Thomas Hazlett on the Google Antitrust Trial
Yellowhammer News – A recent ICLE paper by Academic Affiliate Thomas Hazlett was cited by Yellowhammer News in a story about the U.S. Justice Department’s antitrust case against Google. You can read full piece here.
The ease of changing the search default is a major weakness of the DOJ’s argument. Bing is the default on many devices, but users switch to Google. As economist Thomas Hazlett argues, there’s good evidence that many folks just like Google.
…Professor Hazlett offers a great example. The Federal Communications Commission blocked cell phone development for four decades! The technology emerged after World War II but the FCC failed to see the value and make any electromagnetic spectrum available until 1970. Cell phones only emerged after 1982.