Showing results for: “digital markets act”
Antitrust at the Agencies Roundup: Back to the Past Edition
Labor Day approaches with most of us looking forward to a long weekend off, but there’s much in competition world looming on the horizon. As I am looking forward to a couple of days off, I’ll offer more of an annotated bibliography than analysis. But also a bit of discussion, because I am what I ... Antitrust at the Agencies Roundup: Back to the Past Edition
ACP Spends More Money While Running Out of Money; BEAD Rules Run Amok
If this is what a summer slowdown looks like in telecom policy world, then autumn is going to be a real humdinger. FCC Announces More Spending for ACP Outreach Last week, the Federal Communications Commission (FCC) announced government agencies and nonprofits in 11 states and territories will receive an additional $4.3 million to promote the ... ACP Spends More Money While Running Out of Money; BEAD Rules Run Amok
Antitrust at the Agencies Roundup: The Cat’s Tuches of Summer Edition
I had thought we were in the dog days of summer, but the Farmer’s Almanac tells me that I was wrong about that. It turns out that the phrase refers to certain specific dates on the calendar, not just to the hot and steamy days that descend on the nation’s capital in . . . ... Antitrust at the Agencies Roundup: The Cat’s Tuches of Summer Edition
Red Tape and Headaches Plague BEAD Rollout
While the dog days of August have sent many people to the pool to cool off, the Telecom Hootenanny dance floor is heating up. We’ve got hiccups in BEAD deployment, a former Federal Communications Commission (FCC) member urging the agency to free-up 12 GHz spectrum for fixed wireless, and another former FCC commissioner urging a ... Red Tape and Headaches Plague BEAD Rollout
A Comparison of US and UK Physicians Advice on Nicotine and Vaping
In 2020, an academic paper suggested that more than 80% of U.S. physicians mistakenly thought that nicotine was a carcinogen. The implication of this finding was that perhaps physicians thought vaping (and even nicotine-replacement therapy) to be almost as dangerous as smoking. But physicians are busy people and I suggest that some, maybe most, might ... A Comparison of US and UK Physicians Advice on Nicotine and Vaping
Competition Increases Concentration
A market with 1,000 tiny sellers is not some ideal market. Concentration can be extremely beneficial, leading to economies of scale and stiffer competition to win a big share of the market. Yet the Federal Trade Commission (FTC) and U.S. Justice Department’s (DOJ) draft merger guidelines double down on the idea that concentration is inherently a problem. ... Competition Increases Concentration
Broadband Deployment, Pole Attachments, & the Competition Economics of Rural-Electric Co-ops
In our recent issue brief, Geoffrey Manne, Kristian Stout, and I considered the antitrust economics of state-owned enterprises—specifically the local power companies (LPCs) that are government-owned under the authority of the Tennessee Valley Authority (TVA). While we noted that electricity cooperatives (co-ops) do not receive antitrust immunities and could therefore be subject to antitrust enforcement, we ... Broadband Deployment, Pole Attachments, & the Competition Economics of Rural-Electric Co-ops
South Africa’s Competition Proposal Takes Europe’s DMA Model to the Extreme
The South African Competition Commission (SACC) has proposed changes to the nation’s digital-market regulation that could deal a significant blow to an already struggling South African economy. Ostensibly intended to protect online competition, the SACC’s plan to reshape the business models of “online intermediation platforms” like Google and Booking.com would entail a radical departure from traditional competition regulation. This ... South Africa’s Competition Proposal Takes Europe’s DMA Model to the Extreme
The FT Misunderstands the Economics of Credit-Card Markets
In a recent piece for the Financial Times, Brendan Greeley argues that the misnamed Credit Card Competition Act would reduce inflation. In it, Greeley recycles numerous myths about the nature of credit-card markets that have long been rebutted by serious economic research. Both theory and ample evidence from the United States and other countries shows ... The FT Misunderstands the Economics of Credit-Card Markets
Will the USF Survive the 5th Circuit?
The Telecom Hootenanny is back from a little summer break. As they say on AM radio: “If you miss a little, you miss a lot.” So rather than trying to catch up, let’s focus on some of the latest news from the telecom dancefloor. For this edition of the Hootenanny: we’ve got a big-time challenge ... Will the USF Survive the 5th Circuit?
Antitrust at the Agencies Roundup: Kill All the Widgets Edition
Over the river, into the woods, and down into the weeds we go. There’s a whole lot of drama going on at the Federal Trade Commission (FTC), not least because of recent correspondence between the U.S. House Oversight Committee and FTC Chair Lina Khan that might politely—euphemistically, really—be termed “heated.” But I’m not gonna go ... Antitrust at the Agencies Roundup: Kill All the Widgets Edition
The FTC’s Gambit Against Amazon: Navigating a Multiverse of Blowback and Consumer Harm
The Federal Trade Commission (FTC) is reportedly poised some time within the next month to file a major antitrust lawsuit against Amazon—the biggest yet against the company and the latest in a long string of cases targeting U.S. tech firms (see, for example, here and here). While specific details of the suit remain largely unknown ... The FTC’s Gambit Against Amazon: Navigating a Multiverse of Blowback and Consumer Harm
