By Edward Longe, American Consumer Institute As Washington continues its anti-consumer war on big tech, Chair of the House Antitrust Subcommittee, David Cicilline (D-RI 01), and other trustbusters have called for a Glass-Steagall law to regulate tech companies. Despite the attractiveness of a Glass-Steagall law for big tech, it would only inflict unnecessary harm […]
Tag: Big Tech
Should EU regulators treat Big Tech as natural monopolies?
“Regulating big tech: the Digital Markets Act” By Julia Anderson and Mario Mariniello, courtesy of the Bruegel Institute Digital market forces drive huge efficiency gains. But they also create winner-take-all dynamics that can, left unchecked, lead to monopolistic markets and hurt consumers in the long-run. Slow-moving competition policy tools are ill-equipped to fully address […]
TES Weekly Update: Science Delivers, Politics Withers
Diabetes breakthrough shows there’s hope! Brexit mess shows… something else Our world remains a study in contrasts, and that’s about the most that can be said for it. On the one hand, a breakthrough in the clinical understanding of diabetes promises to quietly revolutionize the way we treat one of the world’s deadliest […]
The Shark From Denmark: Vestager is coming for Big Tech
Execs for American Big Tech companies including Google, Facebook, Apple and Amazon have probably been enjoying a few sleepless nights since the reappointment of Margrethe Vestager, the bare knuckles European competition supremo, to her post as European Commissioner for Competition, along with her elevation […]
Big Tech’s argument: We’re just trying to help!
With the U.S. government and the attorneys general of numerous U.S. states starting probes against four of the biggest “Big Tech” firms — shorthand for Google, Facebook, Amazon and Apple — the Wall Street Journal is helpfully reviewing both sides of the argument, presenting […]
She’s baaaack: Vestager returns, more powerful than ever
Executives at Facebook, Google, Apple and other Big Tech firms would probably be happy to never again hear the name of Margrethe Vestager, the Danish competition supremo at the European Commission, who won fame (or infamy, depending on your point of view) as the […]