– Antitrust Laws: The legal framework aimed at ensuring that competition governs markets by sanctioning conduct that distorts market competition – Chicago School Position: A framework for analyzing competition and antitrust, developed in the 1970s and 1980s at the University of Chicago Law School. The position centers around the use of economic analysis to inform […]
There is a lot of information out there, so we wanted to help provide you with a one-stop resource for everything that will be discussed on Wednesday.
The Lincoln Center’s Head of Policy Zach Graves recently argued that much of the current tech debate represents a “schism” between everyday Americans and the “pundit class.” Polling suggests he may have a point—whereas tech debates in Washington focus on extreme proposals, American consumers and small businesses consistently say they love the tools and innovations the tech […]
As conversations surrounding tech and antitrust become increasingly politicized, it seems that a critical fact about competition is often overlooked: markets aren’t static. As Mercatus Center’s Jennifer Huddleston said at CES earlier this year, “innovation has in and of itself been the best kind of competition policy in America.” Further: — Warnings of “natural” tech monopolies have […]
This morning, Morning Consult released a new poll finding 41 percent of respondents support a newly announced Federal Trade Commission Tech Task Force. The poll also found that respondents believe the tech industry holds less influence than Hollywood and Wall Street, offering the latest data point that illustrates public opinion of the tech sector. This […]
At the Senate Judiciary’s Subcommittee on Antitrust, Competition Policy, and Consumer Rights hearing on concentration and competition in the U.S. economy yesterday, one thing was clear: Antitrust law is perfectly capable at completing the job it’s meant to do. Highlights from the subcommittee hearing below. Senator Mike Lee (R-Utah), Chairman of the Subcommittee on Antitrust, […]
Google CEO Sundar Pichai testified before the House Judiciary Committee this morning, debunking the false claims of bias in search and outlining Google’s role as a online platform. Below are excerpts from commentary surrounding the hearing: —Arguments that Google is biased against conservatives were roundly criticized by tech policy experts, advocacy organizations, and journalists —There […]
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 […]
With a few voices inside the beltway talking about “bias” and technology platforms, it’s important to note that not only do the vast majority of Americans not believe it’s an issue, but a growing chorus of conservative voices have pointed out that any government regulation based on political persuasion would be a clear violation of […]
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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