Antitrust and Innovation: What the Alarmists Get Wrong

EDT
Thursday, October 26, 2017 - 10:00 AM to 11:30 AM
Information Technology and Innovation Foundation
1101 K Street NW Suite 610A
Washington, DC 20005
10/26/2017 10:0010/26/2017 11:30America/New_YorkAntitrust and Innovation: What the Alarmists Get WrongMM/DD/YYYY

Many technology industries are characterized by relatively high levels of industry concentration, with one or a few firms holding significant market share. This has sparked alarm in some regions, such as Europe, and among both progressive advocates on the left and populists on the right. Many are asserting that such concentration is anti-consumer and are calling for more aggressive antitrust enforcement, including limiting mergers and even breaking up large firms.

Yet, starting with the work of economist Joseph Schumpeter, and building steadily in the last two decades, many antitrust scholars have shown that innovation industries have unique characteristics that lead to increased concentration—and moreover that, in many cases, the concentration helps consumers and spurs economic growth.

Please join ITIF for an expert panel discussion on the ongoing policy debate about competition policy in innovation industries, including the latest research on the unique economics of innovation industries. 

Panelists will include Professor Carl Shapiro of UC Berkeley’s Haas School of Business, author of a forthcoming paper on antitrust in a time of populism; John Yun, Director of Economic Education at the Global Antitrust Institute (GAI) at George Mason University’s Antonin Scalia Law School; and Professor Howard Shelanski of Georgetown Law. 

This event will be live-streamed and a recording will be available following the event. Follow @ITIFdc during the event and join the conversation using #ITIFantitrust.

Speakers: 
Robert D. Atkinson
President
Information Technology and Innovation Foundation
Moderator
Carl Shapiro
Transamerica Professor of Business Strategy, Haas School of Business at the University of California at Berkeley.
Panelist
John M. Yun
Director of Economic Education at the Global Antitrust Institute (GAI), George Mason University Antonin Scalia Law School
Panelist
Howard Shelanski
Professor of Law
Georgetown University
Panelist