Digital Platforms

Why Are Google and Facebook Now Okay with Australia’s News Media Bargaining Code?

A week of commercial deals and government negotiations has resulted in a series of amendments to the legislation aimed at making Google...

“Free is Not Free”: What the Apple-Facebook Spat and the GameStop-Robinhood Fiasco Have in Common

In an interview with ProMarket, antitrust scholar, lawyer, and businesswoman Dina Srinivasan explains why she believes that if users were given the...

Big Tech’s Fight Over Privacy: Could Facebook Win an Antitrust Lawsuit Against Apple?

Do the new iOS 14 privacy features violate antitrust laws? If Facebook brings an antitrust suit against Apple, as it is reportedly...

Giving Away Our Data for Free is a Market Failure

By convincing users to give away their data for free, digital platforms have caused a market failure. This failure benefits them and...

False News Has a Long History—But Those In Power Failed To Heed It

In his book The Reality Game: How the Next Wave of Technology Will Break the Truth, Samuel Woolley explores how governments failed...

The Great Deplatforming: Can Digital Platforms Be Trusted As Guardians of Free Speech?

Online social media platforms accepted the role of moderating content from Congress in 1996. The Great Deplatforming that occurred after January 6...

Digital Platforms May Be Monopolistic Providers, But They Are Not Infrastructure

Social media platforms are not infrastructure nor natural monopolies, and they should be regulated only if they have monopolistic power and abuse...

The Digital Markets Act Represents a Change in Europe’s Approach to Digital Gatekeepers

The Digital Markets Act is not a competition tool as such. Rather, it is a market regulation whose main objective is to...

There Are Lots of Competition Problems on the Internet. Parler’s Takedown Is Not One of Them.

Parler’s antitrust case against Amazon is doomed, and there is no basis for Congress to impose any special duties on Amazon to...

“An Offer We Can’t Refuse”: How We Gave Away Our Data and Made Big Tech What It Is Today

WhatsApp’s new terms of service should come as no surprise. For years, Big Tech has been offering its users these “take it...

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Stigler’s Interest-Group Theory of Regulation: A Skeptical Note

As a rule, regulation is not acquired by “the industry,” and it is not designed and operated primarily for its benefit. The...

The Durable Impact of Stigler’s Theory of Economic Regulation

George Stigler’s “The Theory of Economic Regulation” was an early application of public choice reasoning to a practical problem—the work of regulatory...

Economic Regulation After George Stigler

George Stigler’s “The Theory of Economic Regulation” has left a lasting impact on the academic and real-world practice of regulatory policy. Fifty...

Female Academics Are Disproportionately Affected By Covid-19 Disruptions In Childcare

A new paper finds that academics who are parents to young children, and especially mothers, have lost a significant amount of research...

Rethinking Competition: From Market Failures to Ecosystem Failures

Despite the overwhelming importance of digital platforms, and the chatter around their recent rise, our understanding of digital ecosystems is still limited....

A Famed Economist’s Public Company U-Turn

Michael Jensen, a leading late 20th century economist, pivoted from praising public companies in the 1970s to assailing public company governance in...

Chinese Antitrust 2.0: Why Is China Going After Its Big Tech?

In an interview with ProMarket, Angela Huyue Zhang, author of a new book Chinese Antitrust Exceptionalism, discusses the motivations behind the recent...