New York regulators take steps toward allowing fracking for natural gas production

Michael Giberson Today the New York Department of Environmental Conservation took a few steps toward permitting fracking of natural gas wells, a process necessary to produce natural gas from underground shale formations. Regulatory processes being as they are, it likely means fracking will remain off-limits in the state for some time. News reports include favorable … More New York regulators take steps toward allowing fracking for natural gas production

Antitrust as the enemy of innovation, and therefore the enemy of consumers

Michael Giberson Antitrust regulators at the FTC have taken adverse interest in Google’s activities. At Regulation2point0, Robert Hahn and Peter Passel comment (links in original, highlighting added): … perhaps the FTC probe may prove to be just another minor bump on the road to riches. But there are reasons to believe that it will prove to … More Antitrust as the enemy of innovation, and therefore the enemy of consumers