The third roundtable will assess the consumer costs of anticompetitive regulations. Where regulation requires centralized decisions that can depart from the dynamic realities of the market and supplant free market processes, regulation poses a threat to competition and the ability of antitrust enforcement to fully protect consumers and innovation. This roundtable will consider the costs of supplanting competition with regulation, the lessons of past deregulation, and the best tools and approaches to minimize the anticompetitive effects of regulations.
The third roundtable in the series will take place in Room 7411 of the Robert F. Kennedy Department of Justice Building, 950 Pennsylvania Avenue, NW, Washington, D.C. from 10:30 a.m. to 1:30 p.m. EST.
Public Comment Submission
The Department of Justice welcomes comments in advance of each of the roundtables. The Department will accept public comments (not to exceed 20 pages) regarding the first roundtable until May 30, 2018. Interested parties may submit comments to CompReg3@usdoj.gov (for the roundtable on May 31st). Submitted comments will be made publicly available on this website.
Privacy and confidentiality: Written submissions and the identity of the submitter may be disclosed, reproduced, and distributed by publication and/or posting on the Department of Justice Web site, at the discretion of the Department of Justice. Information that is submitted in connection with this workshop cannot be maintained as confidential by the Department of Justice. Written submissions should not include any information that the submitting person seeks to preserve as private or confidential.
The third roundtable in the series will take place in the Room 7411 of the Robert F. Kennedy Department of Justice Building, 950 Pennsylvania Avenue, NW, Washington, D.C. from 10:30 a.m. to 1:30 p.m. EST on May 31, 2018. The agenda and participant statements for this roundtable will be updated on this webpage as they become available.
Introductions and Statements from Roundtable Participants
The Consumer Costs of Regulation and the Lessons from Deregulation. This session will focus on our nation’s experiences with regulation and the different approaches we have adopted over time. There is a vast academic literature focused on quantifying the costs of economic regulation and the benefits of deregulation from lower prices (or rates or fares), better products, greater innovation, and more efficient industries. Building off those insights, this session will consider how federal and state policymakers should account for the potential anticompetitive effects of regulation.
Regulation and Barriers to Entry. Since the deregulatory wave that started nearly half a century ago, many of the remaining regulations are designed to control, restrict, or prevent entry, insulating incumbent interests from competition and innovation or, at least, having the effect of making entry substantially more difficult. This session will consider the appropriate role of antitrust enforcers in efforts to bring more competition to markets still subject to regulatory barriers.
Closing Statements from Roundtable Participants
Roundtable Participants Statements:
American Bar Association, Section of Antitrust Law: Thomas Zych
American Antitrust Institute: Richard Brunell
Association of Corporate Counsel: Mary Blatch
Cato Institute: Ryan Bourne
Consumers Union: George Slover
National Diversity Coalition: Steven Sugarman
Open Markets: Lina Khan
Public Knowledge: John Bergmayer
University of Pennsylvania School of Law: Christopher Yoo
U.S. Chamber of Commerce: Gail Levine
REG3-0001 Robert M. Langer
REG3-0002 Center for Individual Freedom
REG3-0003 Wine & Spirits Wholesalers of America and American Beverage Licensees
REG3-0004 Boyden Gray & Associates, PLLC
REG3-0005 Global Antitrust Institute
REG3-0006 Scott Cleland
REG3-0007 National Association of REALTORS®
REG3-0008 National Association of Broadcasters
REG3-0009 National Council of Farmer Cooperatives