Showing archive for: “Consumer Protection”
Antitrust at the Agencies: National Nanny Hangover Edition
The Federal Trade Commission’s (FTC) rulemaking machinery is humming again. Is it being tuned for optimal performance—or revved for another trip into the ditch? Most of the current action has to do with consumer protection. That’s par for the course, really. Apart from issuing the ill-fated noncompete rule, since vacated—comments here if anyone wants a ... Antitrust at the Agencies: National Nanny Hangover Edition
The Exit Door Theory of Consumer Finance
Consumer protection often begins with a simple question: Can the consumer walk away? If the answer is no—because switching is hard, data are locked up, markets are fragmented, or new competitors cannot enter—then the problem is not just weak consumer protection. It is weak competition. That is the frame for a deceptively basic question: How ... The Exit Door Theory of Consumer Finance
Addicted to Vagueness: Lawmakers Can’t Regulate Social Media by Vibes
A lawsuit over infinite scroll sounds, at first blush, like a fight over product design. Make the app less sticky. Stop nudging teens to keep scrolling. Turn down the algorithmic dopamine machine. But the harder constitutional question is whether courts can do all that through broad, after-the-fact liability standards without telling platforms what the law ... Addicted to Vagueness: Lawmakers Can’t Regulate Social Media by Vibes
The Hidden Premise: Smuggling Paternalism Through the Back Door
A familiar pattern has taken hold in platform regulation—and in the academic and policy commentary that surrounds it. Critics spot a real phenomenon, recast it as market failure, and then press for intervention that far outstrips what the evidence can support. The result: arguments that read as persuasive but collapse under scrutiny. They conflate distinct ... The Hidden Premise: Smuggling Paternalism Through the Back Door
Turning Down the Thinking: A Law & Economics Trilogue on AI Throttling
Three section leads at the International Center for Law & Economics (ICLE) read the same viral GitHub post and reached three different conclusions. Call it a trilogue—three views, one problem, and a technology that refuses to sit still. The GitHub issue filed last week against Anthropic’s Claude Code product carried a blunt title: “Claude Code ... Turning Down the Thinking: A Law & Economics Trilogue on AI Throttling
Speech, Section 5, and Some Curious Scribbling: A First Amendment Story
The line between regulating conduct and regulating speech can be thin—and sometimes, suspiciously convenient. Last week, my International Center for Law & Economics (ICLE) colleagues Ben Sperry and Jeff Westling published a post here at Truth on the Market titled “The FCC’s Sleeping Power over the Press.” It’s not about antitrust, but it’s well worth ... Speech, Section 5, and Some Curious Scribbling: A First Amendment Story
When a Blue Checkmark Becomes a €120 Million Problem
The European Commission’s first major enforcement action under the Digital Services Act (DSA) offers an early glimpse of how the European Union intends to regulate large digital platforms—and how far that approach may diverge from the U.S. model. The DSA is an EU regulation governing how online intermediary services operate, including social-media platforms, online marketplaces, ... When a Blue Checkmark Becomes a €120 Million Problem
Section 5 Soup: The Still-Secret Recipe to the FTC’s PBM Case
The Federal Trade Commission (FTC) just announced a “landmark” settlement with one of the nation’s largest pharmacy benefit managers (PBMs). The problem is that it doesn’t actually end the PBM case—and it raises as many questions as it answers. In its settlement with Express Scripts Inc. (ESI) and its affiliated entities, the agency says the ... Section 5 Soup: The Still-Secret Recipe to the FTC’s PBM Case
Antitrust at the Agencies: More Process, Mo’ Money Edition
The White House announced a slate of administrative nominations Jan. 13, including David MacNeil—founder and CEO of WeatherTech—to fill the Federal Trade Commission (FTC) seat vacated by Melissa Holyoak, who left last November to serve as interim U.S. attorney for the District of Utah. MacNeil made his fortune by importing and later manufacturing (here in ... Antitrust at the Agencies: More Process, Mo’ Money Edition
Antitrust at the Agencies: The Business We Have Chosen Edition
These are interesting times and competition policy—let alone Federal Trade Commission (FTC) style consumer protection—may not top most people’s list of urgent concerns. But as a certain film character put it, this is the business we have chosen. So with that: Happy New Year! A Good Day at the Bureau of Competition The FTC’s Bureau ... Antitrust at the Agencies: The Business We Have Chosen Edition
Instacart Didn’t Read Your Mind. It Ran an A/B Test.
On a Thursday in early September, more than 40 strangers logged into Instacart to buy eggs and test a hypothesis. They all selected the same store, the same brand, and the same pickup option. The only difference was the price they were offered: $3.99 for some, $4.79 for others. We are, of course, supposed to ... Instacart Didn’t Read Your Mind. It Ran an A/B Test.
‘Law Proofing the Future,’ by Gregory M. Dickinson
Calls to “future-proof the law” are everywhere these days. Politicians promise it. Regulators organize panels around it. Scholars fill symposium volumes with it. The phrase resonates—who wouldn’t want the law to stand steady against the tide of AI, deepfakes, and algorithmic manipulation? But Gregory Dickinson’s forthcoming piece, “Law Proofing the Future” (Harvard Journal on Legislation, ... ‘Law Proofing the Future,’ by Gregory M. Dickinson
