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News Releases

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News Release

Inflation Hits 40 Year High, but Policymakers Can Fix It

  • Ryan Young
  • 01/12/2022

Inflation is up, again, the Bureau of Labor Statistics reports today. The Federal Reserve has a clear job to do, but Congress and President…

Deregulation

News Release

Revived FTC Antitrust Suit Against Facebook Could Put Chill on Innovative Acquisitions in Tech Industry

  • Jessica Melugin, Ryan Young
  • 01/11/2022

WASHINGTON – A federal judge today reversed an earlier decision and permitted a case filed against Facebook by the Federal Trade Commission (FTC) to…

Antitrust

News Release

December’s Disappointing Job Numbers Show Government Should Loosen Restrictions on Economy

  • Ryan Young
  • 01/07/2022

On Friday, the Biden Administration released the jobs report for December 2021, showing the U.S. economy added 199,000 jobs. The number was far short of…

Labor and Employment

News Release

Consumer Spending Growth Slows: COVID, Inflation, Supply Networks Are Factors: CEI Statement

  • Ryan Young
  • 12/23/2021

On news today that inflation rose again in November, CEI Senior Fellow Ryan Young urged policymakers to do their part by spending less: “Consumer spending grew…

Labor and Employment

News Release

Disappointing Job Gains for November 2021 Speak to Government Barriers to Economic Recovery

  • Ryan Young, Sean Higgins
  • 12/03/2021

The U.S. economy added 210,000 jobs in November, far short of what economists expected. CEI experts say government mandates and restrictions remain a big part…

Labor and Employment

News Release

Thankful for Good Economic News on Jobs, Consumer Spending: More to Do

  • Ryan Young
  • 11/24/2021

During Thanksgiving week, jobless claims dipped to 199,000, their lowest level in 52 years, when the country’s population was less than two thirds of…

Labor and Employment

News Release

Fed Chairman Powell Should Prioritize Getting Inflation Under Control

  • Ryan Young
  • 11/23/2021

President Biden has re-nominated Jerome Powell to head the Federal Reserve, and CEI Senior Fellow Ryan Young expressed hope that Powell will make the politically…

Banking and Finance

News Release

Inflation Hits High Mark with Consumer Price Climb in October 2021, but Policymakers Can Take Steps to Help: CEI Statement

  • Ryan Young
  • 11/10/2021

Bad news for consumers – prices rose 0.9 percent in October and to a 30-year high, according to data released today by the Labor…

Banking and Finance

News Release

US Economy Added 531,000 Jobs in October, but Biden Vaccine Mandate, Govt Spending Pose Real Threat

  • Ryan Young, Sean Higgins
  • 11/05/2021

The American economy added 531,000 jobs in October, according to the U.S. Labor Department. CEI experts pointed to Covid declines but also warned that…

Labor and Employment

News Release

CEI Experts Weigh In on Reconciliation Framework Agreed to by White House and Congressional Democrats

  • Ben Lieberman, Clyde Wayne Crews, John Berlau, Michelle Minton, Ryan Young
  • 11/01/2021

WASHINGTON – The White House and congressional democrats announced agreement on a “framework” for a reconciliation bill that will spend nearly $2 trillion and includes…

Deregulation

News Release

Jobs Added to U.S. Economy in September Show Signs of Hope and Hesitancy: CEI Analysis

  • Ryan Young, Sean Higgins
  • 10/08/2021

The U.S. economy added 194,000 jobs added in September, and unemployment dipped. CEI experts Ryan Young and Sean Higgins say this is encouraging because it…

Labor and Employment

News Release

Senate Judiciary Antitrust Hearing on Big Data Based on Flawed Premises

  • Ryan Young
  • 09/21/2021

WASHINGTON – The Senate Judiciary Committee’s Subcommittee on Antitrust will hold a hearing today on the implications of data on competition. Subcommittee Chair Senator Amy…

