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OpenMarket: Business and Government

  • VIDEO: Where the Regulatory State Came From

    August 9, 2019
    Our friends at the Pacific Legal Foundation have a funny and insightful explainer video on the historical development of the regulatory state (also known as the “administrative state”), and how the power of administrative agencies threaten our constitutional rights.
  • Limits of 'Soft Law' Approach to Tech Regulation

    August 9, 2019
    Can the regulation of new technology be voluntary and non-coercive? In a recent op-ed for The Hill, Mercatus Center law and technology analyst Jennifer Huddleston argues that manifestations of “soft law” can be superior to the hard requirements of statutes and binding federal regulations.
  • Response to State Lawsuit against T-Mobile/Sprint: Mergers Signal Dynamic Markets

    August 6, 2019
    The end of the first blog post in this series warned that the real result of a successful lawsuit to block the merger of Sprint and T-Mobile would not be a market with four large wireless competitors, but rather one without Sprint or T-Mobile at all. This is because mergers signal a dynamic marketplace that is highly competitive.
  • State Lawsuit against T-Mobile/Sprint Counterproductive for Consumers

    August 6, 2019
    State attorneys general from fourteen states and the District of Columbia have sued to block the merger of mobile phone and Internet service providers T-Mobile and Sprint. The merger was recently green-lit by the Federal Communications Commission (FCC) and eventually the Department of Justice (DOJ), on the condition that certain assets would be spun off to create a new competitor in the wireless market.
  • VIDEO: Green New Deal’s Bad Science

    August 2, 2019
    This week the Competitive Enterprise Institute released a new study by CEI President Kent Lassman and Power the Future Executive Director Daniel Turner on the costs of the Green New Deal (GND), a congressional resolution introduced by Rep. Alexandria Ocasio-Cortez (D-NY) and Sen. Ed Markey (D-MA). The co-authors find that implementing the GND provisions, including a rapid de-carbonization of the U.S. economy, would prove dizzingly expensive.
  • Bogus E-cigarette Panic Literally Killing People

    July 16, 2019
    Is this a story from The Onion? It’s a question we often ask ourselves these days when we encounter stories online that seem too ridiculous to be true. Sadly, Cheantay Jensen’s recent article about why she returned to smoking is not satire.
  • The Middle Class Crisis That Wasn't

    July 15, 2019
    Recently billionaire philanthropist Eli Broad calls for a wealth tax in The New York Times and fellow billionaire Ken Fisher responded in USA Today with a challenge that wealthy Americans (and the rest of the country) would be better off investing their money in further for-profit enterprises. That’s a pretty stark contrast, and one that shows off two very different attitudes toward wealth and prosperity in America.
  • VIDEO: Break up the Antitrust Attack on Big Tech

    July 12, 2019
    The Information Technology & Innovation Foundation hosted an interesting policy discussion on antitrust this week titled “Breaking Up Big Tech: Making Sense of the Debate.” You can watch the entire 90-minute program below.
  • Who Does More Damage to a Free Economy: Socialists or Cronyists?

    July 11, 2019
    Our friend Matt Mitchell of the Mercatus Center has a fascinating new article at Reason on how businesspeople feel about government favors and privileges. It seems that a poll conducted by Matt and his colleagues finds that corporate managers and executives who work at companies that benefit from cronyism express a noticeably more favorable view of cronyism.
  • Antitrust Basics: Regulatory Uncertainty

    July 11, 2019
    Antitrust laws are not enforced to the letter. They are a matter of regulators’ and judges’ discretion. If they were applied literally, every business transaction would be illegal.

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