TOTM
New Regulatory Reform Initiative Could Bolster Trade Negotiations
Truth on the Market
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In an Aug. 15 announcement, the White House and U.S. Justice Department (DOJ) pledged to undertake “an effort to identify State laws that significantly and adversely impact the national economy or interstate economic activity and to solicit solutions to address such effects.” This project complements the White House’s earlier April 9 executive order directing the federal antitrust agencies to identify and eliminate anticompetitive regulations that distort markets and reduce economic growth.
The latest initiative, boosted by new “hot off the press” scholarly research, could lend further support to U.S. trade negotiations directed at dismantling anticompetitive market distortions (ACMDs) around the world.