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Republicans question Ivy League schools over potential price fixing collusion
Republicans question Ivy League schools over potential price fixing collusion

The Hill

time10-04-2025

  • Politics
  • The Hill

Republicans question Ivy League schools over potential price fixing collusion

Republicans sent letters to eight Ivy League institutions over concerns of collusion to raise tuition prices. The letter was sent by House and Senate Republicans to Brown University, Columbia University, Cornell University, Dartmouth College, Harvard University, Princeton University, University of Pennsylvania and Yale University. The Republicans are concerned about alleged collusion and potential violations of antitrust laws to keep college prices up. 'We are particularly concerned that Ivy League member institutions appear to collectively raise tuition prices while engaging in price discrimination by offering selective financial aid packages to maximize profit,' the letter reads. The GOP lawmakers point to examples such as forcing students to stay on campus first year and get a meal plan, a lawsuit accusing the College Board of working with institutions to reduce financial aid availability for students and the Council of Ivy League Presidents holding meetings about admission practices. The letter requests the schools produce documents since 2019 pertaining to communications with other higher education institutions and other college organizations such as College Board by April 22. The letter was sent by House Judiciary Chair Jim Jordan (R-Ohio); Senate Judiciary Chair Chuck Grassley (R-Iowa); Rep. Scott Fitzgerald (R-Wis.), chair of the House Subcommittee on the Administrative State, Regulatory Reform, and Antitrust Scott Fitzgerald (R-Wis.); and Sen. Mike Lee (R-Utah), chair of the Senate Subcommittee on Antitrust, Competition Policy, and Consumer Rights. 'The House and Senate Committees are concerned that the Ivy League member institutions' coordinated practices and alleged collusion violate the Sherman Act and that the institutions continue to benefit from their prior collusion, despite no longer having an antitrust exemption,' the group wrote.

Congressional subcommittee to hold hearing about overregulation in California following devastating wildfires
Congressional subcommittee to hold hearing about overregulation in California following devastating wildfires

Yahoo

time30-01-2025

  • Business
  • Yahoo

Congressional subcommittee to hold hearing about overregulation in California following devastating wildfires

The House Judiciary Subcommittee on the Administrative State, Regulatory Reform, and Antitrust will hold a hearing next week addressing overregulation in California following the devastating Los Angeles wildfires, stating California's "onerous regulatory regime" may have worsened the disaster, Fox News Digital has learned. The "California Fires and the Consequences of Overregulation" hearing will examine the real impacts of regulatory policy on the prevention of natural disasters, particularly in the case of California's wildfires, according to a statement obtained by Fox News Digital. It will also address how excessive regulation on insurance and permitting serves as a roadblock to those recovering from disasters. Cal Fire reported more than 12,000 homes, businesses and schools were lost to the fires and more than 100,000 people have had to leave their homes. Kelsey Grammer Says California Lawmakers 'Took Their Eye Off The Ball' In Wildfires Catastrophe Chairman of the House Judiciary Committee Jim Jordan, R-Ohio, described current disaster regulations as a "nightmare." Read On The Fox News App "Democrat-run California's excessive regulations make preventing and recovering from natural disasters a nightmare," he said. Los Angeles Wildfires: Second California Real Estate Agent Charged With Price Gouging Victims Jordan added that California needs a streamlined process, as suggested by President Donald Trump, to remove regulation and ensure citizens can rebuild and prevent similar tragedies in the future. Rep. Scott Fitzgerald, R-Wis., said the wildfires were a preventable tragedy, and Congress must examine whether California's "onerous regulatory regime" worsened the disaster. "For years, California's liberal government has prioritized environmental activism over effective forest management and disaster mitigation. Meanwhile, the politicization of their state insurance regulator has driven insurers out of the state and forced taxpayers to foot the bill," Fitzgerald said. Witnesses will include Steve Hilton, founder of Golden Together; Steven Greenhut, resident senior fellow and western region director of state affairs for the R Street Institute; and Edward Ring, director of water and energy policy for the California Policy Center, according to the statement. The hearing is scheduled for Feb. 6 at 10 article source: Congressional subcommittee to hold hearing about overregulation in California following devastating wildfires

Congressional subcommittee to hold hearing about overregulation in California following devastating wildfires
Congressional subcommittee to hold hearing about overregulation in California following devastating wildfires

Fox News

time30-01-2025

  • Business
  • Fox News

Congressional subcommittee to hold hearing about overregulation in California following devastating wildfires

The House Judiciary Subcommittee on the Administrative State, Regulatory Reform, and Antitrust will hold a hearing next week addressing overregulation in California following the devastating Los Angeles wildfires, stating California's "onerous regulatory regime" may have worsened the disaster, Fox News Digital has learned. The "California Fires and the Consequences of Overregulation" hearing will examine the real impacts of regulatory policy on the prevention of natural disasters, particularly in the case of California's wildfires, according to a statement obtained by Fox News Digital. It will also address how excessive regulation on insurance and permitting serves as a roadblock to those recovering from disasters. Cal Fire reported more than 12,000 homes, businesses and schools were lost to the fires and more than 100,000 people have had to leave their homes. Chairman of the House Judiciary Committee Jim Jordan, R-Ohio, described current disaster regulations as a "nightmare." "Democrat-run California's excessive regulations make preventing and recovering from natural disasters a nightmare," he said. Jordan added that California needs a streamlined process, as suggested by President Donald Trump, to remove regulation and ensure citizens can rebuild and prevent similar tragedies in the future. Rep. Scott Fitzgerald, R-Wis., said the wildfires were a preventable tragedy, and Congress must examine whether California's "onerous regulatory regime" worsened the disaster. "For years, California's liberal government has prioritized environmental activism over effective forest management and disaster mitigation. Meanwhile, the politicization of their state insurance regulator has driven insurers out of the state and forced taxpayers to foot the bill," Fitzgerald said. Witnesses will include Steve Hilton, founder of Golden Together; Steven Greenhut, resident senior fellow and western region director of state affairs for the R Street Institute; and Edward Ring, director of water and energy policy for the California Policy Center, according to the statement. The hearing is scheduled for Feb. 6 at 10 a.m.

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