“Boards run by people who practice the profession have become the norm.”
The Supreme Court has affirmed an FTC policy exempting state licensing boards from anti-trust law suits only if they are supervised by state government. The specific case before the court involved a North Carolina dental board “controlled by active market participants.” A piece by two law professors in the Wall Street Journal predicts “A number of suits against boards will likely follow,” adding, “That is a good thing. Last year … the University of Pennsylvania Law Review … detailed the excesses of professional licensing. Boards run by people who practice the profession have become the norm.”
Read more at Wall Street Journal
