The Economic Standard: Debunking “Big is Bad” — The Economics of Big Tech

Though calls to break up “Big Tech” — Amazon, Apple, Google, and Facebook — have intensified over the last few years, the logic behind the movement is as tenuous as ever. From the perspective of consumer welfare, the standard that has guided competition policy in the U.S. for nearly half a century, there’s good reason to think […]

Google and Antitrust Probes

A draft executive order from the White House complaining about bias in social media said the proposed order commands federal agencies to “thoroughly investigate whether any online platform has acted in violation of the antitrust laws.”  The leaked White House document is more about allegations of bias against President Trump than it is about antitrust […]

Google’s Encryption Campaign and Hackers Use of Certificates

Google’s Chrome browser will warn you about any website you visit that is not connected to you over an encrypted link. Specifically, Chrome will soon flag a conventional HTTP (Hypertext Transfer Protocol) connection as “insecure.” That will worry some consumers and being called insecure will embarrass some website operators who have not yet obtained a […]

Posturing on Consumer Privacy

Facebook is suffering from regular beatdowns in TV, print and in internet media. Public irritation with Facebook’s loose securing of consumer personal data has been festering for years. Despite having more newly critical friends than he needs, Mark Zuckerberg chose to refresh Facebook’s black eye by pushing back against Tim Cook’s “I wouldn’t be in […]

The Amazon Juggernaut Accumulates Competitive Risks

Amazon started in 1994, initially as a catalog-based bookseller.  The Internet allowed for improvements in reaching customers and Amazon developed a strong platform for electronic commerce, along with a fast delivery service.  That platform now allows for a wider merchandise range that incudes apparel, electronics, books, recordings, sports and outdoor equipment, and auto parts. Amazon […]

Antitrust Focus on Consumer Welfare and Low Prices

Market power is not the US law’s criterion for antitrust prosecution. In a Yale Law Journal article, Lina Kahn laments that “the current framework in antitrust—specifically its pegging competition to “consumer welfare,” defined as short-term price effects—is unequipped to capture the architecture of market power in the modern economy.” Moreover, “current doctrine underappreciates the risk […]

A Brewing Clash with Dominant Players in Digital Advertising

For reasons that make little sense today, advertisers in the Internet’s digital marketplace are not monitored by a common federal agency. The multiple agencies involved have peculiar regulatory outlooks and lack authority to holistically monitor the marketplace. This has led to an incomplete view of how dominance is growing and of how competitors are interacting. […]

The Rise of International Internet Regulations

Internet regulations are tightening into a chokehold for Internet service providers and edge providers.  To the delight of some, governments east of the Atlantic are regulating what content is permissible to store or display.  Regulations on the use of consumer information and on grades of access service have been tightened to the extent that they […]

The European Union’s Antitrust Proceeding Against Google

The European Union (EU) has revealed at least two broad complaints against Google for abusing its market power.  A Google product called Search Sense runs search on third-party websites and presents the results to consumers.  In the first complaint, the EU says Google unfairly favored presenting its own adverts to consumers over presenting those of […]

Daily Caller: EU Doesn’t Hold Itself To Its Own Privacy Standards

The EU fired its privacy blunderbuss against Yahoo, Facebook and What’s App, but that gun fires both ways.  If and when the EU bothers to probe who actually is dropping the privacy balls, it will need a mirror and the full dossier on its own security agencies and success against hackers.  This piece, written by […]