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
The week in regulations, shutdown edition: Medicare payments and arms trafficking.
The Supreme Court held oral hearings for the V.O.S. Spirits tariff case. Former Vice President Dick Cheney passed away. Democrats had a very good election…
A bad court decision on furnace regulations strengthens the case for a legislative fix
On November 4, the US Court of Appeals for the District of Columbia Circuit handed down a decision that is bad news for millions of…
The deregulation machine hits bureaucratic resistance
A new White House Office of Management and Budget (OMB) memo, “Streamlining the Review of Deregulatory Actions,” poses an ambitious test: can agencies use…
News
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…
Trump Administration Assertions in Supreme Court Tariff Hearing Lack Limiting Principle
Today, the Supreme Court heard oral arguments on the legality of President Trump’s use of the International Emergency Economic Powers Act (IEEPA) to justify the…
CFPB budget woes underscore fundamental problems with bureau’s set up
The Consumer Financial Protection Bureau (CFPB) may run out of money soon, according to news reports. The bureau has been controversial from the start due…
Op-Eds
National Review
A Less Perfect Union
Charlie Kirk’s tragic murder has had ramifications across America, but one of its strangest consequences has been to bring a venerable British institution to the brink…
Forbes
Washington’s Hidden Rulebook: The 2025 Darklore Depository And The Case For Guidance Document Reform
Agencies also say “BOO” with guidance documents, statements of policy, memoranda, notices, bulletins, advisory opinions, directives, news releases, letters and even blog posts. We call…
Washington Examiner
No excuse for price floors in rare earths dispute
Parents don’t tolerate “But they do it, too” as an excuse from their children. What about when adults in positions of power use it? That…
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