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ICLE's comments argue that the petitions to deny fail to provide any compelling reason to adopt a presumption against this merger. To the contrary, there are good reasons to think that this transaction will benefit consumers and the economy.As ICLE scholars discuss in these comments, increased...
Persistent link: https://www.econbiz.de/10012870945
These comments were submitted to the FTC as part of its hearings on “Competition and Consumer Protection in the 21st Century.” As part of our comments, we note the timeliness of the hearings, given that, despite the vast social benefits generated by companies operating in the digital...
Persistent link: https://www.econbiz.de/10012871001
These comments were submitted to the FTC as part of its hearings on “Competition and Consumer Protection in the 21st Century.” In these comments, we analyze three overarching topics relevant for the regulation of data: (1) The role of privacy as an element of non-price competition; (2) The...
Persistent link: https://www.econbiz.de/10012871002
These comments were submitted to the FTC as part of its hearings on “Competition and Consumer Protection in the 21st Century.” In these comments, we note three high level points: (1) Antitrust policy must avoid the simplistic inference of competitive effects from market structure; (2) HHIs...
Persistent link: https://www.econbiz.de/10012871003
Since the original Pitofsky hearings, much has fundamentally changed in the way the firms do businesses. Yet, despite these rapid and fundamental shifts in technology and behavior, we still face many of the same policy challenges as existed twenty years ago (and more). Innovation always yields...
Persistent link: https://www.econbiz.de/10012871004
Although the FTC is well-staffed with highly skilled economists, its approach to data security is disappointingly light on economic analysis. The unfortunate result of this lacuna is an approach to these complex issues lacking in analytical rigor and the humility borne of analysis grounded in...
Persistent link: https://www.econbiz.de/10012871032
Persistent link: https://www.econbiz.de/10012995700
The salient objection to Section 230 reform that would saddle online platforms with any form of indirect liability for user-generated content is not one of principle, but of practicality: are there effective reforms that would meaningfully reduce the incidence of unlawful or tortious online...
Persistent link: https://www.econbiz.de/10013313050
Property rights are an essential economic institution. As the great UCLA economist Harold Demsetz famously argued, property rights spur specialization, investment, and competition, which in turn increase productivity, innovation, and wealth throughout the economy.The same holds true for...
Persistent link: https://www.econbiz.de/10014092692