Antitrust

News Release

Court Rules Apple App Store Rules Do Not Violate Antitrust Laws

  • Jessica Melugin, Ryan Young
  • 09/10/2021

A federal district court today ruled that Apple’s rules regarding payments on its App Store do not violate antitrust laws. The case, brought by video…

Antitrust

News Release

Latest Producer Price Index Indicates Inflation Too High

  • Ryan Young
  • 09/10/2021

The government’s latest numbers on average changes in prices, as measured by the Producer Price Index (PPI), are up at an annualized rate of 8.3…

Banking and Finance

News Release

WEIRDest People in the World Author to Keynote Competitive Enterprise Institute Event September 21

  • Ryan Young
  • 09/08/2021

The Competitive Enterprise Institute today announced that Dr. Joseph Henrich, Harvard professor and author of The WEIRDest People in the World, will deliver the keynote…

News Release

Disappointing August Job Gains Tied to Covid Restrictions, Politics

  • Ryan Young, Sean Higgins
  • 09/03/2021

Competitive Enterprise Institute experts commented on today’s disappointing news about August job gains, urging policy makers to reject restrictions and politics and look for ways…

Labor and Employment

News Release

Consumer Spending, Personal Income Growth Hinge on Combating Covid Delta Variant

  • Ryan Young
  • 08/27/2021

The federal government today released July data on consumer spending (slower growth compared to June) and personal income growth (higher than expected). CEI Senior…

Capitalism

News Release

FTC’s Latest Antitrust Case Against Facebook a Conflict-of-Interest in Search of a Crime

  • Jessica Melugin, Ryan Young
  • 08/19/2021

The Federal Trade Commission (FTC) voted to re-file an antitrust case against Facebook, accusing the social media company of being a monopoly and seeking to…

Antitrust

News Release

Jobless Claims Drop to Pre-Pandemic Level but Congress Spending Binge Threatens Recovery

  • Ryan Young
  • 08/19/2021

The federal government today reported a drop in seasonally adjusted initial unemployment claims to the lowest level for this average since March 2020. CEI…

Labor and Employment

News Release

July Jobs Analysis: More Spending, Restrictions from Congress Won’t Help

  • Ryan Young, Sean Higgins
  • 08/06/2021

The U.S. economy added 943,000 jobs in the month of July, with a decline in unemployment to 5.4 percent according to government numbers released…

Labor and Employment

News Release

Numbers Show Economy is Recovering, but Washington Spending Won’t Help

  • Ryan Young
  • 07/29/2021

New numbers from the Commerce Department show the economy showed strong growth in the second quarter of the hear, with gross domestic product (GDP) at…

Business and Government

News Release

CEI Supports Sen. Rick Scott and Rep. Byron Donald’s New Regulatory Reform Bill to Prune Unneeded Rules

  • Clyde Wayne Crews, Ryan Young
  • 07/02/2021

WASHINGTON – Sen. Rick Scott (R-FL) recently introduced S. 2239, the Unnecessary Agency Regulations Act of 2021, a law that would require the Office…

Deregulation

News Release

Government Can Further Jobs Gain By Continuing to Ease Restriction and Not Spending

  • Ryan Young, Sean Higgins
  • 07/02/2021

The economy added 850,000 jobs in June, according to newly released numbers by the Labor Department. That exceeds the anticipated number of 700,00. And the…

Labor and Employment

News Release

US/EU Reach Limited Agreement on Aerospace Tariffs but Fall Short

  • Iain Murray, Ryan Young
  • 06/15/2021

The European Union and the United States eagerly announced today that they resolved their 17-year dispute over aerospace subsidies, but subsidies to Boeing and Airbus will remain…

Trade and International

News Release

Jobs Numbers Show Rolling Back Covid-19 Restrictions Would Restore Resilience in U.S. Economy

  • Ryan Young, Sean Higgins
  • 06/04/2021

The Biden Administration’s Labor Department reported today that the United States added 559,000 jobs in May and the unemployment rate dropped to 5.8%. CEI Senior…

Deregulation

News Release

DC Antitrust Suit Against Amazon Could Actually Harm Consumers by Making Online Goods More Expensive

