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.
October 18, 2021
You’d think that pundits, advocates, and public officials would make some attempt to rely on data. But alas, that is not the case.
October 18, 2021
In many areas of economic policy, initial studies turn out to be incorrect, yet they take on a life of their own, being quoted, cited and tweeted to such an extent that few people bother to question their veracity.
October 4, 2021
Podcast: Why There Is a Disconnect Between the Economics of Innovation and U.S. Antitrust Policy, With David Teece
Rob and Jackie sat down recently with David Teece, the Thomas W. Tusher Professor in Global Business at UC Berkeley’s Haas School of Business, to discuss the intersection of innovation and economics in antitrust policy.
October 1, 2021
The greatest challenge to America is workers being laid off through greater efficiency. So, it was a huge relief to see lawmakers finally waking up to the problem this week in a House Judiciary hearing on antitrust, particularly members decrying mergers that increased efficiency, leading to fewer jobs.
September 30, 2021
Some of the French proposals for regulating the digital economy have become so outlandish that it is getting hard to distinguish between real articles printed in Le Monde versus ones you might find on a satirical website like The Onion.
September 27, 2021
The neo-Brandeisian case for more aggressive merger reviews assumes that market concentration is out of control and enforcement has been too lax. Neither is true. Antitrust regulators should recognize that mergers can contribute to innovation, productivity, and competition.
September 23, 2021
In a quest to cut “big tech” down to size, progressives in the United States want to copy Europe’s proposed Digital Markets Act (
September 15, 2021
The notion of market tipping in IoT confuses the first-mover advantage inherent to “market creation.” Absent market tipping, or with considerable qualifications, antitrust authorities should reconsider a hasty analysis concluding that IoT markets epitomize gatekeepers.
September 3, 2021
Looking for lower prices online? They may soon be harder to find. Blame it on the “Brussels effect”—the creeping influence of European-style regulation in the U.S. economy.
August 30, 2021
As Congress considers enacting anti-big-business antitrust reforms as part of the so-called “techlash,” many see China’s techlash as an additional justification for U.S. action. Yet, lawmakers should be careful what they wish for.