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 […]
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 […]
In 2015, Amazon launched Seller Fulfilled Prime (“SFP”) to allow sellers on Amazon’s marketplace to offer Prime-badged goods to customers. Since then, Amazon has worked hard to lift the program’s performance to meet the bar that customers expect for Prime and has redesigned SFP’s requirements multiple times. Unfortunately, the program has consistently underperformed and delivered […]
Earlier this month, international trade took center stage as the U.S. and its Pacific neighbors met for the annual Asia Pacific Economic Cooperation (APEC) Leaders’ Meetings. But just weeks before these critical meetings, the Office of the U.S. Trade Representative (USTR) withdrew its proposals for key trade rules at the World Trade Organization (WTO) in […]
At the start of November, the FTC filed a substantially unredacted version of its antitrust complaint against Amazon. Since then, experts have pored over the new material. Their verdict? The unredacted material far from proves the FTC’s case and, in fact, divulges the case’s weak and misleading nature. Here’s what you need to know: The […]
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 […]
As the FTC’s antitrust trial against Amazon gets underway, six influential industry groups have filed detailed amicus briefs advocating the dismissal of the lawsuit. Filing such detailed briefs so early in a trial is highly unusual and underscores the lawsuit’s flawed nature. The briefs emphasize the FTC’s lack of a legitimate legal case and caution […]
The following groups have filed amicus briefs supporting Amazon’s motion to dismiss the FTC’s lawsuit: — Computer & Communications Industry Association, NetChoice, and Chamber of Progress — Chamber of Commerce — Interactive Advertising Bureau — Association of Corporate Counsel
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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