Editors’ Briefing: This Week in Political Economy (May 4–May 12)

A whistleblower alleges fraud in the audits of Silicon Valley companies; AT&T acknowledges that hiring Michael Cohen was a “bad mistake”; new analysis finds that Amazon has not been consistent with the stated selection criteria for HQ2; and a majority of Americans back a constitutional amendment that would outlaw Citizens United. This week in political economy.   

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Two Views of Exclusion: Why the European Union and the United States Diverged on Google

What accounts for the difference in contemporary EU and US antitrust doctrine? Examined closely, says William E. Kovacic in Chapter 4 of our forthcoming Digital Platforms and Concentration ebook, the DNA of modern US antitrust doctrine is a double helix, with one strand coming from the Chicago School and a second strand from the modern Harvard school.  

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A German Approach to Antitrust for Digital Platforms

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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