July 21, 2020
tl;dr - Vertical integration: economies of scope
Vertical integration allows businesses to innovate more. It may be bad for certain competitors, but it is rarely bad for competition.
Resources
July 21, 2020
tl;dr - Competition in digital platform markets: a question of definitions
Competition is strong in digital markets, but traditional antitrust tools may miss competitive nuances in these markets.
July 21, 2020
tl;dr - Self-preferencing: building an ecosystem
“Self-preferencing” is a normal part of how platforms operate, both to improve the value of their core product and to make money from it so that they have a reason to keep investing in it.
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.
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 26, 2020
ICLE Amicus Brief in NAB v. Prometheus
ICLE supports the petition for certiorari filed by the National Association of Broadcasters (“NAB”), et al. seeking this Court’s review of the order issued by the U.S. Court of Appeals for the Third Circuit in Prometheus Radio Project v. FCC.
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."