A recent majority staff report summarizing the findings of a yearlong House Antitrust Subcommittee investigation into competition in digital markets is filled with analytical errors that highlight larger problems with the report’s basic framing and policy conclusions.
October 15, 2019
Antitrust law is an important tool for protecting competition and preventing abuses of market power. But the mere possession of data seldom confers lasting market power. And privacy issues, while very important, should not be an antitrust issue.
September 16, 2019
There is much to do to restore the promise of the American dream for U.S. workers. Attacking tech companies might feel good, and even excite some in the progressive base, but it won’t get the job done.
September 9, 2019
Fact of the Week: Only 23 percent of large corporations in North America have a chief digital officer, compared to 39 percent in Europe.
From cloud computing to e-commerce and social media, companies’ digital strategies have become crucial across all industries. This is reflected in the rise of chief digital officer (CDO) positions, which companies have used to centralize and prioritize their digital strategies.
July 31, 2019
Comments to the U.S. Consumer Product Safety Commission on the Internet of Things and Consumer Product Hazards
CPSC should pay more attention to some of the unique cybersecurity risks that exist with IoT devices, but it should not pursue any prescriptive regulations for device security.
July 29, 2019
Because of their “gatekeeper” role as prescribers, optometrists have often been able to stifle competition from online and “big box” retailers and thereby limit consumer choice in the sales of contact lenses. It is in this context that the FTC is rightly proposing new rules governing contact lens prescription release.
April 10, 2019
Taking the bludgeon of anti-trust to tech companies will make cyber security worse, not better.
March 15, 2019
UK Digital Competition Study Misses the Mark by Assuming Large Internet Platforms Require Stricter Antitrust Scrutiny
A new study for the UK government calls for more aggressive antitrust enforcement against big Internet companies. It is likely to provide momentum to those who advocate for a fundamentally different approach to antitrust than the one pursued over the last 40 years, which would deter innovation, increase prices, and lower quality.
March 11, 2019
As Joe Kennedy writes for Fox Business, Elizabeth Warren’s plan to break up big tech would raise consumer prices, limit choice and discourage innovation.
February 14, 2019
While many pundits claim monopoly is the scourge of the U.S. economy, Rob Atkinson writes that the airline industry demonstrates why this narrative is wrong.
February 8, 2019
ITIF has filed comments with the U.S. Consumer Financial Protection Bureau (CFPB), regarding its proposed rules for no-action letters and the product sandbox. CFPB should use these policies to facilitate experimentation in financial services.