January 29, 2018 8:50 AM
Laws about competition should be restricted to laws preventing government from playing favorites. Government-erected barriers against competition or innovation need to be torn down. As current antitrust law is itself a barrier to innovation, it should be one of the first targets.
January 17, 2018 5:18 PM
Regulation in the technology sector (beyond the absolute minimum necessary) is worse than government merely picking winners and losers—not just because government picks only losers, but because it fosters stagnation in the entire tech ecosystem.
Antitrust in particular (the original “...
December 21, 2017 3:24 PM
In his call for regulation of the Internet sector—and not just of the Internet service providers whom he wanted to bow to net neutrality—former Federal Communications Commission Chairman Tom Wheeler is even going after Obama White House pals and...
December 14, 2017 6:53 PM
The Walt Disney Company has come to an agreement to buy most of 21st Century Fox’s assets for $52.4 billion, but before the deal goes through, it will face scrutiny from antitrust regulators. The Department of Justice (DOJ), under the Trump administration, made the surprising and misguided decision last month to sue to block the merger of AT&T and Time Warner, so it’s hard to predict how DOJ will react to the Disney-Fox deal. Given that the deal will increase competition in online streaming and might encourage Hollywood to keep taking risks on big-budget films, the government should let the transaction go through.
Although Disney and Fox...
November 22, 2017 1:06 PM
The 30,000-foot view of the net neutrality debate is much like every other policy question; do you want private entities in a marketplace in charge or do you want government regulators calling the shots?
Given the record of free markets versus that of government programs, the answer seems...
November 13, 2017 2:55 PM
AT&T’s acquisition of Time Warner reportedly hit a snag with the Department of Justice, and some wonder whether Trump’s hatred of CNN is to blame. Ironically, many of the...
November 13, 2017 1:14 PM
Last week Sen. Al Franken (D-MN) gave a speech to an Open Markets Institute panel and wrote in The Guardian that he not only wants to preserve government regulation of Internet service providers, but also advocates extending those net...
November 10, 2017 5:21 PM
Earlier this week, the Acting Comptroller of the Currency, Keith Noreika, reignited one of the most hotly debated topics in financial regulation: the separation of banking and commerce. The doctrine prohibits nonfinancial firms from owning and operating banks, as well as commercial and investment banks from mixing activities, and was instituted...
September 27, 2017 2:16 PM
UPDATE: On Thursday, September 28, President Trump waived the Jones Act for Puerto Rico for 10 days.
The devastation of Puerto Rico by Hurricane Maria continues to unfold, with the restoration of basic...
July 24, 2017 6:00 PM
Economic growth needs to be increased from its current sluggish rate. Growth was 1.6% per year under Obama, compared to 3.5% under Reagan and 2.1% under George W. Bush. In the first quarter of 2017, it was just...