Start-up acquisitions play an increasingly important role for innovators and consumers alike. In fact, more than half of US startups strive towards acquisition as their long-term goal. Fitbit is no exception. The company was looking to be acquired after struggling to maintain its foothold in the highly competitive wearables market currently dominated by Apple. Google’s […]
With the holiday season in full swing, one thing is certain: this year is like no other. As businesses large and small adapt to reach consumers in more ways, competition in retail is clear. For small businesses, digital services and tools to support online sales are vital, ensuring that their handmade made goods — from […]
Today’s Wall Street Journal article regarding Amazon missed several important points, most importantly that Amazon’s consumer-centric approach to innovation reflects common retail industry practices, including: — Manufacturers make the same product for different brands. — Similar versions of popular products are common among competing brands. — Dynamic and fierce competition is brewing in the retail […]
Before parsing through the Texas-led ad tech lawsuit against Google, it’s important to turn to the facts: competition is thriving and that is benefiting businesses and consumers through lower prices and more choices. Specifically: — Digital advertising prices and ad tech fees continue to fall, benefiting advertisers, website and app publishers, and consumers. — Digital […]
As you see coverage about the new state AG lawsuit regarding Google Search, remember these three things: — Google Search provides immense value for small businesses and consumers. — Google faces growing competition in search. — Global regulatory bodies have repeatedly found that Google’s search innovations benefit consumers. Google Search provides immense value for consumers […]
Yesterday’s American Economic Liberties Project event calling for the wholesale breakup of America’s tech companies failed to acknowledge the damage such action would have on American consumers and small businesses. Innovation by technology companies has unleashed incredible benefits across the economy. Don’t let political agendas muddy these facts: 1. Consumers love technology companies for convenience, […]
Just yesterday, Morning Consult released its new report on the Fastest Growing Brands of 2020. As expected, the list is topped by new companies — some of whom only launched this summer. As these new, dynamic companies gain speed, older competitors are innovating to keep up, making the technology space uniquely tied to consumer preferences […]
Scale economies in the technology space enable consumers and small businesses to ride the momentum of digital transformation, unlocking efficiency benefits and spurring innovation races in a broader market. While many criticize the size of the technology sector based on the shallow analogies between the prevalence of digital platforms and the industrial monopolies from over […]
Today’s search market benefits consumers, advertisers, and distributors across the board. Though the DOJ lawsuit claims Google’s search default status is anticompetitive, the process to secure defaults leads to more competition, innovation, and affordability in the search market. New commentary from Jay Ezrielev at Competition Policy International explains that the DOJ lawsuit focuses narrowly on […]
Now more than ever, technology is a linchpin in U.S. economic recovery and resilience. The economic benefits of tech are widespread and take many different forms: innovation is on the rise, research and development continue to drive growth, the sector touts strong job creation, and small businesses are using digital tools to reach customers during COVID-19. In […]
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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