Tag: technology and innovation
Last week, US District Judge Amit P. Mehta handed down a significant ruling, finding that Google unlawfully maintained a monopoly in general internet search and search text advertising. This decision marks another chapter in a four-year saga initiated during the Trump administration, with Google already signaling its intent to appeal. The Department of Justice (DOJ) [...]
Sometimes a false narrative is repeated so often that people accept it as true. This has been the situation with mergers in the US, where numerous government officials, some academics, and others have accepted and repeated a narrative that merger oversight has grown weak since the 1980s, resulting in increased industry concentration and market power. [...]
The European Commission (EC) seems gripped by a tech-anxiety that drives it to attack technological advancements it believes it should control. If the EC does not address this irrational stance, Europe, once a beacon of industrial and scientific innovation, risks falling into technological obscurity. Read Dr. Jamison's complete take online at AEI.
America has a vibrant history of innovation and entrepreneurship. This heritage laid the foundation for today’s bustling e-marketplace and its unparalleled successes. Ninety-five percent of Americans participate, creating over 10 percent of US gross domestic product. Nearly three-fourths of small businesses credit ecommerce for their survival through the pandemic. Fifty-three percent reported in 2023 that [...]
In their misguided attempts to foster competition and innovation, US and European regulators are forging shackles for the very engines that drive technological progress. The Department of Justice, Federal Trade Commission, and state attorneys general have launched numerous antitrust cases against Big Tech companies like Alphabet, Apple, and Meta, while the European Union has introduced [...]