July 2016

George Washington Competition Law Center
Thursday, July 28, 2016
12pm-2pm
https://www.eventbrite.com/e/navigating-the-new-matchmaker-economy-the-r...

Today, we are increasingly living in the Matchmaker Economy. So are antitrust authorities and sectoral regulators. They increasingly encounter matters involving matchmakers. Some of these matters involve new business models, disruptive innovation, and the collision of new and old industries? Some also involve platforms that have quickly achieved massive reach and influence. What—if any—issues do these multisided platforms raise and what—in any—changes in analytical approaches do they require?

Dr. Evans, who has done pioneering work on the new economic science of multisided platforms will provide an overview of the new matchmaker economy based on his recent book, coauthored with Richard Schmalensee, Matchmakers: The New Economics of Multisided Platforms. The book has been featured in The New York Times, the Wall Street Journal and the Economist, and is a Hot New Release and Best Seller on Amazon.

Four leading experts on antirust and regulation will then give brief presentations:

  • Terrell McSweeny, Commissioner, Federal Trade Commission
  • Jonathan Sallet, General Counsel, Federal Communications Commission
  • Edward Black, President, Computer & Communications Industry Association
  • Scott Sher, Partner, Wilson Sonsini Goodrich & Rosati

Following the four presentations, Professor William Kovacic, Former Chairman of the Federal Trade Commission will moderate a panel discussion with the presenters.



The Atlantic
Wednesday, July 27, 2016
4:00 p.m. ET — 5:30 p.m. ET
http://www.theatlantic.com/live/events/teaching-for-tomorrow-dnc/2016/

At the Democratic National Convention, The Atlantic will pause to consider the implications of computer technology for how teachers teach and how students learn, and the policies that govern the trajectory of both.



Information Technology and Innovation Foundation
Wednesday, July 27, 2016
10:30 AM - 12:00 PM
https://itif.org/events/2016/07/27/dnc-policy-forum-how-next-administrat...

No matter who wins the 2016 election, the next president and Congress will face difficult economic and innovation policy challenges, ranging from stagnant productivity growth, to questions about government limitations on encryption, to building a workforce with the skills needed in the modern economy. Join ITIF for a panel discussion at the Democratic National Convention featuring business leaders and Members of Congress to explore ways the 45th president and 115th Congress can work together to shape policies to foster innovation, boost productivity, and make the United States more competitive in the global economy.

The event is free and open to the public. A recording will be available following the event. Follow @ITIFdc during the event, and join the conversation using #ITIFDNC.



Yahoo’s Sale to Verizon Ends an Era for a Web Pioneer

Yahoo’s board has agreed to sell the company’s core internet operations and land holdings to Verizon Communications for $4.8 billion.

After the sale, Yahoo shareholders will be left with about $41 billion in investments in the Chinese e-commerce company Alibaba, as well as Yahoo Japan and a small portfolio of patents. That compares with Yahoo’s peak value of more than $125 billion, reached in January 2000. Marissa Mayer, Yahoo’s chief executive, is not expected to join Verizon, but she is due to receive a severance payout worth about $57 million, according to Equilar, a compensation research firm.

For Verizon, the deal simply adds another piece to the digital media and advertising business it is trying to build. Verizon is building a portfolio of online content and aiming to monetize it via advertising. Its current assets include Huffington Post and TechCrunch, which it acquired in last year’s AOL deal, and its own mobile video app, called go90. Acquiring Yahoo will bring in millions more viewers from Yahoo sites like Finance, Sports and News. Verizon also hopes to plug data derived from smartphones into AOL, and now Yahoo’s, digital advertising systems, and it is aiming to build a competitor to online advertising giants Facebook and Google. But a combined Yahoo and AOL would be far outpaced by its now far-larger rivals.

The companies said the deal is subject to customary closing conditions, including approval by Yahoo’s shareholders, and is expected to close in early 2017. Until the closing, the companies said, Yahoo will continue to operate independently.

Clinton campaign — and some cyber experts — say Russia is behind email release

A top official with Hillary Clinton’s campaign accused the Russian government of orchestrating the release of damaging Democratic Party records to help the campaign of Republican Donald Trump — and some cybersecurity experts agree.

The extraordinary charge came as some national security officials have been growing increasingly concerned about possible efforts by Russia to meddle in the election, according to several individuals familiar with the situation. Although other experts remain skeptical of a Russian role, the hacking incident has caused alarm within the Clinton campaign and also in the national security arena. Officials from various intelligence and defense agencies, including the National Security Council, the Department of Defense, the FBI and the Department of Homeland Security, attended the White House meeting Thursday, on the eve of the email release. If the accusation is true, it would be the first time the Russians have actively tried to influence an election in this manner, analysts said.