  • Jessica Melugin, Ryan Young
  • 05/25/2021

The District of Columbia’s Attorney General filed a lawsuit today against Amazon, alleging the tech company is engaged in anti-competitive behavior by controlling retail…

Antitrust

News Release

EU Antitrust Action Against Apple – Bad for Trade, Bad for Consumers

  • Jessica Melugin, Ryan Young
  • 04/30/2021

The EU Commission declared today that “Apple has a monopoly” in the distribution of music streaming apps to owners of Apple devices, the upshot of…

Antitrust

News Release

Hawley Antitrust Plan Would Limit Innovation and Harm Consumers

  • Jessica Melugin, Ryan Young
  • 04/12/2021

Senator Josh Hawley (R-MO) today touted a new proposal he calls a “trust busting plan” that calls for a new standard for antitrust intervention to…

Antitrust

News Release

CEI Commends Sen. Lankford for Introducing Pandemic Preparedness, Response, and Recovery Act

  • Clyde Wayne Crews, Ryan Young
  • 03/26/2021

On Thursday, Senator James Lankford (R-OK) introduced the Pandemic Preparedness, Response, and Recovery Act. The bill would establish an independent commission to…

Deregulation

News Release

CEI Experts: Courts Should Dismiss Antitrust Lawsuits against Facebook

  • Jessica Melugin, Kent Lassman, Ryan Young
  • 03/10/2021

Facebook today asked courts to dismiss antitrust lawsuits brought by the Federal Trade Commission and state attorneys general, an outcome supported by the Competitive Enterprise…

Antitrust

News Release

Federal Minimum Wage Hike will Force Cuts Elsewhere

  • Ryan Young, Sean Higgins
  • 02/26/2021

With the Democrat-controlled Congress aiming to imminently pass a plan to increase the federally-mandated minimum wage from $7.25 to $15 per hour nationwide as part…

Labor and Employment

News Release

Federal Minimum Wage Hike to $15 an Hour Will Hurt Small Businesses, Lead to Lost Jobs

  • Ryan Young, Sean Higgins
  • 01/15/2021

President-elect Joe Biden today announced a $1.9 trillion COVID-19 recovery plan that includes not only $1,400 stimulus checks to many Americans but a federal minimum…

Labor and Employment

News Release

December Job Losses in Leisure & Hospitality Eclipse Gains in Other Sectors – What Can Policymakers Do?

  • Ryan Young, Sean Higgins
  • 01/08/2021

The Labor Department reported today the economy lost 140,000 jobs in December 2020. Gains in various sectors were eclipsed by 500,000 jobs lost in…

Labor and Employment

News Release

Third Antitrust Suit against Google since October based on Flawed Argument

  • Ryan Young
  • 12/17/2020

A coalition of more than 30 states and territories today filed an antitrust lawsuit against Google, alleging the search engine has abused its power in…

Antitrust

News Release

Texas Antitrust Case Against Google would Harm Consumers and Small Businesses

  • Jessica Melugin, Ryan Young
  • 12/16/2020

The State of Texas announced today it is filing an antitrust lawsuit against Google, alleging the company’s online advertising platform harms competition and allows…

Antitrust

News Release

New EU Tech Rules will Chill Innovation and Harm Consumers

  • Iain Murray, Ryan Young
  • 12/15/2020

The European Union today announced new rules it claims will change the way technology companies operate. The EU says the Digital Services Act and…

Tech and Telecom

News Release

EU’s Antitrust Charges against Amazon at Odds with Reality

  • Ryan Young
  • 11/10/2020

The European Commission today announced it was charging Amazon with antitrust violations, accusing the retailer of using data from third-party sellers to benefit its own…

Antitrust

News Release

Record GDP Numbers: Good News and Next Steps

  • Iain Murray, Ryan Young
  • 10/29/2020

Today’s GDP numbers are good news — but what policies will help people who still suffering and aid a fuller recovery? Ryan Young, CEI Senior Fellow:…

Banking and Finance

News Release

EU’s Inconsistent and Protectionist Approach to Antitrust in the Digital Age Stifles Innovation and Harms Consumers

  • Henrique Schneider, Jessica Melugin, Ryan Young
  • 10/29/2020

The Competitive Enterprise Institute (CEI) released a new paper today examining the European Union’s approach to enforcing antitrust policy against large and innovative technology companies.

