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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In Chapter 5 of the forthcoming Stigler Center ebook Digital Platforms and Concentration, published in anticipation of the eponymous conference at Chicago Booth on April 19 and 20, ProMarket editor Guy Rolnik and coauthors give an overview of the challenges facing the regulators of tech giants today.
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In Chapter 2 of the ebook Digital Platforms and Concentration, forthcoming ahead of the Stigler Center’s annual antitrust conference on April 19 and 20, Justus Haucap of Heinrich-Heine University of Duesseldorf examines the distinctiveness of how Germany does antitrust for big tech, with specific looks at its current investigations of Google Shopping and Facebook and how useful data portability could really be.
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In this chapter from the forthcoming Stigler Center ebook Digital Platforms and Concentration, published in anticipation of the eponymous conference at Chicago Booth on April 19 and 20, Ezrachi and Stucke consider how leading digital platforms and data-opolies distort the online environment for private gain at the expense of the common good.
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In an interview with ProMarket, Facebook early investor Roger McNamee talks about his efforts to get Facebook to fix its business model and the moment he realized the social media giant is unwilling to change.
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This week in political economy.
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