Uber competitive: How bogus consumer laws hurt taxis, toys, and braids
Culture of Competition

Video

Event Summary

Little disagreement exists on the need for the government to regulate products for consumer safety. However, when does regulation stop protecting the consumer and begin harming innovation and entrepreneurship? At an AEI event on Wednesday, panelists argued for balance in the regulatory code based on the negative experiences of many business owners across America.

Rachel Holt, a representative of Uber Inc., discussed Uber's driver base, which is predominately drawn from lower-middle-class households. Holt argued that unnecessary regulation has threatened to put the company's drivers out of work. Next, Randall Hertzler presented his experience selling handmade toys supplied by artisans that craft small numbers of each toy. He recounted the excessive cost to the manufacturers from product safety laws, costs that are shouldered more easily by large-scale manufacturers.

Dana Berliner from the Institute for Justice pointed out that many of these issues are tied to the fact that the court system is inactive on them, refusing to limit legislation aimed at discouraging competition. Finally, Matt Yglesias of Slate pointed out that some pro-competitive policies do in fact favor larger businesses at the expense of their smaller competitors. He concluded that the US political landscape would change in favor of more competition if the social safety net were larger and more reliable, encouraging risk taking and entrepreneurship.

--Lori Sanders

Event Description

What do artisan toymakers, African American hair braiders, and smartphone-based limousine services have in common? They have all been victims of collusion between big business and big government. For example, DC politicians tried to outlaw Uber, an alternative to taxis, and Mattel supported toy-safety rules that threatened to eliminate mom-and-pop competitors.

"Consumer protection" regulation often protects large incumbent businesses from competition more than it protects consumers from harm. Such anticompetitive regulation kills entrepreneurship, robs consumers of choice, and fosters corruption and cronyism.

Please join us for a discussion of regulation, entrepreneurship, competition, and political influence.

If you are unable to attend, we welcome you to watch the event live on this page. Full video will be posted within 24 hours.

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Timothy P.
Carney

What's new on AEI

Love people, not pleasure
image Oval Office lacks resolve on Ukraine
image Middle East Morass: A public opinion rundown of Iraq, Iran, and more
image Verizon's Inspire Her Mind ad and the facts they didn't tell you
AEI on Facebook
Events Calendar
  • 21
    MON
  • 22
    TUE
  • 23
    WED
  • 24
    THU
  • 25
    FRI
Monday, July 21, 2014 | 9:15 a.m. – 11:30 a.m.
Closing the gaps in health outcomes: Alternative paths forward

Please join us for a broader exploration of targeted interventions that provide real promise for reducing health disparities, limiting or delaying the onset of chronic health conditions, and improving the performance of the US health care system.

Monday, July 21, 2014 | 4:00 p.m. – 5:30 p.m.
Comprehending comprehensive universities

Join us for a panel discussion that seeks to comprehend the comprehensives and to determine the role these schools play in the nation’s college completion agenda.

Event Registration is Closed
Tuesday, July 22, 2014 | 8:50 a.m. – 12:00 p.m.
Who governs the Internet? A conversation on securing the multistakeholder process

Please join AEI’s Center for Internet, Communications, and Technology Policy for a conference to address key steps we can take, as members of the global community, to maintain a free Internet.

Event Registration is Closed
Thursday, July 24, 2014 | 9:00 a.m. – 10:00 a.m.
Expanding opportunity in America: A conversation with House Budget Committee Chairman Paul Ryan

Please join us as House Budget Committee Chairman Paul Ryan (R-WI) unveils a new set of policy reforms aimed at reducing poverty and increasing upward mobility throughout America.

Thursday, July 24, 2014 | 6:00 p.m. – 7:15 p.m.
Is it time to end the Export-Import Bank?

We welcome you to join us at AEI as POLITICO’s Ben White moderates a lively debate between Tim Carney, one of the bank’s fiercest critics, and Tony Fratto, one of the agency’s staunchest defenders.

No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.