Attention Economy


Tuesday, June 29, 2021

Big Tech and the Antitrust Debate

Boom Times for Lawyers as Washington Pursues Big Tech
https://www.nytimes.com/2021/06/29/technology/boom-times-for-lawyers-as-washington-pursues-big-tech.html
 
How to Tame the Tech Giants: Reverse the Burden of Proof in Merger Reviews
https://promarket.org/2021/06/28/tech-block-merger-review-enforcement-regulators/
 
Freiburg and Chicago: How the Two Worlds of Neoliberalism Drifted Apart Over Market Power and Monopolies
https://promarket.org/2021/06/27/freiburg-and-chicago-how-the-two-worlds-of-neoliberalism-drifted-apart-over-market-power-and-monopolies/
 
When Do Users Benefit from Platform Mergers?
https://promarket.org/2021/06/15/digital-platforms-mergers-network-effects-user-value/

Once Tech’s Favorite Economist, Now a Thorn in Its Side
https://www.nytimes.com/2021/05/20/technology/tech-antitrust-paul-romer.html
Paul Romer’s call for government activism, particularly toward the big tech companies, reflects “a profound change in my thinking.”



How Robert Bork Fathered the New Gilded Age
Much like in the first Gilded Age, antitrust enforcers today are hitting labor, not capital. This is thanks to Robert Bork’s radical and influential reinterpretation of antitrust law. In helping successfully rewrite antitrust, Bork left a legacy of corporate supremacy and individual powerlessness.” 

Be Afraid of Economic ‘Bigness.’
https://www.nytimes.com/2018/11/10/opinion/sunday/fascism-economy-monopoly.html
“From a political perspective, we have recklessly chosen to tolerate global monopolies and oligopolies in finance, media, airlines, telecommunications and elsewhere, to say nothing of the growing size and power of the major technology platforms. In doing so, we have cast aside the safeguards that were supposed to protect democracy against a dangerous marriage of private and public power.”

MONOPOLIZATION OF AMERICA
https://youtu.be/KLfO-2t1qPQ


My Take:
Big Tech and the antitrust debate: Do network effects outweigh competition concerns?
https://thehill.com/opinion/technology/509933-big-tech-and-the-antitrust-debate-do-network-effects-outweigh-competition