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Techlash Goes to Court

Late last year, the Department of Justice and the Federal Trade Commission (along with dozens of states attorneys general) filed landmark antitrust cases against Google and Facebook for anticompetitive tactics. Will these lawsuits succeed? What are the potential consequences? Catch up on ProMarket's coverage of the ongoing antirust cases against Big Tech.

Antitrust and Competition

In FTC vs. Facebook, the Government Lost the First Round. It Could Still Win the Fight.

John Newman
Despite some compelling allegations, a federal judge dismissed the FTC's antitrust complaint against Facebook due to the agency’s failure to explain how...
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Antitrust and Competition

Why the FTC Antitrust Case Against Facebook Was Dismissed

Herbert Hovenkamp
Many of the problems with the FTC complaint against Facebook that was dismissed in court last month appear to be fixable. However,...
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Antitrust and Competition

Identifying the Market In the Facebook Antitrust Case

Herbert Hovenkamp
Facebook can be a monopolist over a cluster of noncompeting products that do not fit the standard economic definition of a “market.”...
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Antitrust and Competition

Facebook Break-up Can Be Feasible, Efficient, and Ultimately Beneficial to Consumers

Paolo Buccirossi, Emilio Calvano, Tomaso Duso
Is the relief sought by the FTC in its case against Facebook the right way to go? In principle, yes. However, the...
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Antitrust and Competition

Reviewing Facebook’s Mergers Could Have Negative Ripple Effects

Randy Picker
How the pre-merger notification regime came about and why we should be careful about discouraging useful mergers.
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Antitrust and Competition

The Antitrust Cases Against Facebook And Google: In Search of a Smoking Gun

Samuel Weinstein
In the Microsoft antitrust case, Bill Gates’ emails were perhaps the government’s most compelling evidence. Now, as regulators pursue antitrust cases against Facebook...
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Antitrust and Competition

Why Isn’t the FTC Tackling Facebook’s Data-opoly?

Maurice E. Stucke
Nothing in the FTC’s and states’ complaints’ prayer for relief seeks to give users greater control over their data, such as not...
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Antitrust and Competition

The FTC’s Antitrust Case Against Facebook: Injunction, Divestiture, or Breakup?

Herbert Hovenkamp
While the FTC’s lawsuit against Facebook is unlikely to lead to a “breakup,” it could force Facebook to undo some mergers. Breaking things up...
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Antitrust and Competition

Facebook Could Be Heading Towards a Breakup

Hal Singer
Assuming Facebook’s acquisitions can be shown to have eliminated emerging rivals, reversing those acquisitions via divestiture—“the most important of antitrust remedies”—is the...
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Antitrust and Competition

What the Department of Justice Can Learn from the European Union’s Antitrust Investigations Into Google

Christian Bergqvist
The Department of Justice has opened antitrust investigations into Google's (alleged) attempt to monopolize online advertising. While the case recycles old grievances...
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Money in Politics

Healthcare Companies Spent More on Lobbying Than Any Other Industry Last Year

Brooke Fox
Threatened by regulated price caps from congress, the pharmaceutical industry spent nearly $390 million on lobbying in 2021 according to new data...
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Antitrust and Competition

Antitrust and Rule by Judges

Paul Tucker
The early-1980s Posner-Stigler memorandum to incoming president Reagan’s transition team is interesting for a host of reasons, but most of all in...
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Antitrust and Competition

Should the European Union Require Tech Firms to Adopt a Common Charger?

Federico Innocenti, Martin Peitz
According to a new European Commission directive expected to be approved in the next few months, tech firms will have to use...
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News

Chart of the Week: Economists Don’t Think Congress Should Make Price Gouging Illegal

Brooke Fox
Most economists disagree with a new bill in the US that would set limits on "unconscionably excessive prices," according to a recent...
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Antitrust and Competition

Neoliberal Economists Are Giving Biden Bad Advice on Inflation

Hal Singer
To spare the economy from the pain of further interest rate hikes, the President should aggressively pursue anticompetitive conduct by companies in...
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Antitrust and Competition

How Would the Big Tech Self-Preferencing Bill Affect Users? 

Randy Picker
The Senate looks to be nearing a vote on the American Innovation and Choice Online Act, which would prohibit gatekeeping digital platforms...
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News

New eBook Revisits George Stigler’s Theory of Regulatory Capture 50 Years Later

Filippo Lancieri, Luigi Zingales
To mark the 50-year anniversary of George Stigler’s seminal piece, “The Theory of Economic Regulation” we are publishing a new eBook examining...
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ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.

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