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.
February 4, 2019
Focusing on mitigating speculative concerns about AI will limit its development and adoption. Policymakers should instead encourage innovation while crafting targeted solutions for specific problems if they occur.
January 27, 2019
While it is possible to argue for a more robust antitrust policy, the Consumer Welfare Standard should remain the main criteria to guide policymakers. It offers a flexible yet disciplined framework for evaluating market structure.
December 12, 2018
While the technology industry was once seen as being committed to building a better and smarter world, shifting public perceptions towards the tech industry have caused it to go on the defensive when it comes to issues ranging from data privacy to income equity, workplace diversity, and antitrust enforcement. Has the technology industry become worthy of the same scrutiny as the oil, banking, or airline industry? Join ITIF for an in-depth discussion of these critical issues, including an assessment of the validity of commonly voiced concerns and what the industry needs to do to avoid becoming the next Big Oil.
December 11, 2018
What should we make of large corporations today? Of all that can be said about large corporations—statistics, anecdotes, trend lines, and historical comparisons—which are the facts that matter most, and how should policymakers respond? Join ITIF for a spirited debate moderated by CNN's Lydia DePillis between ITIF President Robert Atkinson and Columbia University Law Professor Tim Wu on the role and influence of big business in today’s economy and society.
December 1, 2018
As Rob Atkinson writes in The Hill, the empirical evidence shows that the current panic around the supposed growth of “monopolies” in the U.S. economy is vastly overstated.
November 18, 2018
Rob Atkinson spoke on a panel on the consumer welfare standard at the inaugural "Challenges to Antitrust in a Changing Economy" conference, co-organized by Competition Policy International (CPI) and Computer & Communications Industry Association (CCIA).
October 30, 2018
In an explainer for RealClearPolicy, Joe Kennedy outlines how current antitrust principles remain capable of dealing with most threats to competition.
October 10, 2018
As Rob Atkinson and Michael Lind write for Bloomberg, progressives should abandon their battle against big companies like Amazon and push Congress to pass a higher national minimum wage that applies to all employers.
October 4, 2018
There is no legitimate case for abandoning a 40-year-old consensus on how to apply antitrust policy in favor of a vague, hard-to-enforce alternative that represents an amalgam of conflicting goals, some of which would work against economic progress and the national interest.
October 4, 2018
For the last 40 years, antitrust policy has been guided by what is known as the consumer welfare standard, but some activists have advocated for going back to a time when government actively pushed back against the formation of large firms.