ICYMI: The consumer welfare standard – a bipartisan consensus for 40 years – should continue to guide federal antitrust policy https://t.co/OOYAXLYEra
Leading tech services drive down prices and constantly offer new and improved products. Individual consumers & entrepreneurs have been the greatest beneficiaries of this trend, per @McKinsey_MGI https://t.co/Ax26hRMAur
Few industries have lower barriers to entry and switching costs than our technology sector. The U.S. must remain at the forefront of competition and innovation. https://t.co/hLK8RqpCyO
As @GlobalEcon Chairman @David_Evans1 has noted, competition in the tech industry is fierce. Facebook alone competes with tech leaders across 27 different categories. https://t.co/EumdkqIHK8
Recent calls from Open Markets and others to break up Facebook would backfire. As @PennLaw professor Herbert Hovenkamp notes, “Breaking up large firms may reduce rather than increase employment, and may force wages lower.” https://t.co/Eumdkr0j8I
Advertising is a $535 billion industry. Digital and mobile advertising make up less than half of that. Read more here: https://t.co/EumdkqIHK8
.@TheJusticeDept Antitrust Division AAG Makan Delrahim: “Protect competition, not competitors” https://t.co/MlAJJM9xdt
ICYMI: DOJ Antitrust Division AAG Makan Delrahim – “Protect Competition, Not Competitors”
On the heels of 60 Minutes’ one-sided segment on competition in the tech sector, DOJ Antitrust Division leader Makan Delrahim noted, “The goal of the antitrust laws is to protect competition, not competitors.” A few highlights from his speech: “I don’t endorse that view,” said Delrahim on critics’ assertions that antitrust is unequipped to address […]
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ICYMI: @CCIANet‘s Pres/CEO Ed Black said the call to break up Facebook is “Misguided political fervor that ignores the economic facts, lacks evidence of competitive harm, and proposes an extreme resolution that would harm consumers and reduce innovation.” https://t.co/Eumdkr0j8I
As @David_Evans1 has pointed out, Facebook and other leading tech companies compete against each other across 27 different categories. Many companies are vying for consumers that use platforms like Facebook https://t.co/fyavdHkfgn https://t.co/ftnlxjfdeE
Former Obama @TheJusticeDept attorney Carl Shapiro: “Any call to break up large tech firms based on economic considerations needs to address the concern that dismembering some of our most successful companies will significantly reduce economic efficiency.” https://t.co/ibjcsBcJZ0
“The amount of data a company has rarely insulates it from competition and rarely serves as a serious barrier to entry” — how a company uses data is more important than mere possession. @Josh_A_New: https://t.co/DG0akr81Jq
Calls to break up Facebook ignore economic facts, lack evidence of competitive harm, and propose an extreme remedy that would harm consumers, reduce innovation, says @CCIANet‘s Ed Black: https://t.co/ZmEFbjaEgo
ICYMI: The consumer welfare standard – a bipartisan consensus for 40 years – should continue to guide federal antitrust policy https://t.co/OOYAXLYEra
Leading tech services drive down prices and constantly offer new and improved products. Individual consumers & entrepreneurs have been the greatest beneficiaries of this trend, per @McKinsey_MGI https://t.co/Ax26hRMAur
Few industries have lower barriers to entry and switching costs than our technology sector. The U.S. must remain at the forefront of competition and innovation. https://t.co/hLK8RqpCyO
As @GlobalEcon Chairman @David_Evans1 has noted, competition in the tech industry is fierce. Facebook alone competes with tech leaders across 27 different categories. https://t.co/EumdkqIHK8
Setting The Record Straight: Anti-Facebook Campaign Is "Misguided Political Fervor That Ignores The Economic Facts" - Springboard - Tech empowering the next wave of opportunity
This week, tech critics launched a six-figure ad campaign against Facebook’s supposed monopoly. The Open Markets Institute, who has previously called for the break up of various other successful firms, announced their campaign by purchasing ads on competitors to Facebook’s “monopoly,” which Axios has noted are “running on Facebook and Instagram, as well as Twitter …
Recent calls from Open Markets and others to break up Facebook would backfire. As @PennLaw professor Herbert Hovenkamp notes, “Breaking up large firms may reduce rather than increase employment, and may force wages lower.” https://t.co/Eumdkr0j8I
Setting The Record Straight: Anti-Facebook Campaign Is "Misguided Political Fervor That Ignores The Economic Facts" - Springboard - Tech empowering the next wave of opportunity
This week, tech critics launched a six-figure ad campaign against Facebook’s supposed monopoly. The Open Markets Institute, who has previously called for the break up of various other successful firms, announced their campaign by purchasing ads on competitors to Facebook’s “monopoly,” which Axios has noted are “running on Facebook and Instagram, as well as Twitter …
