The Paradox of Google Search Remedies
The U.S. Justice Department (DOJ) won its antitrust case against Google last year, establishing that the company illegally maintained its monopoly in “general search” and “general search . . .
Addicted to Vagueness: Lawmakers Can’t Regulate Social Media by Vibes
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Fireside Chat with Nobel Laureate Oliver Hart
On Jan. 17, 2025 in Paris, the International Center for Law and Economics’ (ICLE), the European University Institute’s Department of Law, IE Law School Madrid, . . .
Geoffrey Manne at FTC Hearing #9: Data Security
ICLE founder and president Geoffrey Manne participated in FTC Hearing #9: Data security on the panel entitled, FTC Data Security Enforcement, on Wednesday, December 12, . . .
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Addicted to Vagueness: Lawmakers Can’t Regulate Social Media by Vibes
A lawsuit over infinite scroll sounds, at first blush, like a fight over product design. Make the app less sticky. Stop nudging teens to keep . . .
Nonstop to Nowhere: Spirit, JetBlue, and the Limits of Merger Doctrine
Spirit Airlines built its brand on the promise that flying could be miserable, but cheap. Its reported shutdown and liquidation now poses a less cheerful question for . . .
Grow the Pie, Skip the Sermon
In a recent Substack essay, “The progress movement needs a better theory of progress,” Brink Lindsey argues that the progress movement has settled for too . . .
With Gilead’s Reasonableness Standard, Side Effects May Vary
Adrug manufacturer’s research pipeline is many things: a bet on science, a bet on regulators, a bet on patents, and a very expensive bet against . . .
False Positives, Real Casualties: The High Price of Populist Antitrust
Spirit Airlines was supposed to be the “maverick” antitrust saved from JetBlue. Instead, the deal died, Spirit followed it into bankruptcy, and the maverick exited the . . .
The Lifeline Program’s Afterlife Problem
Asubsidy program can survive many things. Paying benefits to the dead should not be one of them. That is the problem now facing the Federal . . .
Competitiveness Without the Cronyism
Big mergers are back in fashion. So are “national champions,” industrial-policy wish lists, and solemn warnings that antitrust enforcement may leave the West defenseless against . . .
AI Risk and the Very Large Hammer
The trick in AI policy is not deciding whether artificial intelligence is risky. Of course it is. So are electricity, aviation, pharmaceuticals, and teenagers with . . .
Stack Wars: The Garage Myth Meets the Five-Layer Cake
The canonical story of the modern tech firm still starts in a metaphorical garage. William Hewlett and David Packard with the audio oscillator. Steve Jobs . . .