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Truth on the Market · 13h ago

The antitrust laws are not some meta-legislation authorizing whatever regulation activists want: Labor market edition

In a recent post at the (appallingly misnamed) ProMarket blog (the blog of the Stigler Center at the University of Chicago Booth School of Business — George Stigler is rolling in his grave…)...
Truth on the Market · 1W ago

The Allergan-Mohawk deal: An ingenious strategy to avoid an unbalanced IPR process

Last Friday, drug maker Allergan and the Saint Regis Mohawk Tribe announced that they had reached an agreement under which Allergan assigned the patents on its top-selling drug Restasis to t...
Truth on the Market · 1M ago

How a Patent Office Agency Undermines Patent Rights and Cripples Innovation – and What Can Be Done About It

On August 14, the Federalist Society’s Regulatory Transparency Project released a report detailing the harm imposed on innovation and property rights by the Patent Trial and Appeals Board, a...
Truth on the Market · 1M ago

Democratic Party “Better Deal” Antitrust Proposals Would be a “Worse Deal” for the American Economy and Consumers

On July 24, as part of their newly-announced “Better Deal” campaign, congressional Democrats released an antitrust proposal (“Better Deal Antitrust Proposal” or BDAP) entitled “Cracking Down...
Truth on the Market · 2M ago

When Should the Government Provide Public Goods?

My new book, How to Regulate: A Guide for Policymakers, will be published in a few weeks.  A while back, I promised a series of posts on the book’s key chapters.  I posted an overview of the...
Truth on the Market · 2M ago

Congressional Review Act Should Be Used to Strike Down Ill-Advised CFPB Arbitration Rule

On July 10, the Consumer Financial Protection Bureau (CFPB) announced a new rule to ban financial service providers, such as banks or credit card companies, from using mandatory arbitration ...
Truth on the Market · 2M ago

The Washington Post editorial board understands online competition better than the European Commission does

Last week the editorial board of the Washington Post penned an excellent editorial responding to the European Commission’s announcement of its decision in its Google Shopping investigation. ...
Truth on the Market · 2M ago

Why the Canadian Supreme Court’s Equustek decision is a good thing for freedom — even on the Internet

I recently published a piece in the Hill welcoming the Canadian Supreme Court’s decision in Google v. Equustek. In this post I expand (at length) upon my assessment of the case. In its decis...
Truth on the Market · 2M ago

An Apollo 13 approach to Obamacare

“Houston, we have a problem.” It’s the most famous line from Apollo 13 and perhaps how most Republicans are feeling about their plans to repeal and replace Obamacare. As repeal and replace h...
Truth on the Market · 2M ago

Unsurprising evidence that hiking the minimum wage hurts low wage workers

On July 1, the minimum wage will spike in several cities and states across the country. Portland, Oregon’s minimum wage will rise by $1.50 to $11.25 an hour. Los Angeles will also hike its m...