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US Economy Added 531,000 Jobs in October, but Biden Vaccine Mandate, Govt Spending Pose Real Threat
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…
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CEI Experts Weigh In on Reconciliation Framework Agreed to by White House and Congressional Democrats
WASHINGTON – The White House and congressional democrats announced agreement on a “framework” for a reconciliation bill that will spend nearly $2 trillion and includes…
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Jobs Added to U.S. Economy in September Show Signs of Hope and Hesitancy: CEI Analysis
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…
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Senate Judiciary Antitrust Hearing on Big Data Based on Flawed Premises
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…
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Court Rules Apple App Store Rules Do Not Violate Antitrust Laws
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…
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Latest Producer Price Index Indicates Inflation Too High
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…
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WEIRDest People in the World Author to Keynote Competitive Enterprise Institute Event September 21
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Disappointing August Job Gains Tied to Covid Restrictions, Politics
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…
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Consumer Spending, Personal Income Growth Hinge on Combating Covid Delta Variant
The federal government today released July data on consumer spending (slower growth compared to June) and personal income growth (higher than expected). CEI Senior…
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FTC’s Latest Antitrust Case Against Facebook a Conflict-of-Interest in Search of a Crime
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…
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Jobless Claims Drop to Pre-Pandemic Level but Congress Spending Binge Threatens Recovery
The federal government today reported a drop in seasonally adjusted initial unemployment claims to the lowest level for this average since March 2020. CEI…
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July Jobs Analysis: More Spending, Restrictions from Congress Won’t Help
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…
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Numbers Show Economy is Recovering, but Washington Spending Won’t Help
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…
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CEI Supports Sen. Rick Scott and Rep. Byron Donald’s New Regulatory Reform Bill to Prune Unneeded Rules
WASHINGTON – Sen. Rick Scott (R-FL) recently introduced S. 2239, the Unnecessary Agency Regulations Act of 2021, a law that would require the Office…
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Government Can Further Jobs Gain By Continuing to Ease Restriction and Not Spending
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…
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US/EU Reach Limited Agreement on Aerospace Tariffs but Fall Short
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…
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Jobs Numbers Show Rolling Back Covid-19 Restrictions Would Restore Resilience in U.S. Economy
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…
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DC Antitrust Suit Against Amazon Could Actually Harm Consumers by Making Online Goods More Expensive
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…
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EU Antitrust Action Against Apple – Bad for Trade, Bad for Consumers
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…
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Hawley Antitrust Plan Would Limit Innovation and Harm Consumers
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…
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CEI Commends Sen. Lankford for Introducing Pandemic Preparedness, Response, and Recovery Act
On Thursday, Senator James Lankford (R-OK) introduced the Pandemic Preparedness, Response, and Recovery Act. The bill would establish an independent commission to…
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CEI Experts: Courts Should Dismiss Antitrust Lawsuits against Facebook
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…
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Federal Minimum Wage Hike will Force Cuts Elsewhere
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…
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Federal Minimum Wage Hike to $15 an Hour Will Hurt Small Businesses, Lead to Lost Jobs
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…
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December Job Losses in Leisure & Hospitality Eclipse Gains in Other Sectors – What Can Policymakers Do?
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…
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Third Antitrust Suit against Google since October based on Flawed Argument
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…
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Texas Antitrust Case Against Google would Harm Consumers and Small Businesses
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…
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New EU Tech Rules will Chill Innovation and Harm Consumers
The European Union today announced new rules it claims will change the way technology companies operate. The EU says the Digital Services Act and…
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EU’s Antitrust Charges against Amazon at Odds with Reality
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…
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Record GDP Numbers: Good News and Next Steps
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:…
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EU’s Inconsistent and Protectionist Approach to Antitrust in the Digital Age Stifles Innovation and Harms Consumers
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.
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DOJ Suit Against Google Seeks to Expand Antitrust Standard Beyond Consumer Harm
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…
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September Brought Uptick in Jobs – Will Next Government Steps Help or Hurt?
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…
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CEI Experts Applaud Sens. Lankford, Johnson, and Portman for Independent Regulatory Commission Legislation
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…
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Antitrust Investigations against Tech Threaten to Hamper Pandemic Response and Recovery
The Competitive Enterprise Institute (CEI) released a new report today arguing that large technology companies are making invaluable contributions to our quality of life…
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WTO Rules Against Trump’s China tariffs, but the Problem Remains the Tariffs Themselves
The World Trade Organization ruled today that President Trump violated global trade rules by unilaterally imposing tariffs on over $350 billion worth of Chinese…
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Trump Administration Backs Down on Tariffs on Canada Aluminum, But Long-Term Problems Unfixed
In another high stakes trade matter today, the Trump administration decided to back down from plans to impose tariffs on Canadian aluminum. Just before…
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New CEI Report Finds Bipartisan Embrace of Harmful, Interventionist Tech Policies
Neither major political party holds a monopoly on bad ideas when it comes to federal policy towards the technology sector, according to a…
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July Jobs Numbers Show Economic Impact of Coronavirus Policy Reversals
CEI labor policy expert Sean Higgins breaks down what the jobs numbers from July are telling decision makers:…
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Aluminum Tariff Increase is #NeverNeeded, Should Be Repealed Instead
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Report: Anti-Price-Gouging Laws Do More Harm Than Good
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,…
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#NeverNeeded Report: Systemic Regulatory Reform Will Aid Economic Recovery from COVID-19
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…
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Report: Tariff Relief Would Help COVID-19 Recovery
A new Competitive Enterprise Institute report proposes three plans Congress and the Trump administration can enact immediately to lift trade barriers in the way of…
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Great News on Job Recovery
Upending expert predictions, the U.S economy added 2.5 million jobs in May and the unemployment dropped to 13.3 percent, according to the Labor Department. This,…
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April Pandemic-Caused Unemployment Rate Underscores Urgency of Getting Rid of #Neverneeded Regulations
CEI senior fellow Ryan Young indicated that April’s 14.7 percent unemployment rate was unsurprising and will probably continue in May. He called on policymakers to…
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CEI Experts Blast Attempts to Politicize COVID-19 Relief Bill
While the nation suffers, Washington has descended into an unseemly squabble over the latest COVID-19 relief bill. Politicians from all quarters are attempting to expand…
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Trump’s China Trade Deal Helps with Future Tariffs but Comes at a Big Cost
President Trump today signed an initial trade deal with China, defusing a spate of recent trade disputes with one of the world’s largest economies. CEI…
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CEI Opposes USMCA
The Competitive Enterprise Institute (CEI) today announced its opposition to the USMCA agreement between the United States, Mexico, and Canada.
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USMCA Economic Impact Almost too Small to Measure
Today, the White House and House Democrats have reportedly reached a deal on terms for a trade deal between the U.S., Mexico, and Canada. But…
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President Trump Should Walk Back New Steel, Aluminum Tariffs against Brazil, Argentina
President Trump this morning announced via Twitter that he is imposing steel and aluminum tariffs against Brazil and Argentina. Tariffs won’t help farmers or manufacturers,…