Meta is being sued for up to $200 billion over allegedly harming children. That would be a good start.
consumer protection
Posted inEconomic Policy
Cracking Down on Big Insurance in … Oklahoma?
State Attorney General Gentner Drummond is leading a crackdown on Allstate and State Farm.
Posted inTAP
The Great ‘Made in the USA’ Gambit
Amazon and Walmart are well equipped to detect deceptive claims about where products are made. Their own AI chatbots describe the choice not to act as a business decision.
Posted inMoney, Politics, and Power
The Meat Industry’s Tireless Effort to Keep Live Pigs in Coffins
The Save Our Bacon Act, which would override hundreds of state food safety laws, has triggered bipartisan revulsion. But the pork industry wants it so they can keep confining pigs.
Posted inLaw and Justice
Economic Hit Men for Gambling Apps
Former solicitor general Elizabeth Prelogar is writing justifications for prediction market gambling apps, joining several Biden administration colleagues defending the industry.
Posted inEconomic Policy
Anti-Monopoly Bill Hits Make-or-Break Moment in California
Advocates have gained momentum to beef up the state’s primary antitrust law, but the largest companies in the nation are trying to stop it.
Posted inEconomic Policy
New York City Wants to End Surveillance Pricing
States have attempted to prevent companies from using personal information to set prices. New York City wants to give the public a chance to enforce the law.
Posted inMoney, Politics, and Power
‘Magic Pill’ or Placebo?: Black Politicians and the Crypto Lobby
Young Black congresspeople are winning their seats with support from the crypto industry. But can investing in crypto help close the racial wealth gap?
Posted inEnergy and the Environment
Blackstone’s Utility Gambit in New Mexico Could Slip Away
Both the firm and the utility company it’s trying to take private face potential maximum fines and a hard reset of the acquisition process for flouting New Mexico state law.
Posted inPodcasts
Organized Money: California Dreamin’ … of a Slush Fund for Uber
Regulatory capture could be the grandest scam ever, and California is the Wild West.