Advertising is a $535 billion industry. Digital and mobile advertising make up less than half of that. Read more here: https://t.co/EumdkqIHK8
Setting The Record Straight: Anti-Facebook Campaign Is "Misguided Political Fervor That Ignores The Economic Facts" - Springboard - Tech empowering the next wave of opportunity
This week, tech critics launched a six-figure ad campaign against Facebook’s supposed monopoly. The Open Markets Institute, who has previously called for the break up of various other successful firms, announced their campaign by purchasing ads on competitors to Facebook’s “monopoly,” which Axios has noted are “running on Facebook and Instagram, as well as Twitter …
.@TheJusticeDept Antitrust Division AAG Makan Delrahim: “Protect competition, not competitors” https://t.co/MlAJJM9xdt
ICYMI: DOJ Antitrust Division AAG Makan Delrahim – "Protect Competition, Not Competitors" - Springboard - Tech empowering the next wave of opportunity
On the heels of 60 Minutes’ one-sided segment on competition in the tech sector, DOJ Antitrust Division leader Makan Delrahim noted, “The goal of the antitrust laws is to protect competition, not competitors.” A few highlights from his speech: “I don’t endorse that view,” said Delrahim on critics’ assertions that antitrust is unequipped to address …
ICYMI: DOJ Antitrust Division AAG Makan Delrahim – “Protect Competition, Not Competitors”
On the heels of 60 Minutes’ one-sided segment on competition in the tech sector, DOJ Antitrust Division leader Makan Delrahim noted, “The goal of the antitrust laws is to protect competition, not competitors.” A few highlights from his speech: “I don’t endorse that view,” said Delrahim on critics’ assertions that antitrust is unequipped to address […]
Read More
ICYMI: @CCIANet‘s Pres/CEO Ed Black said the call to break up Facebook is “Misguided political fervor that ignores the economic facts, lacks evidence of competitive harm, and proposes an extreme resolution that would harm consumers and reduce innovation.” https://t.co/Eumdkr0j8I
Setting The Record Straight: Anti-Facebook Campaign Is "Misguided Political Fervor That Ignores The Economic Facts" - Springboard - Tech empowering the next wave of opportunity
This week, tech critics launched a six-figure ad campaign against Facebook’s supposed monopoly. The Open Markets Institute, who has previously called for the break up of various other successful firms, announced their campaign by purchasing ads on competitors to Facebook’s “monopoly,” which Axios has noted are “running on Facebook and Instagram, as well as Twitter …
As @David_Evans1 has pointed out, Facebook and other leading tech companies compete against each other across 27 different categories. Many companies are vying for consumers that use platforms like Facebook https://t.co/fyavdHkfgn https://t.co/ftnlxjfdeE
Why the Dynamics of Competition for Online Platforms Leads to Sleepless Nights But Not Sleepy Monopolies by David S. Evans :: SSRN
Recent claims that online platforms have secured permanent monopolies, protected by barriers to entry from network effects and stockpiles of data, and should be
Former Obama @TheJusticeDept attorney Carl Shapiro: “Any call to break up large tech firms based on economic considerations needs to address the concern that dismembering some of our most successful companies will significantly reduce economic efficiency.” https://t.co/ibjcsBcJZ0
Antitrust in a Time of Populism by Carl Shapiro :: SSRN
This article discusses how to move antitrust enforcement forward in a constructive manner during a time of widespread and growing concern over the political and
“The amount of data a company has rarely insulates it from competition and rarely serves as a serious barrier to entry” — how a company uses data is more important than mere possession. @Josh_A_New: https://t.co/DG0akr81Jq
Why Do People Still Think Data Is the New Oil?
When British data scientist Clive Humby coined the popular maxim “data is the new oil” in 2006, people interpreted it to mean data had become the most valuable commodity in the modern economy. But while it is certainly true that data has become invaluable, the oil analogy is fundamentally flawed, an
Calls to break up Facebook ignore economic facts, lack evidence of competitive harm, and propose an extreme remedy that would harm consumers, reduce innovation, says @CCIANet‘s Ed Black: https://t.co/ZmEFbjaEgo
Setting The Record Straight: Anti-Facebook Campaign Is "Misguided Political Fervor That Ignores The Economic Facts" - Springboard - Tech empowering the next wave of opportunity
This week, tech critics launched a six-figure ad campaign against Facebook’s supposed monopoly. The Open Markets Institute, who has previously called for the break up of various other successful firms, announced their campaign by purchasing ads on competitors to Facebook’s “monopoly,” which Axios has noted are “running on Facebook and Instagram, as well as Twitter …