July 21, 2020
tl;dr - Killer acquisitions: an exit strategy for founders
Being acquired is how many startup founders and investors expect to make money. If you make that harder you’ll get fewer startups.
Focus Area: antitrust
July 21, 2020
tl;dr - Competition and concentration: an unclear connection
Concentration is a poor measure of competition, because large businesses can be better for consumers than small ones. And concentration isn’t even rising in the ways that would matter.
July 21, 2020
tl;dr - Access to data: not the barrier it’s thought to be
Data doesn’t create a barrier to entry, but privacy regulations might.
June 22, 2020
The Fatal Economic Flaws of the Contemporary Campaign Against Vertical Integration
Geoffrey A. Manne, Kristian Stout, Eric Fruits, "The Fatal Economic Flaws of the Contemporary Campaign Against Vertical Integration", Kansas Law Review, Kansas Law Review Inc. 2019 vol. 68(5)
May 19, 2020
Against the Vertical Discrimination Presumption
"Platform competition is more complicated than simple theories of vertical discrimination would have it, and there is certainly no basis for a presumption of harm."
May 15, 2020
Joint Submission of Antitrust Economists, Legal Scholars, and Practitioners to the House Judiciary Committee on the State of Antitrust Law and Implications for Protecting Competition in Digital Markets
Pursuant to the House Judiciary Committee’s request for information to aid its inquiry concerning the state of existing antitrust laws, Antitrust Economists, Legal Scholars, and Practitioners offer the following joint submission.
May 1, 2020
Consumer Welfare & the Rule of Law: The Case Against the New Populist Antitrust Movement
This Article makes the case in support of the current consumer welfare standard and against a sweeping set of unsupported populist antitrust reforms.
April 29, 2020
The Ghosts of Antitrust Past
PPI Director of Technology Policy, Alec Stapp reviews the antitrust cases against IBM, AT&T, and Microsoft and discusses what we can learn from them today. He explains the relevant concepts necessary for understanding the history of market competition in the tech industry.
April 20, 2020
ICLE Submission to Digital Advertising Services Inquiry
The purpose of this submission is to highlight some of the findings of the relevant scholarship to help to inform the ACCC’s work, and to highlight some of the problems that may arise during the course of the study, given the misconceptions about competition between advertising-funded digital platforms that are common in the media and popular debate today.