The primary focus of the Competitive Enterprise Institute since its founding in 1984 has been to promote deregulation. Government regulation of the economy blocks innovation and wealth creation. It also encourages damaging behavior such as rent-seeking and cronyism. Finally, it crowds out more effective forms of regulation such as market discipline.
The beneficial effects of deregulation were plain in the airline and freight rail industries. Deregulation begun in the Carter administration led to more flights at lower cost and to better rail infrastructure and much lower shipping costs. Yet, since the 1990s, successive administrations of different political stripes have piled on regulations, burdening the economy needlessly. We chart this problem every year in our Ten Thousand Commandments report.
The power of regulators now raises constitutional concerns. Regulators are often unaccountable, and their insulation from the checks and balances of the constitutional system suggests that they may in effect form a fourth branch of government. The use of guidance documents to avoid rulemaking procedures, for instance, can amount to government by decree. Deregulation is therefore essential to restore good constitutional order.
CEI advocates for both overall regulatory reform – changing the ways in which rules are made to make them more transparent and easier to remove – and for specific regulatory changes. Recent successes include recognition of our concerns in Executive Orders promoting deregulation and curtailing the use of guidance, and in the reflection of our comments in rules promulgated by agencies such as the Department of Labor and the Consumer Financial Protection Bureau.
Deregulation Issue Areas
Featured Posts
Allies
Antitrust and the Federal Trade Commission in 2023
Excerpt from Mark Jamison’s piece, Antitrust and the Federal Trade Commission in 2023 in the Washington Examiner. “Generally, Republicans have a limited appetite for…
Study
Terrible Tech Bills from the 117th Congress
Congress is considering an onslaught of legislation targeting the largest tech platforms in the U.S., addressing topics such as mobile apps, advertising, merger review,…
Blog
This Week in Ridiculous Regulations
The big news is that the Food and Drug Administration is poised to follow several other countries’ lead in approving one or more coronavirus vaccines.
Studies
Frack to the Future
Introduction North Dakota is typically known for the Badlands, agriculture, Fargo (thanks, Coen brothers), cold weather, and its flat landscape. Yet, due to technological advancements…
‘Contradictory to Our Country’s Laws’
Introduction In the first days of the second Trump administration, elusive aspirations of confining agencies of the federal government to their legitimate functions suddenly seemed…
Corporate Social Irresponsibility
Executive summary State and municipal governments across America are engaged in a massive transfer of public resources to private corporate interests in the name of…
Blog
What permitting reform should and shouldn’t include
Congress is working on bipartisan permitting reform. This is a good sign, but any such efforts need to ensure they deliver genuine permitting reform that…
DOGE cancellation theatrics change nothing in the regulatory power game
“Trump administration officials have not openly said that DOGE no longer exists.” That admission came 10 paragraphs into a widely reported “exclusive” Reuters story claiming…
New York, California make a play for federal labor law enforcement
The National Labor Relations Board (NLRB), the main federal labor law enforcement agency, currently lacks a quorum to act. Ordinarily, that type of federal…
News
US economy adds 119,000 jobs in September amid tariff turmoil
American employers added 119,000 jobs in September, the government reported today in the first jobs report since the weeks long federal government shutdown. CEI experts…
Competitive Enterprise Institute documentary releases on YouTube November 19
The Competitive Enterprise Institute (CEI) is pleased to announce that its award-winning documentary, Dear Mr. President: The Letters of Julia Sand, will premiere on…
Visa and Mastercard settlement with US merchants will cause confusion for consumers and harm community banks
Visa and Mastercard have reached a settlement in their 20-year-long legal battle with US merchants. The settlement gives merchants the ability to reject reward-based credit…
Op-Eds
The Dispatch
Antitrust Law Has Never Been Static
Last week a federal judge ruled that Meta was not an illegal monopoly, citing the changes in the social media landscape since the company bought…
DC Journal
Shutdown Lesson: Don’t Depend on D.C.
The federal shutdown is over. Here’s one big takeaway: We need to depend less on Washington. The Supplemental Nutrition Assistance Program (SNAP) food aid program’s…
Forbes
Regulation Renovation: The Executive Order To Make Deregulation Permanent
The White House Office of Management and Budget’s new Streamlining the Review of Regulatory Actions memorandum signals a preferential stance toward deregulation, urging…
Staff & Scholars
Kent Lassman
President and CEO
- Capitalism
- Deregulation
- Innovation
Clyde Wayne Crews
Fred L. Smith Fellow in Regulatory Studies
- Business and Government
- Consumer Freedom
- Deregulation
Ryan Young
Senior Economist
- Antitrust
- Business and Government
- Regulatory Reform
Iain Murray
Vice President for Strategy and Senior Fellow
- Banking and Finance
- Trade and International
Devin Watkins
Attorney
- CEI Litigation
- Government Transparency
- Legal Studies
David S. McFadden
Attorney
- Law and Litigation
- Legal Studies
Marlo Lewis, Jr.
Senior Fellow
- Climate
- Energy
- Energy and Environment
James Broughel
Adjunct Fellow
- Deregulation
- Energy and Environment
- Innovation
Patricia Patnode
Research Fellow
- Banking and Finance
- Consumer Freedom
- Deregulation