The Competitive Enterprise Institute Daily Update
Issues in the News
Microsoft announces it will release its newest operating system, Windows Vista, on January 30th.
“Antitrust actions against successful businesses, such as the European Union's antitrust penalties against Microsoft, threaten to disrupt innovation and economic growth by substituting political management for market processes, by protecting competitors rather than competition. Americans are increasingly less confident that ‘competition policy’ and antitrust regulations yield any real advantages to consumers or producers—but that they offer many opportunities for firms to use government to cripple innovation or their competitors.”
Latin American free trade agreements come under threat from union-backed labor and environmental provisions.
“A largely overlooked environmental side agreement was an important building block in environmentalist’s push to more closely link economic agreements with environmental provisions.”
The Senate Committee on Energy and Natural Resources holds a hearing on oil and gas royalty management.
“Are proponents confused, or is consumer protection a rhetorical cover for other agendas? More precisely, are "windfall profits" a real problem or a pretext for energy suppression, anti-capitalism, and political demagoguery?”