The Cost of Price Regulation

The Biden Administration is using recent inflationary pressure as an excuse to push a progressive price regulation agenda that would harm consumers, businesses, and ultimately the U.S. economy. Although decades of economic study and experience confirms that market pricing is a pillar of a functioning free market, the Federal Trade Commission is proposing a “Trade Regulation Rule on Unfair or Deceptive Fees” that would impose an economy-wide rule to regulate and prohibit so-called “junk fee