According to @GeorgeMasonU‘s @TylerCowen, major tech companies have been effective innovators. https://t.co/dymXUYG7rR
“Calls to reform the antitrust laws often echo a “Big is Bad” slogan reminiscent of antitrust’s Stone Age. In reality, these tech companies face vigorous competition for user attention” @jmrybnicek https://t.co/6RmPpU5npt
.@avicgoldfarb, Professor at @UofT, points out that technology has reduced the cost of analyzing data, enabling substantial innovation in many sectors of the economy. https://t.co/CqnaIFLHMI
#GoodRead: @findyapp is taking on Google search by “reverse-engineering the Internet.” Read more about this new entrant in the search space here: https://t.co/2UWNlr7TiP
Despite Hawley’s rhetoric, empirical research clearly illustrates the benefits of social media. Per a recent study from @ErikBryn, @avi_collis, and @eggers_felix, Facebook generates $1,037 of surplus value for consumers every year. https://t.co/8OzsX5cWYx https://t.co/yqqVVV5mlz
.@TylerCowen: Facebook and Google allow small- and mid-sized businesses to reach customers like never before. https://t.co/IJE7axjg2Z
All-time #goodread: @ce_tucker & @anja_lambrecht: Data is not inimitable or rare — it’s the insight into consumer needs that are critical to “sustainable competitive advantage” https://t.co/vezXXJLSrT
At yesterday’s hearing, @jmrybnicek was straightforward: “Modern antitrust law is fully capable of addressing the competition issues raised by digital platforms and digital advertising.” https://t.co/T32C6L07Nm
Despite criticism, the reality is that “tech companies face vigorous competition for user attention & advertising dollars, & this competition has benefited consumers and businesses in the form of better products & services.” @jmrybnicek https://t.co/T32C6L07Nm
Mergers can boost competition “by putting pressure on obsolete or less efficient rivals. But protecting these rivals should not be the purpose of the antitrust laws.” From antitrust expert Herbert Hovenkamp: https://t.co/PTjVYOZyds
“Though privacy regulation imposes costs on all firms, it is small firms and new firms that are most adversely affected.” Overregulation’s negative consequences for innovative startups, from @ce_tucker et al: https://t.co/T9SIHZEQiw
Enact a plan to break up tech companies, & “businesses would become more politicized, their economic value would decline, and the US would move to the backwater of tech innovation.” @drj_policy https://t.co/SzE51qqWDs
A pattern observed over and over: Extreme success in one context doesn’t make a leading services unassailable. From @geoffmanne & @alecstapp: https://t.co/JTFeCOtUoT
According to @GeorgeMasonU‘s @TylerCowen, major tech companies have been effective innovators. https://t.co/dymXUYG7rR
“Calls to reform the antitrust laws often echo a “Big is Bad” slogan reminiscent of antitrust’s Stone Age. In reality, these tech companies face vigorous competition for user attention” @jmrybnicek https://t.co/6RmPpU5npt
.@avicgoldfarb, Professor at @UofT, points out that technology has reduced the cost of analyzing data, enabling substantial innovation in many sectors of the economy. https://t.co/CqnaIFLHMI
#GoodRead: @findyapp is taking on Google search by “reverse-engineering the Internet.” Read more about this new entrant in the search space here: https://t.co/2UWNlr7TiP
Despite Hawley’s rhetoric, empirical research clearly illustrates the benefits of social media. Per a recent study from @ErikBryn, @avi_collis, and @eggers_felix, Facebook generates $1,037 of surplus value for consumers every year. https://t.co/8OzsX5cWYx https://t.co/yqqVVV5mlz
.@TylerCowen: Facebook and Google allow small- and mid-sized businesses to reach customers like never before. https://t.co/IJE7axjg2Z
All-time #goodread: @ce_tucker & @anja_lambrecht: Data is not inimitable or rare — it’s the insight into consumer needs that are critical to “sustainable competitive advantage” https://t.co/vezXXJLSrT
At yesterday’s hearing, @jmrybnicek was straightforward: “Modern antitrust law is fully capable of addressing the competition issues raised by digital platforms and digital advertising.” https://t.co/T32C6L07Nm
Despite criticism, the reality is that “tech companies face vigorous competition for user attention & advertising dollars, & this competition has benefited consumers and businesses in the form of better products & services.” @jmrybnicek https://t.co/T32C6L07Nm
Mergers can boost competition “by putting pressure on obsolete or less efficient rivals. But protecting these rivals should not be the purpose of the antitrust laws.” From antitrust expert Herbert Hovenkamp: https://t.co/PTjVYOZyds
“Though privacy regulation imposes costs on all firms, it is small firms and new firms that are most adversely affected.” Overregulation’s negative consequences for innovative startups, from @ce_tucker et al: https://t.co/T9SIHZEQiw
Enact a plan to break up tech companies, & “businesses would become more politicized, their economic value would decline, and the US would move to the backwater of tech innovation.” @drj_policy https://t.co/SzE51qqWDs
A pattern observed over and over: Extreme success in one context doesn’t make a leading services unassailable. From @geoffmanne & @alecstapp: https://t.co/JTFeCOtUoT