Publications

Enlisting private companies in offensive cyber operations could strengthen U.S. efforts against transnational cybercrime, but the program needs rigorous guardrails and congressional oversight to limit collateral damage and escalation.

Antitrust battles over digital markets have spread well beyond Big Tech to other leading online firms, threatening productivity and dynamism across the digital economy.

Major agreements, new participants, and key diplomatic and industrial milestones in the U.S.-led Pax Silica initiative, which aims to secure global supply chains that underpin AI and other advanced technologies.

To avoid a potentially exorbitant Digital Markets Act fine, Google is changing its spam policy in a way that may degrade Search, providing yet another example of the European Commission compelling American firms to weaken their services.

The United States will not realize the full benefits of AI if policymakers treat it primarily as a technology that needs to be constrained.

Eliminating harmful NEPA review is a necessary reform that will help America continue to lead in space innovation. However, the NPRM's uniform waiver across environmental laws and launch and reentry sites forgoes the risk-based, evidentiary approach that justifies deregulatory action.

Thailand’s digital markets exhibit no general market failure that could justify either new ex ante digital antitrust regulation like the PEA or the sort of heavy-handed sector-specific changes to its ex post enforcement framework contemplated by the Proposed Guidelines.

Heavy dependence on Chinese APIs creates risks to the drug supply and national security. To reduce dependence, U.S. policy should support domestic and allied production through the advanced manufacturing innovation, tax incentives, import limits, regulatory reforms, improved analysis, and targeted procurement, including strategic stockpiling.

The JFTC has an excellent opportunity to set the global gold standard for competition policy in merger enforcement by issuing guidelines that best foster innovation by fully encouraging the dynamic efficiency benefits that business combinations can bring.

The number of venture capital deals involving unicorns—firms valued at $1 billion or more—is growing, with $245.6 billion invested over 225 transactions in Q1 alone. 78 percent of this value was raised by just 5 firms.