearing about a seemingly resolved antitrust case about the vaping market. In 2018,…
Blog
Virtual Reality and the Relevant Market Fallacy
The relevant market fallacy is one of the most common analytical mistakes in antitrust policy. One of the first legal questions in an antitrust…
National Review
Virtual Reality and the Relevant-Market Fallacy
Facebook’s parent company, Meta, is at a crossroads. Its main social-media platform is declining under heavy competition and faces twin federal and …
Blog
Mixed News on CPI: Headline Rate Improves, Core Rate Accelerates
The Consumer Price Index (CPI) for August is out. It increased 8.3 percent over the last year, down from 8.5 percent in July. The…
Blog
This Week in Ridiculous Regulations
Queen Elizabeth II passed away at age 96. Meanwhile, in a four-day week, agencies issued new regulations ranging from St. Louis bridges to Atlantic krill…
Blog
Fed Chairman Powell’s Remarks at Cato Monetary Conference
Every year, our friends at the Cato Institute hold a monetary policy conference. This year’s conference opened with Cato President Peter Goettler interviewing Federal…