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 […]
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 […]
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, […]
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 […]
Experts agree that the politicization of antitrust could have unintended, harmful consequences for consumers and businesses alike. Beyond these immediate consequences, it has the potential to inflict harm for future companies and consumers as well—altering today’s effective, consumer-driven enforcement framework. As you assess the DOJ’s lawsuit against Google, keep these evidence-based insights in mind: — […]
The United States in recent decades has been the beneficiary of extraordinary technological innovation. This unprecedented growth and the consumer benefits that have come along with it were made possible thanks in part to a regulatory environment that encourages innovation while protecting consumers. The Justice Department’s new lawsuit might chill innovation if the case does […]
Recent months have seen a proliferation of misguided proposals to enhance government interference in the tech sector, largely based on a fundamental misunderstanding of the multi-sided business models that characterize many of the most innovative firms. Making independent business decisions—or self-preferencing—including promoting store brands and products, has not only been a key characteristic of retail markets […]
The highly-anticipated Democratic House Judiciary Committee Report was released yesterday. Despite being 449 pages in length, the report’s missteps when it comes to antitrust reform are clear from the start. Experts agree that the report paints a false picture of the technology industry and offers recommendations that would harm startups, consumers, and small businesses nationwide. Sifting through […]
The concept of network effects is clear: some services work better and are more useful when they have more users, like video conferencing and social networks. However, we must set the record straight on how network effects play out in competitive marketplaces, particularly: — History shows that new entrants can successfully compete against companies with […]
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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