Dealers wasted no time petitioning Congress to reverse the planned dealer terminations. The 2010 Consolidated Appropriations Act (H.R. 3288) included a provision, Section 747, which provided the opportunity for “covered dealerships” to reacquire franchises terminated on or before April 29, 2009 through an arbitration process. The provision affected all 2,789 dealerships slated for termination; however, the total count of dealers who decided to file paperwork to enter the process was 1,575. Of the cases that went to hearings, arbitrators allowed the manufacturers to close 111 dealerships and ruled in favor of 55 dealers. The other cases were settled or withdrawn.
In this paper we discuss three ways that states can benefit patients by making their health care markets more competitive: they can abolish certificate-of-need laws, liberalize scope-of-practice regulations, and remove barriers to telemedicine.
On the eve of its abolition in 1981, the Council on Wage and Price Stability (CWPS) pointed out that regulations were often imposed without a clear understanding of the problem they were supposed to solve, a realistic examination of a range of options for solving the problem, and a benefit-cost analysis of each option.
Airline deregulation in the late 1970s led to expanded cargo service, generally reduced cargo rates, and spurred substantial innovation in the types of services offered. In particular, nationwide overnight shipping became more affordable and virtually ubiquitous. The unanticipated nature of some of the results of deregulation in the 1970s suggests the possibility of further gains awaiting discovery in other regulated areas, including those portions of the air cargo industry that remain regulated.
Congress has a diverse array of proposed regulatory reforms vying for attention, from targeted reforms aimed at providing relief to small businesses to broadbased reforms of the rulemaking process. Setting priorities will be a challenge, but the common objective is clear: solving more problems at a lower cost with fewer regulations.
The development of communication networks along with the rapidly expanding use of smartphones has resulted in unexpected innovations, revolutionizing taxicab and transportation services. Two new firms, Uber and Lyft, offer a particularly novel transportation service by providing car-share and taxi services via cell phone applications and GPS.
A lame duck session of Congress occurs when legislators meet after an election has been held but before the next Congress has taken office. Lame duck sessions are often criticized by the victorious party in the election, and a common critique is that the lame duck members—undisciplined by electoral constraints—vote irresponsibly. There are subtle but statistically significant differences between voting patterns in regular and lame duck sessions, as revealed by analysis of over 50,000 House and Senate roll call votes.
RegData 2.0 offers three simple and replicable measures of regulation, each created with custom-made text analysis software run on the annual Code of Federal Regulations. This sector brief presents these statistics for five different federal regulatory agencies that are relevant to the railroad industry: Federal Motor Carriers Safety Administration, Federal Railroad Administration, Mine Safety and Health Administration, Occupational Safety and Health Administration, and Pipelines and Hazardous Material Safety Administration.
The recent decline in federal deficits should not create a false sense that the national debt is no longer a clear and present threat. While this improvement may be encouraging, it represents only a temporary respite from the government’s growing fiscal imbalances.
State and local governments often turn to increases in sales taxes to generate added revenue. Estimates of fresh revenue from the higher tax tend to be overly optimistic, partly because the number of sales tax exemptions tends to rise with the rising tax rate.
The Mercatus Center at George Mason University invites you to a Regulation University presentation with Dr. Jerry Ellig, senior research fellow, on what causes regulatory “decision-making in the dark” today.