Sometimes asking the right question makes all of the difference. In July of this year, my friends and former students at the National Communications Authority of Ghana asked me to speak on the question: “Has digitization redefined the boundaries of market definition?” They didn’t ask if market boundaries change. That would have been too easy. Rather they asked if the boundaries of market definition change. My answer was, “Yes they have! And thus we should rethink market power.”
Read “Let’s rethink market power in tech” on AEI.