Tag: Big

  • Huge Tech, the FTC, and Ordoliberals: ProMarket’s High Tales of 2021

    As 2021 attracts to a detailed, we glance again at ProMarket’s most-read and most-widely shared tales of the previous yr. In a yr marked by a profound shift in the way in which that antitrust regulation is enforced and thought of in Washington, with an rising Congressional consensus concerning the dangers related to the dominance of…

  • Antitrust Regulation of Large Tech Wants a Higher Understanding of Behavioral Economics

    Latest antitrust interventions have put ahead behaviorally knowledgeable theories of hurt. Nevertheless, they’ve adopted a deterministic mannequin of habits, lacking the nuances that permit behavioral economics to supply a richer image of individuals’s conduct. The just lately concluded Google trial, grounded on the stickiness of defaults, is an effective instance. A extra cautious utility of…

  • The Shared Roots of (Neo-)Brandeisianism and Ordoliberalism Counsel How To Regulate Huge Tech

    In new analysis, Manuel Wörsdörfer compares the philosophies of two formative antitrust thinkers writing within the late 19th and early 20th centuries in america and Europe: Louis D. Brandeis and Walter Eucken. A dialogue of their physique of thought highlights the antitrust issues of the time and the way their positions may be tailored to…

  • How Massive Tech Makes use of Web Neutrality To Subvert Competitors

    A decade of proof means that Open Web insurance policies have delivered the other impact. Innovation has been the important thing argument for implementing internet neutrality, or “open web” guidelines. Whereas there isn’t a official, statutory definition, Tim Wu prompt it because the broadband community being a “impartial platform” for innovation. Open Web guidelines are…

  • How To Deal with Huge Tech Acquisitions Below Uncertainty

    The Federal Commerce Fee just lately did not cease Meta’s acquisition of digital actuality firm Inside, whereas the Division of Justice is now trying to mitigate Google’s monopolization of the web “advert tech stack” by unwinding its 2008 buy of DoubleClick. Daniel McCuaig outlines the parallels between the 2 instances and argues that buyers are…

  • How the AT&T Case Can Inform Massive Tech Breakups

    Breaking apart firms that antitrust regulators contemplate too dominant could be expensive and would possibly negatively impression innovation and shopper welfare. As economists and policymakers in america and Europe debate dismantling Massive Tech firms, they need to contemplate the teachings realized from the 1984 case of AT&T, write Monika Schnitzer and Martin Watzinger.  The alleged…