Ahead of tomorrow’s gathering of state attorneys general by Jeff Sessions and the Department of Justice, we gathered expert responses to the meeting and the proposed topic of leading tech services and free speech. The big takeaways: —When threats to legal free speech are disguised as competition concerns, government efforts can appear overtly political, setting […]
Earlier today at the Constitution Center, the Federal Trade Commission held the second hearing in its Competition and Consumer Protection in the 21st Century series. Competition policy experts from across both the country and the political spectrum convened in Washington, D.C. to discuss the current state of antitrust law. Highlights below. It’s important to remember […]
Earlier today, the FTC held its first in a series of Hearings on Competition and Consumer Protection in the 21st Century at the Georgetown University Law Center. Leaders in competition policy from across the political spectrum convened to discuss how the FTC can continue to best protect consumers. Highlights below. Don’t punish a firm just […]
This week, the Federal Trade Commission kicks off a series of hearings on competition in the 21st century economy with a look at the consumer welfare standard in antitrust. We’ve gathered the facts most critical to the conversation, as noted by the antitrust experts who will be on the panel discussions. Key items to keep […]
Ahead of today’s hearings that will cover tech platforms and political voice, it’s essential to note that plenty of social media, text, and voice applications exist, and consumers use multiple to communicate on a daily basis. They get news from a variety of on-and-offline sources. Choice and competition are hallmarks of the tech sector, with […]
Tim Wu wants to break up Facebook and other leading tech services, because “we’re in a time where we need to bring back the controls on bigness,” according to a recent Vergecast, summarized here. Wu’s case overlooks several critical issues. 1. Wu downplays existing competition among tech players (despite having hailed it as a solution […]
At Jackson Hole, economists discussed the rise of economy-wide corporate concentration and its impact on the macroeconomy, including investment, wage, and monetary policy. Tech critics have worked to connect this trend to tech, but – as we’ve noted before – tech bucks the trends seen in other sectors of the economy. In fact, regarding investment, […]
In his letter today to FTC Chairman Joseph Simons, Senator Orrin Hatch (R-UT) asked the FTC to look into Google’s search practices. However, the facts haven’t changed since the FTC closed a comprehensive antitrust investigation in 2013. —The FTC found Google’s search practices were pro-consumer, and today search is even more competitive, see our backgrounder […]
A number of public comments have been filed ahead of the FTC’s hearings on competition and consumer protection in the 21st century. With topics ranging from antitrust and consumer protection law and enforcement to AI and predictive analysis, leading tech experts filed comments to defend the consumer welfare standard. Major focuses of the comments include: […]
Today, central bankers convening in Jackson Hole for the Federal Reserve Bank of Kansas City’s annual symposium will discuss the impact of rising concentration on the economy, specifically macroeconomic impacts and business investment. Two key points (and a few good reads) to keep in mind as you follow the conversation — 1. Tech companies lead […]
Hostility to innovation and technology diminishes the incredible Internet-enabled opportunities that leading tech services provide: empowering consumers, driving prices down and increasing choice, and providing platforms to help entrepreneurs grow their businesses. It has given us a golden era of entertainment, knowledge, and everything from fashion startups, to booming mom and pop stores, to the latest app.
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