Antitrust and Innovation: What the Alarmists Get Wrong

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. 

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