Republican senators Mike Lee, Ben Sasse, and Rand Paul have all been high profile opponents of the Obama administrations current plan to regulate the internet -- in particular, Lee has called the regulation a government "takeover" of the internet and says it amounts to a "a massive tax increase on the middle class, being passed in the dead of night without the American public really being made aware of what is going on.”Read more
So Comcast’s chairman and CEO Brian Roberts is counting on his political clout with the Obama administration and a few inconsequential divestments to win regulatory approval for Comcast’s $45 billion acquisition of Time Warner Cable. And antitrust experts such as myself will be crunching numbers to see what the effect is on arcane and little-understood numbers such as the Herfindahl Index, which measures the increase in concentration caused by a merger. We really needn’t bother. This is a case in which common sense and anecdote trump statistical manipulation.Read more
In a continuing crackdown on the federal government's Lifeline program, sometimes known as "Obama phones," the Federal Communications Commission (FCC) has revealed that fraud and abuse in the program exceeded two million subscribers. New rules were established after it became clear that subscribers and providers were taking advantage of the system:Read more
The Obama administration is after your Lucky Charms, or at least your children’s. The public comment period closed on July 14 for a set of “voluntary” guidelines for the marketing of food to children. If adopted, these rules will transform the advertising of breakfast cereals.Read more
Bureaucrats, like all of us, love cupcakes. But is it always appropriate for them to accept cupcakes, especially when the gift-givers clearly want to curry favor? The notion that someone could sway millions – and perhaps billions – of dollars worth of business in their favor simply by delivering a bunch of cupcakes to bureaucrats might seem preposterous, but that’s exactly what happened last December.Read more
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