Elizabeth Warren’s new bill seeks to radically alter US corporate governance; America’s top CEOs earned 312 times more than their average workers last year; regulators are after Facebook for discriminatory housing ads; Elon Musk faces no more than a slap on the wrist from the SEC, experts say; and what is “the biggest policy mistake of the last decade”?
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In a wide-ranging interview with ProMarket, media scholar Siva Vaidhyanathan explains why Facebook has become “too big to manage” and why he believes the only solution to its bigness is a global political movement aimed at breaking it up.
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Monsanto loses landmark Roundup case; the Sinclair-Tribune merger blows up; Facebook wants your financial data; the historical legacy of the 2008 financial crisis; and why is the banning of Alex Jones from big tech platforms also a cause for concern?
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Apple hits the coveted $1 trillion mark—thanks to share buybacks; Senator Mark Warner’s proposals to regulate social media platforms make waves; Google is reportedly planning to launch a censored version of its search engine in China; and what’s behind the public battle between President Trump and the Koch brothers for control of the GOP?
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The EU’s record-breaking antitrust fine against Google might be too little, too late; Facebook CEO Mark Zuckerberg thanks one of his biggest advertisers, President Trump; the FCC likely dooms the Sinclair-Tribune merger; and can economists and humanists ever be friends?
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Brett Kavanaugh is expected to bring his pro-business bent to the Supreme Court; the DOJ is appealing the AT&T-Time Warner merger approval; Britain fines Facebook and the EU is expected to fine Google; and who really benefits from the GOP’s tax cuts?
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The AT&T-Time Warner merger is approved, further fueling the media merger frenzy and providing the Second Gilded Age with “another layer of gold”; net neutrality is officially dead, and media ownership rules are once again on the table; and should every American have his own account with the Federal Reserve?
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Google gives up Project Maven following “terrible” backlash; angry Facebook shareholders demand an end to Mark Zuckerberg’s “dictatorship”; American startups are in a 13-year slump; and Italy has a new government.
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A Stigler Center panel explores the implications of tech giants’ dominance on innovation and startups.
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The opening panel of the Stigler Center’s annual antitrust conference discussed the source of digital platforms’ power and what, if anything, can be done to address the numerous challenges their ability to shape opinions and outcomes present.
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George Mason University faces controversy over its relationship with donors; the former CEO of Volkswagen is charged in relation to the company’s diesel emissions cheating scandal; and are Google and Facebook already trying to undermine Europe’s new privacy rules?
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This week in political economy.
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