New Paper on the Characteristics of Good Legislation
Proposing legislation is easy. Writing good legislation is hard.
The intellectual renaissance currently taking place in the antitrust community has been unprecedented since the 1970s. An indication of this trend is the influx of proposed legislation from lawmakers from both political parties. But proposing legislation is easy. Writing good legislation is hard. And, for the public, understanding whether legislation is good is even harder.
In my newest paper published by the Open Markets Institutes, I outline 25 characteristics that exemplary legislation from Congress should include to effectuate a vigorous antitrust enforcement policy. Among other recommendations, the paper asserts that proposed legislation should incorporate bright-line rules, provide narrow legal defenses, and clearly delegate authority to administrative agencies to enact rules for improving the law. Ultimately, this paper offers guidance to legislators, policy advocates, and the public on assessing whether proposed legislation will improve the antitrust laws.
The paper can be downloaded here.
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