A new poll from The Wall Street Journal and NBC finds Americans have “only a limited appetite for new government oversight” of leading tech services. Consistent with polls run in the past, WSJ/NBC find 51 percent of Americans said there was either too much or just the right amount of tech industry regulation right now. […]
As the American Bar Association convenes its 66th Antitrust Law Spring Meeting in D.C., discussions around antitrust’s potential applicability to the tech sector are at the forefront of the agenda. In particular, the contributions of and competition within the digital economy, whether “big is bad” when it comes to firm size and competition, and consumer […]
Yesterday, Greg Ip published a piece in The Wall Street Journal outlining the impacts of public scrutiny on innovation and the industry. It can be “good, bad or downright ugly for technological progress,” he says, outlining the nuance between different types of backlash. After all, as he points out, not all tech can just be […]
Looking to capitalize on recent news coverage trends, several representatives of large telecommunications companies are dredging up debunked and outdated arguments against leading tech services in an effort to insulate their own industry from competition. It’s clear why big telecoms companies harbor disdain for leading tech services – the over-the-top (OTT) model of content distribution […]
On Friday, former FTC Policy Director David Balto and CCIA Outside Counsel Matthew Lane addressed calls to break up America’s leading tech services in The Hill, writing, “This is no time to throw out the consumer welfare standard and introduce chaos into our antitrust enforcement regime. That would have the immediate effect of weakening enforcement […]
Yesterday, in Harvard Business Review, Brookings Institution Senior Fellow David Wessel provided four “warning signs” to guide policy discussions on industry concentration trends. Concerns of economic concentration reflect real challenges in our economy, but the tech sector is bucking the trend: 1. Business dynamism: The tech sector is growing faster than GDP with new companies and […]
In today’s Senate Committee on Commerce, Science, and Transportation FTC nomination hearing, Mr. Joseph Simons argued, “Big is not necessarily bad. I also believe big is not necessarily good.” He added, “Oftentimes companies get big because they are successful with the consumer. They offer good service at low price and that’s a good thing and […]
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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