Regulation and Antitrust

Join ITIF’s Schumpeter Project on Competition Policy for a lively and insightful discussion featuring leading experts from Europe.

Following the Court of Justice’s decision in the long-running Google Shopping case, ITIF released the following statement from Joseph V. Coniglio, director of antitrust and innovation.

The SSCP’s broad per se prohibitions and limited cybersecurity exemption are likely to chill the very innovative behavior that is key to allowing Japan’s smartphone markets to thrive, and risk targeting a leading firm of one of its closest allies.

The ACCC should consider digital models beyond the EU's Digital Markets Act and Digital Services Act, such as those of the United States, Singapore, and Taiwan, which do not involve heavy-handed digital regulations that can stifle the very innovation Australia seeks to foster.

There is no need to expand California’s antitrust regime, as changes should be grounded in empirically demonstrable failures by the status quo to protect competition and consumers. California’s economy is fueled by innovation and technological revolutions, which continue to drive its dynamic businesses and benefit consumers.

In the words of Judge Mehta, Google is what it is today because it has “innovated consistently, and made shrewd business decisions.” Hopefully courts will ensure that this antitrust case doesn’t end up hindering Google from continuing to do just that.

En vogue though it may seem to be, “Khanservatism,” or the conservative politicization of antitrust against tech platforms, is not the solution for conservatives seeking to push back against the alleged censorship of their speech by large tech platforms.

Neo-Brandeisians are weaponizing antitrust against the perceived threat of big businesses, to the detriment of American innovation and core values. We must stop this radical antitrust sentiment to maintain America’s economic success and global competitiveness.

A Democratic staff report from the House Small Business Committee claims that small businesses are better for the economy and large firms are harming it. But most of the report’s assertions stem from flawed research, and its policy recommendations would be detrimental.

Watch now for an event hosted by ITIF's Schumpeter Project on Competition Policy, featuring leading antitrust experts from Taiwan, Japan, Korea, and the United States.