Watch ITIF’s Schumpeter Project on Competition Policy's event for an expert panel discussion and presentation of a new report on the challenges ahead in implementing and enforcing the DMA.

In this conversation, Director of the Schumpeter Project on Competition Policy, Aurelien Portuese, sits down with Commissioner Noah Phillips of the Federal Trade Association to learn about his views on the current state of antitrust and competition policy and the state of capitalism in America.

Watch the latest installment of the Dynamic Antitrust series, where Julie Carlson moderates a panel with antitrust and inflation experts to get their views on the relationship between corporate concentration and inflation.

Watch this expert discussion about how to integrate the Schumpeterian perspective into competition policy as an alternative to the Neo-Brandeisian movement agenda.

Please join ITIF for the latest in a series of discussions on “dynamic antitrust.” In this installment, Julie Carlson will sit down with former chief economists from the DOJ and FTC to discuss their views on the planned revisions to the guidelines.

The history of major antitrust actions against dominant tech firms suggests that the federal government would be wise to always move with precision and an eye toward the evolution of business models and underlying technologies in our dynamic economy.

Microsoft buying Activision would help the firm compete with Japan’s Sony and Nintendo, and Adobe buying Figma would put America in a better position in the international market for creative design tools.

With its provocative claim that America now has less economic competition than the EU, Thomas Philippon’s book The Great Reversal has become a bible for neo-Brandeisians. But reports of the death of competition in America are highly exaggerated: While U.S. antitrust remains effective, EU competition policy has failed to stimulate innovation, productivity, or growth.

Strengthening antitrust laws purely based on a big-is-bad ethos will not benefit consumers and, in many circumstances, will impede the most effective businesses from expanding.

This is no time to purposefully damage some of America's most prominent and competitive businesses by focusing solely on domestic concentration. As American markets are increasingly exposed to competition from other countries, antitrust enforcers should not rely on these mismeasurements of market power.

Antitrust authorities want to revise merger guidelines based on dubious theories of potential harm that fail to recognize how many mergers foster innovation, productivity, and U.S. global competitiveness. New merger guidelines should better account for these considerations.

Throughout its 100-year-plus history, U.S. antitrust policy has studiously ignored the issue of global economic competitiveness. Indeed, U.S. antitrust enforcers have often harmed U.S. companies while helping their foreign counterparts, as DOJ would do by blocking the Microsoft-Activision aquisition.