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Frequency Pulse – ICLE Director of Innovation Policy Kristian Stout was quoted in Frequency Pulse, the newsletter of Wi-Fi Forward. You can read full newsletter here. . . .
Frequency Pulse – ICLE Director of Innovation Policy Kristian Stout was quoted in Frequency Pulse, the newsletter of Wi-Fi Forward. You can read full newsletter here.
Kristian Stout, ICLE, Director of Innovation Policy: We live in a world of scarcity, spectrum included. Finding the most efficient ways to deploy spectrum ultimately provides the optimal outcomes for everyone given that scarcity. And that means that efficient spectrum policy provides the best hope of closing the digital divide.
Kristian Stout, ICLE, Director of Innovation Policy:
We live in a world of scarcity, spectrum included. Finding the most efficient ways to deploy spectrum ultimately provides the optimal outcomes for everyone given that scarcity. And that means that efficient spectrum policy provides the best hope of closing the digital divide.
WASHINGTON (Jan. 20, 2022) — As the U.S. Senate Judiciary Committee prepares to begin markup today on both S. 2992, the American Innovation and Choice . . .
WASHINGTON (Jan. 20, 2022) — As the U.S. Senate Judiciary Committee prepares to begin markup today on both S. 2992, the American Innovation and Choice Online Act, and S. 2710, the Open App Markets Act, the International Center for Law & Economics (ICLE) offers the following comments.
From ICLE President and Founder Geoffrey A. Manne:
“The notion that platform entry into competition with edge providers is harmful to innovation is entirely speculative. Moreover, it is flatly contrary to a range of studies showing that the opposite is likely true. Mandating that platforms act as essential facilities would impose costs, most importantly in terms of the effective operation of the platform and its own incentives for innovation.”
From ICLE Director of Competition Policy Dirk Auer:
“Lawmakers refuse to acknowledge that self-preferencing, data portability, and interoperability all involve tradeoffs. In condemning the first and mandating the latter two, these bills will harm the very consumers they purport to protect. A more appropriate response would be to ensure that regulators carefully weigh the pros and cons of these practices on a case-by-case basis. Unfortunately, that more measured response would cut against the overarching imperative to ‘do something’ now, whatever the costs.”
Media interested in interviewing ICLE scholars about self-preferencing and platform economics should contact Editor-in-Chief R.J. Lehmann at [email protected] or 908-265-5272.
Food Processing – ICLE President Geoffrey Manne was quoted by Food Processing in a piece about a House Judiciary Committee on hearing on the effects of . . .
Food Processing – ICLE President Geoffrey Manne was quoted by Food Processing in a piece about a House Judiciary Committee on hearing on the effects of competition on the food supply. You can read the full piece here.
Geoffrey Manne, founder and president of the International Center for Law and Economics, said other factors were to blame for food price inflation, including increased demand caused by fiscal stimulus programs, “supply and demand shocks,” and an increase in the money supply. “What is not a plausible explanation is increased concentration and the exercise of market power in the food supply chain,” Manne said.
Successful Farming – ICLE President Geoffrey Manne was quoted by Successful Farming in a piece about a House Judiciary Committee on hearing on the effects of . . .
Successful Farming – ICLE President Geoffrey Manne was quoted by Successful Farming in a piece about a House Judiciary Committee on hearing on the effects of competition on the food supply. You can read the full piece here.
Economists from the Heritage Foundation and the International Center for Law and Economics said at the hearing that other factors, such as supply chain disruptions or surging consumer demand, were responsible for inflation. “The purpose of antitrust law is to protect competition rather than to guarantee low prices in and of themselves,” said Geoffrey Manne of the ICLE.
Meat + Poultry – ICLE President Geoffrey Manne was cited by Meat + Poultry in a piece about a House Judiciary Committee on hearing on the . . .
Meat + Poultry – ICLE President Geoffrey Manne was cited by Meat + Poultry in a piece about a House Judiciary Committee on hearing on the effects of competition on the food supply. You can read the full piece here.
