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Corpus Christi Caller Times – An ICLE white paper about the Durbin amendment UK’s Digital Markets was cited in an op-ed that appeared in the Corpus Christi Caller Times. You can read full piece here.

Again, we know from experience what happened after the Durbin Amendment of 2010. Research for the International Center for Law and Economics found that “although the Durbin Amendment had generated benefits for large-box retailers, it had harmed many other merchants, especially those specializing in small-ticket items, and imposed substantial net costs on the majority of consumers, especially those from lower-income households.”

Bloomberg Law – ICLE President Geoffrey Manne and Academic Affiliate Keith Hylton were both quoted by Bloomberg Law in a story about the FTC’s antitrust case against Amazon. You can read full piece here.

Although the complaint doesn’t characterize them as two sides of the same market, they appear to function as one, said Keith Hylton, a professor at Boston University School of Law. But the link between them may not be as strong as in American Express, he cautioned.

…Amazon’s offerings to sellers go beyond American Express’ interactions with merchants. So it isn’t just facilitating the transaction like American Express is, making that case likely irrelevant, said Geoffrey Manne, president of the International Center for Law and Economics..

By choosing to define two connected markets rather than a single, two-sided one, the FTC may be trying to dodge the Supreme Court’s test, Manne said.

Euractiv – ICLE Senior Scholar Miko?aj Barczentewicz was cited by Euractiv in a newsletter item about his recent ICLE issue brief on “Schrems III.” You can read full piece here.

Schrems III. The International Center for Law & Economics’s Senior Scholar Miko?aj Barczentewicz published a new issue brief about Schrems III on Monday. The paper discusses such issues as an “adequate level of protection” for personal data, the issue of proportionality of “bulk” data collection and of effective redress, as well as of access to information about American intelligence agencies’ data processes.

The New Statesman – A recent ICLE white paper co-published with the Institute for Economic Affairs about the UK’s Digital Markets, Competition and Consumers Bill was the subject of an article in The New Statesman. You can read full piece here.

What are we talking about this week? We’re talking about a new paper, Digital Overload: How the Digital Markets, Competition and Consumers Bill’s sweeping new powers threaten Britain’s economy. It’s from the Institute for Economic Affairs (IEA), written by one of their staffers plus two experts in competition law – Dirk Auer and Lazar Radic. They’re based at a co-publishing organisation called the International Centre for Law and Economics, a “”non-partisan research centre” that looks to “promote the use of law and economics methodologies to inform public policy debates”, according to its website.

Yahoo News – ICLE Director of Competition Policy Dirk Auer and President Geoffrey Manne were quoted by Yahoo News in a story about the FTC’s antitrust case brought against Amazon that cited their recent New York Post op-ed. You can read full piece here.

“Unfortunately, the case is reminiscent of Captain Ahab’s doomed pursuit of Moby Dick — it is guided more by desire and ideology than a reasonable assessment of the costs and benefits. The result will be a wasteful battle all but guaranteed to founder in court.” — Geoffrey A. Manne and Dirk Auer, New York Post

Axios – ICLE Chief Economist Brian Albrecht was quoted by Axios in a story about the Federal Trade Commission filing a major antitrust case against Amazon. You can read full piece here.

An argument could be made that penalizing Amazon or, at the most extreme, breaking up Prime could actually harm the consumer, says Brian Albrecht, chief economist at the International Center for Law & Economics

…Be smart: Because of anticipated difficulties in court, critics will argue antitrust law is outdated and is not equipped to regulate modern tech conglomerates, Albrecht says.

The Messenger – ICLE Director of Law & Economics Programs Gus Hurwitz and President Geoffrey Manne were quoted by The Messenger in a story about the antitrust case brought by the Federal Trade Commission and 17 state attorney generals against Amazon. You can read full piece here.

“It’s really about proving harm to sellers, not harm to consumers,” said Justin Hurwitz, Director of Law and Economics Programs at the nonprofit institute, International Center for Law & Economics.

…Nonprofit legal organization International Center for Law & Economics President and Founder Geoffrey A. Manne said that while the suit wasn’t unexpected, but the scope of it is more surprising.

CBS News – ICLE President Geoffrey Manne quoted by CBS News in a story about the antitrust case brought by the Federal Trade Commission and 17 state attorney generals against Amazon. You can read full piece here.

“T]he case could greatly harm consumers, all in an attempt to shift the course of U.S. antitrust policy against the will of Congress and the courts, Geoffrey A. Manne, president and founder of the International Center for Law & Economics, a nonprofit public policy research group, said in an email.

Broadband Breakfast – ICLE President Geoffrey Manne quoted by Broadband Breakfast in a story about the Federal Trade Commission filing a major antitrust case against Amazon. You can read full piece here.

In a public statement responding to the lawsuit, Center for Law & Economics President and Founder Geoffrey A. Manne stated that it was “expected” but also argued that the “extreme demands greatly undermine the chances that the agency will prevail in court.”

“The case could greatly harm consumers, all in an attempt to shift the course of U.S. antitrust policy against the will of Congress and the courts,” said Manne.