The US FTC discusses the impact of licensure on occupations from nursing to accounting and describes how it evaluates the potential competitive effects of regulating professions

Why Is a Cartel Not a Cartel When at the Hands of Regulators?: The FTC’s Recent Licensing Note* In Canada, the United States and many other open western and eastern economies we fortunately live in free markets. That is to say companies in any sector can enter, devise a new product (or improve on an existing products), compete and reap the free market rewards of doing so – with risk comes reward. Except, unfortunately, for the fact that national, state/provincial and local governments continually enact legislation, regulations, bylaws and the like setting out who can play, what the requirements are (usually licensing and fee requirements) and penalties for non-compliance. Needless to say these various state, regional and local regulatory licensing requirements typically impose

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

  • Steve Szentesi Law Corporation (Vancouver)

Quotation

Steve Szentesi, The US FTC discusses the impact of licensure on occupations from nursing to accounting and describes how it evaluates the potential competitive effects of regulating professions, 16 July 2014, e-Competitions Bulletin July 2014, Art. N° 68053

Visites 172

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues