Near the end of her new proposal to break up Facebook, Google, Amazon, and Apple, Senator Warren asks, “So what would the Internet look like after all these reforms?” To Warren, our most dynamic and innovative companies constitute a problem that needs solving.
Ours is not an age of nuance. It’s an age of tribalism, of teams—“Yer either fer us or agin’ us!” Perhaps I should have been less surprised, then, when I read the unfavorable review of my book How to Regulate in, of all places, the Federalist Society Review.
The urge to treat antitrust as a legal Swiss Army knife capable of correcting all manner of social and economic ills is apparently difficult for some to resist. Conflating size with market power, and market power with political power, many recent calls for regulation of industry — and the tech industry in particular — are framed in antitrust terms.
Regulatory and legal approaches that make the collection and use of data more expensive along certain dimensions must, at least marginally, induce some companies to alter their behavior to avoid those costs...
"The Order represents a substantial and unprecedented expansion of the FCC’s claimed authority. The Commission asserts authority to implement agency-defined policy by any means over the entire broadband communications infrastructure of the United States..."
"We commend the Federal Trade Commission for holding this workshop, and for its recent advocacy of ride-sharing services like Uber, Lyft and Sidecar with transportation regulators in the District of Columbia, Chicago, Colorado and Alaska..."