Regulation and Antitrust

About ITIF’s Schumpeter Project: Competition Policy for the Innovation Economy
The Schumpeterian perspective represents a new intellectual framework for practical antitrust reforms that enable the innovation economy. That is the mission of ITIF’s Schumpeter Project: to advance dynamic competition policy in which innovation is a central concern for antitrust enforcement, not a secondary consideration.
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Led by ITIF’s director of antitrust and innovation policy, Aurelien Portuese, the Schumpeter Project conducts legal and economic research, publishes actionable policy analysis, organizes high-level discussions, and engages with policymakers to rethink the relationship between competition and innovation for the benefit of consumers, innovative companies, the economy, and society. Read more in ITIF’s June 2021 report, “Principles of Dynamic Antitrust: Competing Through Innovation.”

 

Regulation and Antitrust
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June 3, 2022
Assessing the Neo-Brandeisian Revolution: Looking for Mr. Schumpeter?
Please join ITIF for an expert discussion about how to integrate the Schumpeterian perspective into competition policy as an alternative to the Neo-Brandeisian movement agenda.
May 26, 2022
Reason, Not Resentment, Should Inform Antitrust Legislation
These bills are punitive: They would decrease consumer welfare, stifle innovation, and deter the process of creative destruction, which characterizes the dynamism of capitalist societies and underpins the march toward progress through technological changes.
May 26, 2022
How an Antitrust Bill May Harm Consumers: The AICOA Bill Illustrated
It is time for members of Congress to reflect on the numerous unintended consequences of the AICOA bill, or else the passing of this bill will weaponize antitrust laws at the expense of innovation and consumer welfare.
May 23, 2022
Comments to the National Telecommunications Information Administration Regarding Competition in the Mobile App Ecosystem
The Biden administration should withdraw its support of S.2710 at least until the NTIA provides evidence of alleged anticompetitive conduct in a failing mobile apps market through its study. Until then, support for the S.2710 is rushed and undermines the effectiveness of the fact-finding exercise carried out by the NTIA via its RFC.
May 8, 2022
Biden Antitrust: The Paradox of the New Antitrust Populism
Biden antitrust is nothing but the Progressives’ agenda to endorse a populist “big is bad” stance and advocating for firms to be trimmed down so that none can ever exercise market power, even if such exercise benefits consumers and promote innovation.
May 2, 2022
Antitrust Bills Under Fire From Former Chief Economists
The best way to regulate competition and enforce antitrust to prevent anticompetitive conduct remains the judicial process: Judge-made law better preserves adherence to the rule of reason, efficiency considerations, and, more generally, to the rule of law, which provides greater legal certainty. In other words, the enforcement of antitrust laws ought to remain predominantly dynamic, using the evolutionary process of the court system.
May 2, 2022
Don’t Bite the Hand That Feeds You: Amazon’s Self-Preferencing Paradox
The American Innovation and Choice Online Act (AICOA), which was voted out of the Senate Judiciary Committee in January, ignores Amazon’s own interest in preserving the vitality of its third-party seller ecosystem.
May 2, 2022
Monopolies Are Not Taking a Fifth of Your Wages
A recent Treasury report on labor market competition provided a misleading narrative about labor market concentration and its effect on workers. Labor market power is largely due to labor market frictions, not concentration. Firms are not profiting at the expense of workers.
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.
April 18, 2022
We Should Not Allow China to Weaponize Antitrust for Theft of American Intellectual Property
Protecting American innovation is especially critical in an environment in which the military increasingly depends on dual-use technologies such as the memory products at issue in this transaction. We should not allow China to weaponize antitrust for theft of American intellectual property.

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