antitrust and competition
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 it. Free...
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 guarantee equal...
Pentagon Report Points to Two Major Risks to National Security: Consolidation and Shareholder Capitalism
A Pentagon report released earlier this month warns that concentrated supply chains, offshoring, and a "business climate that has favored short-term shareholder earnings” have...
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 deal with...
“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 or leave...
Paul Romer: “If You Think Moderation is Censorship, You’ve Got a Competition Problem”
During a Stigler Center keynote webinar, Nobel laureate Paul Romer discussed concentration problems in the US and possible solutions, including a “pigouvian” tax, flexible...
Digital Markets Act: Policy Choices and Conditions for Success
Last month, the European Commission introduced an ambitious new set of rules for digital platforms, the Digital Markets Act. Here is what it says,...
Why Isn’t the FTC Tackling Facebook’s Data-opoly?
Nothing in the FTC’s and states’ complaints’ prayer for relief seeks to give users greater control over their data, such as not being tracked...
The Best Political Economy Books of 2020
A travelogue of monopoly, the dangers of elite impunity, and the relevance of John Maynard Keynes: here are (in no particular order) some of...
The FTC’s Antitrust Case Against Facebook: Injunction, Divestiture, or Breakup?
While the FTC’s lawsuit against
Facebook is unlikely to lead to a “breakup,” it could force Facebook to undo
some mergers. Breaking things up is easy,...
