This week’s hearing on tech mergers and acquisitions (M&A) by the Senate Judiciary Committee featured testimony from public- and private-sector antitrust experts. In a robust discussion, experts made it clear that: — Significant restrictions on acquisitions may lead to unintended consequences for smaller firms by reducing innovation and limiting entrepreneurial opportunities. — For many mergers […]
With the heightened rhetoric surrounding America’s leading tech services, it’s important to remember that structural antitrust actions against the tech industry are not a priority for the American people. Take a look at the polling below: Americans don’t believe action against the tech industry should be a priority. Morning Consult/Advertising Week Poll (August 2019): Tech […]
Recent commentary on the digital ad space ignores the robust competition between advertising platforms, online and offline. The facts are clear: The competition for ad spend is heating up, driving down costs and benefiting consumers. —Ad tech is a burgeoning sector—so much so that publishers are getting in on the action. —Digital advertising and ad […]
At home or away, as you soak up the summer sun, Springboard has you covered with a little beach reading on the debate over competition in the tech sector. Check out the articles below. Northwestern University’s Mark McCareins in an interview with Kellogg Insight’s Glenn Jeffers: “Simply because a firm becomes large and has innovated […]
As the debate over tech competition continues, here are three expert perspectives to keep in mind. For more information, visit SpringboardCCIA.com. University of Pennsylvania Professor Herbert Hovenkamp: Antitrust law’s focus “should be on maximizing output, which benefits both consumers and workers.” “Any time a merger or other practice reduces a firm’s costs or improves its […]
Yesterday, the House Judiciary Committee heard from representatives of leading tech services, antitrust experts, and tech critics as part of the ongoing examination of competition in tech. Beyond robust competition, witnesses noted tech services drive innovation with significant R&D investments, offer consumers unparalleled choice and quality, and lower barriers for entrepreneurs and small businesses. Highlights […]
Today, leading tech services will appear before the House Judiciary Subcommittee on Antitrust to discuss competition and innovation in the tech sector. Ahead of the hearing it’s important to remember four key things: Small businesses across the country leverage the tools developed by leading tech services Jake Ward, President of the Connected Commerce Council, notes […]
Earlier this week, Michael Mandel of the Progressive Policy Institute released a report on the economics of advertising. As Mandel points out, the ongoing transformation of the advertising industry is just the free market at work. Any artificial “protection” publishers receive, the report argues, would freeze the news industry in the past, harming consumers and […]
Late last month, FTC Commissioner Christine Wilson gave a speech at the British Institute of International and Comparative Law entitled, “Remembering Regulatory Misadventures: Taking a Page from Edmund Burke to Inform Our Approach to Big Tech.” Wilson’s speech itself—which draws on lessons learned from failed, heavy-handed regulations on the train and airline industries—is available here, […]
Computer & Communications Industry Association President Ed Black noted in an op-ed this morning that calls from politicians and talking heads for breaking up leading tech services are misguided and risk jeopardizing a rare bright spot in the U.S. economy. Highlights from Ed’s op-ed are below, and you can read the piece in full on […]
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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