Regulation and Antitrust
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.
August 2, 2021
ITIF's Center for Data Innovation responded to the European Commission's call for feedback on its proposals to adapt product liability rules to the digital age.
August 2, 2021
The goal of antitrust reform should be to advance a modern approach to competition policy that elevates innovation to become a central concern for antitrust enforcement.
July 26, 2021
China leverages antitrust law to achieve industrial policy objectives—including in the tech sectors that are crucial to its rivalry with the United States—but it does so through an insular bureaucracy that is surprisingly fragmented and therefore difficult for outsiders to understand.
July 21, 2021
Senate Hearing Inadvertently Shows Why Antitrust Policy Is the Wrong Prescription for What Ails Drug Markets
Four out of five Americans say prescription drug prices are unreasonably high, according to a recent KFF survey—and people across the political spectrum say pharma profits are a major contributing factor.
July 12, 2021
Few would oppose the president’s stated goals of lowering prices, raising wages, and increasing convenience for Americans. But his executive order is not the way to achieve them.
July 12, 2021
Anticorporate Progressivism: The Movement to Restrict, Restrain, and Replace Big Business in America
For many progressives, anticorporatism is not just the means for achieving other policy goals, it is the main goal in and of itself: an economy rid of large corporations. If their movement prevails, the result will be slower growth, diminished competitiveness, and less opportunity.
July 6, 2021
When it comes to technology and the economy, the U.S. is grappling with two contradictory goals: competing with China in advanced technology industries and ramping up antitrust enforcement against leading U.S. tech companies.
July 1, 2021
Comments to the FTC on Whether to Rescind Its 2015 Policy Statement on ‘Unfair Methods of Competition’
The FTC has a mandate to determine unfair methods of competition, but the rapidly changing nature of today’s markets should not lead to the FTC adopting precautionary ex-ante rules. The FTC must preserve the dynamic process of creative destruction, not preemptively inhibit it.
June 30, 2021
ITIF hosted an expert panel discussion exploring the implications of GTIPA’s declaration of principles, and prospects for the vision to become a reality.
June 29, 2021
The Europeanization of antitrust policy is overall a terrible idea, but it is nonetheless gaining traction, not just in New York and other states, but in Congress too.