Understanding zero-price markets has never been more important. With the FTC reportedly weighing whether to block Facebook’s plans to integrate its various apps, and various investigations underway across the globe, more scrutiny than ever is being paid to Silicon Valley giants. But what do we pay for these digital apps. One of my favorite things...Read More
The Bundeskartellamt issued its long-awaited decision on Facebook’s data collection practices today, and it’s something of a mixed bag. Facebook quickly issued a response on its blog, unsurprisingly taking issue with the German competition authority’s findings. Below are a few initial reactions. The Good: A flexible approach to market definition works better than the SSNIP...Read More
On June 25, the U.S. Supreme Court handed down what may prove to be the single most important antitrust decision of this decade. For the laissez-faire crowd, Ohio v. American Express was a resounding victory. For those who favor antitrust oversight, it was an absolute disaster. Let’s break down the good, the bad, and the ugly...Read More