.@tylercowen: There is an enormous amount of competition in social networking and communication. https://t.co/ZNSOKhVNKu
It is “dangerous” to equate firm size with market power, per @RichardAEpstein. The most critical factor is the number of “competitors in a given space.” https://t.co/hzc4ADCKT5
As tech analyst Tim @Bajarin notes, clipping tech companies’ wings in a way that “stifles their ability to innovate and help the US keep ahead in areas like AI, 5G, IOT, self-driving vehicles, etc. would be a mistake.” https://t.co/ZEk5m1n7Sh
As @larrydownes notes, “The landscape of business history is littered with the corpses of supposedly invulnerable giants.” More on what this means for the dynamism of the tech sector here: https://t.co/BlYNSzqDZN
Antitrust expert Herbert Hovenkamp of @PennLaw: Antitrust law’s focus “should be on maximizing output, which benefits both consumers and workers.” https://t.co/mEhOCBOZdF
Check out how @UrbanStems used Facebook advertising to grow its customer base and boost return on ad spend 30% https://t.co/UusSuuKeeO
#ICYMI @mmasnick of @techdirt: There are “lots of other players” on the internet and it’s “quite easy” for new competitors to enter the market https://t.co/13gyOiMVeA
Competition expert Herbert Hovenkamp: The purpose of antitrust law should be to protect consumers and workers, not “obsolete or less efficient rivals.” https://t.co/oT5whOeMvo
.@FTC Commissioner Christine Wilson: “Proposed digital regulations are sold to the public as simple and beneficial. Behind the curtain, however, there is little clarity on what the problem is.” https://t.co/7z6Yitr26f
#DidYouKnow: In 2017, six of the top ten spenders in R&D were tech companies. Leading tech services invest billions in innovation every year. https://t.co/7UJWt6i7sR https://t.co/cjMa3tb1WN
.@tylercowen: There is an enormous amount of competition in social networking and communication. https://t.co/ZNSOKhVNKu
It is “dangerous” to equate firm size with market power, per @RichardAEpstein. The most critical factor is the number of “competitors in a given space.” https://t.co/hzc4ADCKT5
As tech analyst Tim @Bajarin notes, clipping tech companies’ wings in a way that “stifles their ability to innovate and help the US keep ahead in areas like AI, 5G, IOT, self-driving vehicles, etc. would be a mistake.” https://t.co/ZEk5m1n7Sh
As @larrydownes notes, “The landscape of business history is littered with the corpses of supposedly invulnerable giants.” More on what this means for the dynamism of the tech sector here: https://t.co/BlYNSzqDZN
Antitrust expert Herbert Hovenkamp of @PennLaw: Antitrust law’s focus “should be on maximizing output, which benefits both consumers and workers.” https://t.co/mEhOCBOZdF
Check out how @UrbanStems used Facebook advertising to grow its customer base and boost return on ad spend 30% https://t.co/UusSuuKeeO
#ICYMI @mmasnick of @techdirt: There are “lots of other players” on the internet and it’s “quite easy” for new competitors to enter the market https://t.co/13gyOiMVeA
Competition expert Herbert Hovenkamp: The purpose of antitrust law should be to protect consumers and workers, not “obsolete or less efficient rivals.” https://t.co/oT5whOeMvo
.@FTC Commissioner Christine Wilson: “Proposed digital regulations are sold to the public as simple and beneficial. Behind the curtain, however, there is little clarity on what the problem is.” https://t.co/7z6Yitr26f
#DidYouKnow: In 2017, six of the top ten spenders in R&D were tech companies. Leading tech services invest billions in innovation every year. https://t.co/7UJWt6i7sR https://t.co/cjMa3tb1WN