Antitrust

News Release

DOJ Suit Against Google Seeks to Expand Antitrust Standard Beyond Consumer Harm

  • Clyde Wayne Crews, Jessica Melugin, Ryan Young
  • 10/20/2020

The Department of Justice filed a lawsuit today alleging Google has broken antitrust laws with its search function and digital advertising practices. Associate Director of CEI’s…

Antitrust

News Release

September Brought Uptick in Jobs – Will Next Government Steps Help or Hurt?

  • Ryan Young, Sean Higgins
  • 10/02/2020

Employers added 661,000 jobs in September, and the unemployment rate declined to 7.9 percent from 8.4 percent, the U.S. Bureau of Labor Statistics said today…

Labor and Employment

News Release

CEI Experts Applaud Sens. Lankford, Johnson, and Portman for Independent Regulatory Commission Legislation

  • Clyde Wayne Crews, Ryan Young
  • 09/25/2020

On Thursday, Senators James Lankford (R-OK), Ron Johnson (R-WI), and Rob Portman (R-OH) introduced the Pandemic Preparedness, Response, and Recovery Act. The House…

Regulatory Reform

News Release

Antitrust Investigations against Tech Threaten to Hamper Pandemic Response and Recovery

  • Jessica Melugin, Patrick Hedger, Ryan Young
  • 09/23/2020

The Competitive Enterprise Institute (CEI) released a new report today arguing that large technology companies are making invaluable contributions to our quality of life…

Capitalism

News Release

WTO Rules Against Trump’s China tariffs, but the Problem Remains the Tariffs Themselves

  • Ryan Young
  • 09/15/2020

The World Trade Organization ruled today that President Trump violated global trade rules by unilaterally imposing tariffs on over $350 billion worth of Chinese…

Trade and International

News Release

Trump Administration Backs Down on Tariffs on Canada Aluminum, But Long-Term Problems Unfixed

  • Ryan Young
  • 09/15/2020

In another high stakes trade matter today, the Trump administration decided to back down from plans to impose tariffs on Canadian aluminum. Just before…

Trade and International

News Release

New CEI Report Finds Bipartisan Embrace of Harmful, Interventionist Tech Policies

  • Clyde Wayne Crews, Iain Murray, Jessica Melugin, John Berlau, Patrick Hedger, Ryan Young
  • 09/10/2020

Neither major political party holds a monopoly on bad ideas when it comes to federal policy towards the technology sector, according to a…

Tech and Telecom

News Release

July Jobs Numbers Show Economic Impact of Coronavirus Policy Reversals

  • Ryan Young
  • 08/07/2020

CEI labor policy expert Sean Higgins breaks down what the jobs numbers from July are telling decision makers:…

Labor and Employment

News Release

Aluminum Tariff Increase is #NeverNeeded, Should Be Repealed Instead

  • Ryan Young
  • 08/06/2020

President Trump’s decision to re-impose 10 percent aluminum tariffs against Canada is misguided policy for four reasons, according to CEI senior fellow Ryan Young:…

News Release

Report: Anti-Price-Gouging Laws Do More Harm Than Good

  • Ryan Young
  • 07/22/2020

Policymakers called for price gouging laws in the wake of the COVID-19 pandemic, when massive shortages—and rising prices—ensued nationwide for hand sanitizer, personal protective equipment,…

Banking and Finance

News Release

#NeverNeeded Report: Systemic Regulatory Reform Will Aid Economic Recovery from COVID-19

  • Ryan Young
  • 07/09/2020

Policy makers at all levels of government have waived more than 600 regulations, including rules impeding access to medical care and making the economic shock…

Regulatory Reform

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