Next month, the California Law Revision Commission will begin holding a series of meetings to explore potential changes to antitrust laws. Ahead of these meetings, University of Southern California law professor and antitrust expert Jonathan Barnett submitted a report on the concerning European approach to competition and the devastating effect a similar approach would have […]
Earlier this week, we shared some insights on the overall competitive AI landscape and its more specific contributions. Today, we will unpack what these strides in AI competition and innovation mean for consumers and businesses alike. What do all these startups and innovations mean for businesses and consumers? At a very practical level, businesses and […]
On Monday, we offered an overall landscape assessment of the AI “stack,” starting at the application layer. Today, we will dive into the choice, innovation, and competition inherent in the data, cloud, and hardware layers of the AI stack. A proliferation of open data is fostering new competitors Contrary to claims that proprietary data will […]
The generative AI revolution is raising new questions about competition, market concentration, and American innovation. This flurry of change can seem complicated, but in fact emerging AI innovations are contributing to a wildly competitive ecosystem up and down the AI “stack.” First, a brief primer on the state of competition in the tech space: Investment […]
As Europe adopts and implements radical new competition frameworks, it’s crucial that American policymakers understand the harms of such drastic proposals, and what they might mean for consumers and small businesses alike. 1. An objective, economics-based standard has served America well 2. Untested competition theories pose risks for innovation, the startup ecosystem, small businesses, and […]
As we enter 2024, the retail industry is a vast and diverse space, stocked with businesses both large and small. The prominence of small retail businesses is especially notable: contrary to claims made by some inside the Beltway, research shows that, in recent years, digital tools and marketplaces have helped Americans shop small. It’s a […]
As competition heats up in online search, consumer marketplaces, and cloud computing, AI continues to upend markets, with new features being launched seemingly every day. Read our roundup of the AI competition ‘news of the day.’ Advances in AI are transforming traditional online search, enhancing competition across even the most recognizable search engines – “iAsk […]
Last Friday, Amazon requested that the court dismiss the FTC’s lawsuit, reiterating what others have been saying for months: the FTC’s case is incompatible with antitrust law and pays no attention to consumers’ best interests. It fails to provide a coherent theory of harm, any evidence of anticompetitive conducts, or a proposal for a better […]
In the eighth week of the DOJ’s case against Google, Google CEO Sundar Pichai began by highlighting Google’s dedication to innovation and users, followed by a number of Google executives and partners who testified about Google’s benefit for consumers and the competitive landscape. 1. Google’s partners choose Google because it’s helpful 2. Google succeeds because […]
Since the FTC announced its antitrust lawsuit against Amazon, experts have criticized the validity of the case. Here’s what you need to know: — Chair Khan and her FTC colleagues are abandoning the long-established Consumer Welfare Standard to mount a political campaign against one of the most trusted brands in America. — Competition in retail […]
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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