Google’s Calls for DOJ Antitrust Head Jonathan Kanter’s Recusal Are Baseless
Kanter’s pre-existing commitment to aggressive antitrust enforcement, far from compromising the legitimacy of his actions, reinforces his qualifications for doing the job...
Tech Platforms and the Antitrust Duty to Deal
Why is there a widespread view that existing American antitrust law is ill-equipped to address dominant platforms that exclude or discriminate against...
Should Google Still be Allowed to Crown the Kings in Digital Markets?
Google search is continuously evolving into a full service provider, directly selecting and presenting the information that we are looking for. At...
The House’s Recent Spate of Antitrust Bills Would Change Big Tech as We Know It
If enacted, the five bills that were introduced in the House this month would represent the most dramatic statutory changes to US...
The Biggest Problem Facing America: Misinformation-At-Scale
Technology companies must put community safety and privacy at the core of their business model, ensure that advertising technology is utilized responsibly,...
Organized Mimicry: Employers Against the Free Market
"Despite all the rhetorical support for free markets, it turns out that employers would rather corner their market, not free it, especially...
Senator Klobuchar’s Antitrust Bill Doesn’t Go Far Enough
Senator Klobuchar’s bill includes many useful proposals to bolster antitrust enforcement, but the antitrust laws have been so weakened by the courts...
What Would Lina Khan’s FTC Nomination Mean For the Future of Antitrust Enforcement?
If confirmed, Khan’s nomination potentially heralds a profound shift in the way that antitrust law is enforced and discussed in the US.
Congress Is Leaning Towards a Big Tech Breakup
The dominant platforms have proven themselves to be ungovernable. Behavioral remedies, especially those that require continuous oversight, might be pushed aside. The...
Why Are Google and Facebook Now Okay with Australia’s News Media Bargaining Code?
A week of commercial deals and government negotiations has resulted in a series of amendments to the legislation aimed at making Google...
LATEST NEWS
Antitrust and Competition
Algorithmic Collusion in the Housing Market
While the development of artificial intelligence has led to efficient business strategies, such as dynamic pricing, this new technology is vulnerable to collusion and consumer harm when companies share the same software through a central platform. Gabriele Bortolotti highlights the importance of antitrust enforcement in this domain for the second article in our series, using as a case study the RealPage class action lawsuit in the Seattle housing market.
Antitrust and Competition
The Future Markets Model Explains Meta/Within: A Reply to Herb Hovenkamp
In response to both Herb Hovenkamp’s February 27 article in ProMarket and, perhaps more importantly, also to Hovenkamp’s highly regarded treatise, Lawrence B. Landman, first, shows that the Future Markets Model explains the court’s decision in Meta/Within. Since Meta was not even trying to make a future product, the court correctly found that Meta would not enter the Future Market. Second, the Future Markets Model is the analytical tool which Hovenkamp says the enforcers lack when they try to protect competition to innovate.
Book Excerpts
The Chicago Boys and the Chilean Neoliberal Project
In a new book, The Chile Project: The Story of the Chicago Boys and the Downfall of Neoliberalism, Sebastian Edwards details the history of neoliberalism in Chile over the past seventy years. The Chicago Boys—a group of Chilean economists trained at the University of Chicago through the U.S. State Department’s “Chile Project”—played a central role in neoliberalism’s ascent during General Augusto Pinochet’s rule. What follows is an excerpt from the book on University of Chicago economist Milton Friedman’s 1975 visit to Chile to meet with Pinochet and business leaders.
Antitrust and Competition
Creating a Modern Antitrust Welfare Standard that Integrates Post-Chicago and Neo-Brandeisian Goals
Darren Bush, Mark Glick, and Gabriel A. Lozada argue that the Consumer Welfare Standard is inconsistent with modern welfare economics and that a modern approach to antitrust could integrate traditional Congressional goals as advocated by the Neo-Brandesians. Such an approach could be the basis for an alliance between the post-Chicago economists and the Neo-Brandesians.
Democracy
Getting Partisans To Listen to One Another Can Reduce Political Polarization
In new research, Guglielmo Briscese and Michèle Belot find that reminding Americans of shared values can open lines of communication and help reduce political polarization.
