Lazar Radic Quoted in Euronews on the Digital Markets Act
EuroNews
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Regulatory authorities in the European Union continue to apply the Digital Markets Act to major American technology platforms. Euronews recently addressed the economic assumptions driving these regulatory decisions, referencing arguments made by ICLE Senior Scholar Lazar Radic in Truth on the Market. The article examines how enforcers rely on outdated public utility models to regulate modern digital services.
Lazar Radic recently articulated what many have long suspected: the DMA and its enforcers treat “Amazon.com like a 19th-century railroad.” Similar misconceptions permeate regulatory thinking toward other American tech giants. We must take note that this mindset predestines European companies and consumers to lose.