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Schumpeter Project on Competition Policy

Schumpeter Project on Competition Policy

The Schumpeterian perspective represents a new intellectual framework for antitrust reforms that focus less on competition for competition's sake and more on enabling firm dynamic capabilities to power productivity, innovation and global competitiveness. The Schumpeter Project’s mission is to advance dynamic competition policy with boosting firm dynamic capabilities as a central concern for antitrust enforcement. (Read more.)

Featured Publications

Comments to the Justice Department and FTC Regarding Draft Merger Guidelines

Not only are the proposed concentration thresholds in irreconcilable tension with the economic evidence surrounding the relationship between market structure and innovation, but established antitrust law counsels against the use of a structural presumption to satisfy the government’s prima facie burden in markets characterized by Schumpeterian competition.

The National Economic Council Gets It Wrong on the Roles of Big and Small Firms in U.S. Innovation

The National Economic Council Gets It Wrong on the Roles of Big and Small Firms in U.S. Innovation

A new White House report insinuates that small firms are America’s true innovators. Advancing this narrative makes it easier to advance an anticorporate antitrust agenda, including banning all mergers. However, scholarly studies and data do not support the administration’s premise.

How to Restore Limiting Principles for “Unfair Methods of Competition” in Antitrust Law

How to Restore Limiting Principles for “Unfair Methods of Competition” in Antitrust Law

The FTC has granted itself the power to bring antitrust enforcement actions based on amorphous and politically motivated ideas of “fairness.” There should instead be a uniform standard for what constitutes fairness in both consumer protection and competition policy.

Why Merger Guidelines Must Do More to Support Productivity, Innovation, and Global Competitiveness

Why Merger Guidelines Must Do More to Support Productivity, Innovation, and Global Competitiveness

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.

Platforms Are the New Organizational Paradigm

Platforms Are the New Organizational Paradigm

Just as there was opposition to the corporate economy in the early 1900s, there is opposition to the platform economy today. But limiting “platformization” would have considerable long-lasting economic costs for the nation and consumers.

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Events

September 22, 2022

The EU’s Digital Markets Act: A Triumph of Regulation Over Innovation?

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.

August 10, 2022

Dynamic Antitrust Discussion Series: Commissioner Noah Phillips

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.

June 27, 2022

Dynamic Antitrust Discussion Series: Antitrust and Inflation

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.

June 3, 2022

Assessing the Neo-Brandeisian Revolution: Looking for Mr. Schumpeter?

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

April 28, 2022

Dynamic Antitrust Discussion Series: “Chief Economists’ Perspectives on Horizontal Merger Guidelines”

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.

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Staff

JoeJoe Coniglio

Director of Antitrust and Innovation Policy

HadiHadi Houalla

Research Assistant

TrelysaTrelysa Long

Policy Analyst

Advisors

PhilippePhilippe Aghion

Professor, College de France, LSE, & INSEAD

Christopher G.Christopher G. Caine

President, The Center for Global Enterprise

RichardRichard Gilbert

Professor Emeritus, UC Berkeley

DavidDavid Kappos

Partner, Cravath, Swaine & Moore LLP

MaureenMaureen Ohlhausen

Former Acting Chairwoman, Federal Trade Commission

DavidDavid Teece

Executive Chairman, Berkeley Research Group

More From the Center

September 20, 2023|Reports & Briefings

Big Tech’s Free Online Services Aren’t Costing Consumers Their Privacy

There is no evidence that breaking up big online platforms will improve digital privacy, but there is overwhelming evidence that breaking up these services or restricting them from collecting user data will harm consumers and workers.

September 19, 2023|Blogs

United States v. Google and the Legacy of the Microsoft Case

United States v. Google represents the most significant challenge to a large technology company on the grounds that it abused a monopoly position since the seminal United States v. Microsoft.

July 19, 2023|Blogs

100M Users Debunked the Argument That Big Tech Uses Monopoly Power to Hurt Individual Privacy

The rapid consumer adoption of Meta’s Threads has put new holes in the theory that consumers only consent to data collection on large social media platforms because companies leverage their market power to coerce them into it.

June 13, 2023|Blogs

The UK’s Latest Antitrust Grab Could Be the Final Blow for Its Tech Sector

If enacted, the UK’s Digital Markets, Competition and Consumers Bill could ruin the UK’s ability to compete with other leading tech sectors.

June 5, 2023|Blogs

Any Remake of Antitrust Law for the Digital Economy Should Advance the Principles of Consumer Protection and Free Competition

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.

May 17, 2023|Op-Eds & Contributed Articles

Killing Mergers Hurts America’s Global Competitiveness

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.

May 15, 2023|Reports & Briefings

The Great Revealing: Taking Competition in America and Europe Seriously

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.

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