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UrduAbstract Citing corporate concentration and lax enforcement since the Reagan era, the Biden administration has declared a new era of aggressive antitrust prosecution, bringing antimonopoly actions against tech giants such as Meta, Google, and Amazon. But what’s so bad about…
Tag: Antitrust
Google’s new antitrust case ‘unlikely to be resolved quickly’
This week, the Department of Justice (DOJ), along with eight other states, sued Google over its digital advertising practices, arguing that Google utilizes its market dominance to force buyers and sellers to use its products under less favorable terms than…
The End of the Antitrust Case Against Facebook? Expert from Robert H. Smith School of Business available to discuss the ruling against the FTC and states.
David Kass, clinical professor of finance Kass has served as an economist in senior positions with the Federal Trade Commission, General Accounting Office, Department of Defense, and the Bureau of Economic Analysis. He also is active on Twitter (@DrDavidKass) and blogs about Warren Buffett,…
Facebook antitrust case unlikely to change social network landscape
A coalition of states and the Federal Trade Commission are accusing Facebook of illegally cutting down competition, and are suing the tech giant in federal district court. George Hay, professor of law at Cornell University, an expert on antitrust and…
DOJ Case Against Google ‘May Be Just a Start’
As the Justice Department’s antitrust suit against Google parent Alphabet Inc. heads to a Friday (10/30) hearing in U.S. District Court, Maryland Smith’s Kislaya Prasad is available to expand on his comments, excerpted from DOJ and Google: “Google’s search monopoly is too narrow,…
Fierce fight looms in DOJ v. Google, not an ‘open and shut’ case
The U.S. Department of Justice has sued Google over allegations that the tech giant violated federal antitrust laws through business practices that allowed it to lead the online search market. George Hay, professor of law at Cornell University, an expert…
‘Killer acquisitions’ top of mind as big tech faces Congress
On Wednesday, CEOs from Amazon, Apple, Facebook, Google will testify in front of the House Judiciary subcommittee on antitrust on their business practices that the committee says may be stifling competition. George Hay, professor of law at Cornell University and…
“Utah Statement” sets a new course in antitrust policy
In October, Steinbaum and other leading antitrust scholars met at the U to draft a statement that sets out a vision for a new antitrust policy, with specific recommendations for lawmakers to return antitrust laws to their original purpose of deconcentrating power. It’s called the “Utah Statement.”
The new monopolies: reining in big tech
The University of Chicago Booth School of Business Stigler Center Committee on Digital Platforms today released its first report delivering eight policy recommendations on how to rein in Big Tech, including creating a new Digital Authority.
The independent and non-partisan Committee – composed of more than 30 highly-respected academics, policymakers, and experts – spent more than a year studying in-depth how digital platforms such as Google and Facebook impact our economy and antitrust laws, data protection, the political system and the news media industry.