Designating Tech Platforms as “Information Fiduciaries” Would Do Little to Address the Source of Their Power

The notion that Facebook, Google, and Twitter should be assigned fiduciary duties toward their end users has gained broad support in recent years. However, this proposed framework invites policy misfires since it fails to grapple with the structural dimensions of tech platforms’ power.  

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Did Facebook and Google “Blackmail” EU Experts to Avoid Discussing Their Market Power?

A new report by the journalist network Investigate Europe claims representatives of Facebook and Google pressured members of an EU working group on fake news to drop proposals that would have called for an examination of the role played by tech platforms’ business models and market power in the spread of disinformation online.  

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How to Protect Competition and Consumers in Digital Markets

While some markets may self-correct, rapid self-correction in markets dominated by large digital platforms is unlikely. The economy and market structure subcommittee of the Stigler Center’s Digital Platforms Project proposes ways to reform antitrust law and regulation in order to adequately deliver competition to consumers.   

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