Digital Economy

The EU’s Attempt at Updating Antitrust Market Definition for the Digital Age

The rise of digital platforms has upended markets and the very act of market definition—the basic unit of antitrust analysis. With the...

Fixing Facebook Would Take More Than Collective Action – It Requires Structural Change

With its dominant market power and its role as both social outlet and news provider, Facebook possesses enormous power over the flow...

Allowing Digital Platforms to Continue Picking the Winners and Losers of Our Economy Is Un-American

Antitrust law aims to stop established companies from shutting out competitors. We should revive enforcement against exclusionary conduct, as well as structurally eliminate the...

Spotify Is Mimicking Google's and Facebook's Strategy: Will It Ruin Podcasting?

Spotify announced the acquisition of The Ringer, one of the biggest networks in podcasting: a step further in its quest to dominate the audio industry...

Spotify Is Mimicking Google’s and Facebook’s Strategy: Will It Ruin Podcasting?

Spotify announced the acquisition of The Ringer, one of the biggest networks in podcasting: a step further in its quest to dominate the audio industry...

Facebook’s Enduring Control Over Social Media Markets

According to the British Competition and Markets Authority (CMA), Facebook accounts for 75 percent of the UK’s social media market. Over the past 10 years,...

Google’s and Facebook’s Grip on Digital Advertising Markets

Since July 2019, the UK's Competition and Markets Authority has been conducting an extensive investigation of the digital advertising market. In its preliminary report on...

How Allowing a Little Bit of Dissent Helps the Chinese Government Control Social Media

A new study on three major social networks in China finds that tolerating small, relatively free platforms helps the Chinese government maintain sufficiently high...

Bethany McLean’s Weekend Reading List: TikTok Deepfakes, Online Advertising, and the US-China Standoff

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.    "Fiction is the lie through which we...

It Is Time to Break Up the Disney Empire

Disney is not a corporation that pushes the bounds of artistic and technological possibility but a corporation that pushes the bounds of legal possibility...

LATEST NEWS

Beefing Up Merger Enforcement by Banning Merger Remedies

The unraveling of the T-Mobile/Sprint remedy continues a trend of failed merger consent decrees. One solution, proposed by two antitrust scholars, is...

Reaching for Influence: Do Banks Use Loans to Establish Political Connections?

A new study examines whether privately-owned banks seek political influence by offering preferred loan terms to corporate borrowers with valuable political connections,...

The New Challenges of Assessing Big Tech’s Impact

Big Tech firms are facing the biggest wave of antitrust legislation in their history. Academic literature reveals the complexity of possible consequences...

The Metaphysics of Regulatory Capture

Stiglerian capture and corrosive cultural capture, its left-leaning parallel, are ostensibly symbionts, two attempts at identifying impediments to keeping markets competitive by...

The Aristocracy of Talent: Business Intelligence

In the following excerpt from his new book, The Aristocracy of Talent: How Meritocracy Made the Modern World, Adrian Wooldridge traces "how universities...