Antitrust

Join ITIF for a panel discussion with international experts on a forthcoming report analyzing a decade of previously uncompiled KFTC enforcement data, what its findings mean for U.S.–Korea economic relations, and how policymakers in both countries should respond.

Jack Nicastro sat down with Richard Morrison to discuss antitrust law, the consumer welfare standard, how to be an entrepreneur, and the human value of economic growth.

Developing common AI safety standards does not, by itself, undermine competition. Policymakers should not force companies to choose between competing vigorously and working together to prevent serious safety risks. Antitrust law should allow both.

More troubling than any effects on competition the decree will have is what it does to antitrust itself: It uses competition law to enact industrial policy goals that have little to do with competition.

The Proposed Amendment would have the effect of “protecting” startups by frustrating larger firms from acquiring their founders and employees. Adopting such a policy would predictably chill incentives to innovate.

Mandating broader transparency around algorithmic or personalized pricing requires congressional legislation to weigh costs and benefits, and the FTC should revise its policy statement to target law violations without restricting legitimate personalized pricing.

ITIF applauds the Ministry for removing much of the digital-platform specific language from the earlier version of the Draft Law, but remains concerned that what remains in the proposed amendments, especially to Articles 26 and 27, may result in de facto discrimination against digital platforms.

Joseph V. Coniglio talks with Georgetown emeritus professor Steven C. Salop about the rise of strategic oligopoly models, the evolving lawyer–economist relationship, and debates over consumer welfare versus broader goals like democracy and inequality.

Antitrust battles over digital markets have spread well beyond Big Tech to other leading online firms, threatening productivity and dynamism across the digital economy.

To avoid a potentially exorbitant Digital Markets Act fine, Google is changing its spam policy in a way that may degrade Search, providing yet another example of the European Commission compelling American firms to weaken their services.