Tag: competition
President Joe Biden made promoting competition a prominent feature of his economic agenda. When issuing his executive order on competition, the president said, “Capitalism without competition isn’t capitalism; it’s exploitation. . . We can bring back more competition to more of the country, helping entrepreneurs and small businesses get in the game.” Then why is [...]
President Joe Biden wants to have your online cake and eat it too. His 2023 State of the Union address included numerous announcements of controls on industries and types of citizens. Each deserves to be critiqued, because a government-run economy becomes a failed economy. But I will limit my comments here to his plans for [...]
Two bills currently being considered by the U.S. Senate—the American Innovation and Choice Online Act (AICOA) and the Open App Markets Act (OAMA)—would, if passed and signed into law, result in significant redesigns of technology platforms of the U.S. companies Apple, Meta (owner of Facebook), Alphabet (owner of Google), and Amazon. Microsoft might also be [...]
In Sen. Amy Klobuchar’s (D-MN) proposed “Anticompetitive Exclusionary Conduct Prevention Act of 2020,” the score is: consumers 2, and antitrust litigators 20. The litigators win. According to the bill’s general statement, it seeks to “deter anticompetitive exclusionary conduct that harms competition and consumers.” Is the bill about bad companies harming consumers? Read Dr. Mark Jamison's [...]