You are here

OpenMarket: Business and Government

  • Antitrust Basics: Relevant Market Fallacy

    June 24, 2019
    If a firm is charged with having market power, the question naturally arises: in which market? Does Facebook have a monopoly over social networking, especially now that it owns additional networks such as Instagram and WhatsApp? Or does Facebook compete with other uses of leisure time such as movies, television, books, sports, concerts, and countless other ways people can spend their time? Which is the more relevant market? The answer is subjective—a significant problem for a legal case with multi-billion dollar stakes.
  • A Vision for Freedom: CEI's 35th Anniversary

    June 24, 2019
    At the Competitive Enterprise Institute this week we’re still reflecting on the success of last Thursday’s 35th anniversary dinner and gala, and thanking our friends and sponsors for making the night so wonderful. On Friday, I blogged the annual dinner movie, a 10-minute short inspired by “Game of Thrones” and our own experiences working in the imperial city of Washington, D.C. Today, I'm pleased to bring you another short film, this one on the history of CEI.
  • Search for the Hand: 2019 CEI Dinner Movie

    June 21, 2019
    Last night was the Competitive Enterprise Institute’s 35th anniversary dinner and gala here in Washington, D.C., and a crowd of several hundred friends and supporters made the evening very special. The crowd was especially moved by tributes from the stage to founder Fred Smith by current CEI President Kent Lassman and longtime friend-of-the-Institute Rebecca Dunn.
  • Political Realignment Is Big Problem for Free-Market Supporters

    June 20, 2019
    Angela Nagle, an economic nationalist and author of “Kill All Normies,” recently argued on a podcast that, “Conservatives are starting to have these interesting debates internally about the fact that capitalism is not being their friend and helping their cultural project. […] The priorities of economic libertarianism no longer make sense."
  • Introducing Antitrust Basics

    June 17, 2019
    Often, a drips-and-drabs approach to learning an issue over a period of time is as effective as a single intense cram session. To that end, this post inaugurates a series to familiarize readers over time with the basics of antitrust regulation. This is important because the current antitrust revival is reaching a fever pitch.
  • VIDEO: How to Become a Federal Criminal

    June 14, 2019
    Have you ever made an unreasonable gesture to a passing horse in a national park? If so, you are already a federal criminal. For the rest of us, there’s a new work of reference, humor, and legal theory from attorney Mike Chase titled “How to Become a Federal Criminal: An Illustrated Handbook for the Aspiring Offender.”
  • This Summer, Celebrate Lemonade Freedom

    June 12, 2019
    There is good news for young entrepreneurs coming out of the Lone Star State, as Texas Gov. Greg Abbott (R) recently signed a bill allowing children to operate lemonade stands without needing a permit. Specifically, it “prohibits cities and neighborhood associations from enacting rules that block or regulate minors trying to sell nonalcoholic beverages on private property.”
  • State Officials, Department of Justice Should Green-Light Sprint-T-Mobile Merger

    June 12, 2019
    Yesterday’s filing by ten state attorneys general to block the proposed merger of wireless carriers T-Mobile and Sprint is the latest threat to the innovations American consumers deserve and that the unfettered marketplace is striving to deliver—if only government regulators will stay out of the way.  
  • Department of Health and Human Services Needs to Correct Record on Marijuana

    June 12, 2019
    Regulators at the federal Drug Enforcement Agency (DEA) had an opportunity in 2016 to move marijuana into a less restrictive category of controlled substances. This could have ended the ongoing conflict between federal law, which considers the sale of marijuana illegal in all cases, and the laws of the states, almost all of which consider some form of marijuana legal. The DEA, however, rejected petitions to reclassify marijuana.
  • Does Capitalism Destroy Culture?

    June 11, 2019
    Capitalism’s critics claim that the pursuit of profit can become like a black hole, consuming all of our attention and energy at the expense of culture. Some argue, for example, that the shopping activity that accompanies “Black Friday” comes at the expense of a traditional Thanksgiving. Many of us suspect that it would be better to be contemplative and thankful for our blessings, but who can resist a good deal?

Pages

Subscribe to OpenMarket: Business and Government