In case you missed it, competition law experts John Mayo and Mark Whitener, both of Georgetown University, explained five common myths about antitrust law in a piece for The Washington Post. Their explanations help clarify the often misunderstood realm of antitrust policy, which has been in the spotlight recently as technology-based firms face scrutiny. MYTH: Monopolies […]
Must-Read New Research On Competition And Tech From leverage to free speech to big data, the past weeks have provided us with exciting new research in competition and tech. We’ve compiled some recent must-read papers, including: Patrick Todd: Digital Platforms And The Leverage Problem Neil Chilson and Casey Mattox: [The] Breakup Speech: Can Antitrust Fix the Relationship […]
R&D is the lifeblood of product innovation, and tech companies are global leaders in R&D investments. In recent years, tech companies invest upwards of $100 billion annually in research and development, and those investments have led to some of our most used products and services today. See the full extent of how tech R&D benefits the economy: — Tech companies in the U.S. are at the forefront of R&D investment, and their […]
Last month, the White House released its 2020 Economic Report, together with the Annual Report of the Council of Economic Advisers (CEA). The data-driven report found that in the tech sector, success is shared between leading tech services, consumers, and startups. The evidence has never been clearer: leading tech services drive widespread competition and innovation […]
Anti-tech crusaders too often cry “kill zone” — despite clear evidence that today’s tech climate encourages startup activity, rather than stifling it. The myth of the “kill zone” alleges that due to an overly concentrated tech market, venture capital funding is stifled for startups and small businesses. The theory holds that leading tech services often […]
Tech businesses are thriving in today’s ever-competitive market, with innovation at an all-time high. Startups and industry leaders are growing, refining, and expanding their businesses in innovative ways. Experts agree tech competition is strong as new entrants push more established companies in new markets and with new products and services. For example: — Yelp is thriving by […]
Thanks to a myriad of tech platforms that offer free tools and services, more Americans than ever before have a launch pad to start and operate their own businesses. According to Upwork’s annual study, 77% of freelancers says technology has made it easier to find freelance work. In addition to finding work through technology, freelancers can also get funding […]
Yesterday, we took a look at the conceptual foundation of antitrust populism, as presented by Joshua Wright and Aurelien Portuese in their new paper Antitrust Populism: Towards a Taxonomy. Today, we explore Wright’s and Portuese’s arguments against populist antitrust doctrines, including: — Antitrust populism is an inadequate framework by which to evaluate today’s dynamic, innovative markets. […]
“Antitrust populism” has been making its way back into the spotlight. Who are antitrust populists, and what would a return to their chosen policies mean for consumers? In their new paper, Antitrust Populism: Towards a Taxonomy, academics Joshua Wright and Aurélien Portuese seek to assess the return of antitrust populism in the digital era. The first main takeaway […]
Last week, the Department of Justice and Stanford University held a public workshop to examine the intersection of venture capital and antitrust law. As panels of investors and legal experts discussed the issue, one common notion stuck out: investment funding behind tech startups is healthy and growing. This strength of venture capital is opening the door to new […]
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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