Also testifying at the hearing were Allison Johnson, sustainable food policy advocate, Natural Resources Defense Council; Geoffrey Manne, president and founder, International Center for Law and Economics; Trina McClendon, owner of Trinity Poultry Farm LLC; Michael S. Needler Jr., CEO, Fresh Encounters; and Peter St. Onge, research fellow, economic policy, The Heritage Foundation.
Daily Caller – ICLE Director of Competition Policy Dirk Auer was quoted by the Daily Caller in a story about self-preferencing legislation being marked up by . . .
Daily Caller – ICLE Director of Competition Policy Dirk Auer was quoted by the Daily Caller in a story about self-preferencing legislation being marked up by the Senate Judiciary Committee. The full story is available here.
“At the end of the day legislators could come to a conclusion that more competition is worth that increased security risk, but to make that determination you first have to acknowledge that there is a trade-off,” Dirk Auer, director of Competition Policy at the International Center for Law & Economics, told the Daily Caller News Foundation.
Law360 – ICLE President Geoffrey Manne was cited by Law360 in a piece about a House Judiciary Committee on hearing on the effects of competition . . .
Law360 – ICLE President Geoffrey Manne was cited by Law360 in a piece about a House Judiciary Committee on hearing on the effects of competition on the food supply. You can read the full piece (behind a subscriber firewall) here.
Other witnesses at Wednesday’s hearing included Michael Needler, CEO of Fresh Encounter Inc., on behalf of the National Grocers Association; Joe Maxwell, president of Farm Action; and Geoffrey Manne, founder and president of the International Center for Law & Economics.
WASHINGTON (Jan. 19, 2022) — The rise in consumer food prices over the past year cannot plausibly be attributed to increased concentration and the exercise . . .
WASHINGTON (Jan. 19, 2022) — The rise in consumer food prices over the past year cannot plausibly be attributed to increased concentration and the exercise of market power in the food supply chain, International Center for Law & Economics (ICLE) President and Founder Geoffrey A. Manne told a congressional panel investigating the effects of economic concentration on America’s food supply.
In testimony before the U.S. House Judiciary Committee’s Subcommittee on Antitrust, Commercial, and Administrative Law, Manne cautioned members of Congress not to think of antitrust law as a “Swiss Army knife of public policy,” noting that it is an inappropriate tool to address economy-wide inflation.
“Even within the industries that have seen particularly newsworthy price increases, and which are the subject of today’s hearing, the complex competitive dynamics of those industries offer far more plausible explanations of current prices than do unsubstantiated claims of anticompetitive conduct or collusion,” Manne said. “But they don’t offer convenient scapegoats to quell the political consequences of these price increases.”
Manne also warned that reinvigorated federal enforcement of the Robinson-Patman Act of 1936 (RPA) would be particularly ill-advised, as “the primary, and most obvious, effect of RPA enforcement is higher prices.”
“By deterring manufacturers from achieving economies of scale and scope in distribution by requiring them to protect smaller, less efficient competitors, the RPA prevents consumer prices from falling due to these efficiencies,” Manne said. “Indeed, much like predatory pricing, the first consequence of the kinds of discriminatory discounts prohibited by the RPA is to lower retail costs and thus consumer prices.”
He also argued that antitrust action against large grocery stores, as Sen. Elizabeth Warren (D-Mass.) has advocated, is not justified and would leave consumers worse off.
“Despite the nostalgia for the days of the neighborhood grocer, the one-stop-shopping convenience afforded to today’s shoppers has improved consumer welfare in ways that are virtually impossible to quantify,” Manne said.
Manne’s full written statement for the record is available here.
Communications Daily – ICLE Director of Innovation Policy Kristian Stout was quoted by Communications Daily in a story about Alan Davidson’s confirmation by the U.S. Senate . . .
Communications Daily – ICLE Director of Innovation Policy Kristian Stout was quoted by Communications Daily in a story about Alan Davidson’s confirmation by the U.S. Senate to become head of the National Telecommunications and Information Administration (NTIA). You can read full story (behind a subscriber firewall) here.
Davidson isn’t a wireless expert, but “I don’t see why that would necessarily be an impediment to NTIA being able to continue work on coordinating the demonstrated need for better spectrum utilization,” said Kristian Stout, International Center for Law & Economics director-innovation policy. “I don’t have any reason at the moment to think there is a problem looming.”