Ownership

Who owns, controls, or influences media and telecommunications outlets.

Labor market impact of the proposed Sprint–T-Mobile merger

In this paper, we draw upon a nascent but fast-growing empirical economics literature on the earnings effect of labor market concentration to estimate how the Sprint–T-Mobile merger would affect earnings of workers at the US stores that sell the wireless services of the merging firms and their competitors. We find that the merger would reduce earnings in the affected labor markets.

Sponsor: 

Economic Policy Institute and the Roosevelt Institute ​

Date: 
Mon, 12/17/2018 - 18:30

Sprint and T-Mobile have announced plans to merge, which would significantly increase concentration in the wireless industry—reducing the number of major wireless carriers from four to three, increasing prices for consumers, and lowering wages for workers.

A discussion of groundbreaking new research quantifying the impact of the proposed merger on the wages of retail workers in the wireless industry.

This event is free and open to the public, and lunch will be provided. Your RSVP will help us prepare.

This event will be livestreamed.



Sponsor: 

Subcommittee on Antitrust, Competition Policy, and Consumer Rights

Senate Judiciary Committee

Date: 
Wed, 12/19/2018 - 20:30

Witnesses

  1. The Honorable William E. Kovacic

    Global Competition Professor Of Law And Policy

    George Washington University Law School

    Washington , DC

  2. Mr. Geoffrey A. Manne

    President And Founder

    International Center for Law and Economics

    Portland , OR

  3. Professor Abbott (Tad) B. Lipsky

    Adjunct Professor Of Law And Director Of Competition Advocacy

    Global Antitrust Institute at Scalia Law School at George Mason University

    Arlington , VA



Tech Workers Got Paid in Company Stock. They Used It to Agitate for Change.

Silicon Valley technology firms are known for giving stock to their workers, a form of compensation that often helps employees feel invested in their companies. But tech workers are now starting to use those shares to turn the tables on their employers. As many tech employees take a more activist approach to how their innovations are being deployed and increasingly speak out on a range of issues, some are using the stock as a way to demand changes at their companies. Employee shareholder proposals may ultimately not be effective since shareholder-led proposals are often shot down.

Sinclair 2018: Even having a friend in the Oval Office couldn't save this troubled year

In december 2017, the Sinclair Broadcast Group was riding about as high as a media company can ride these days.

Are social media companies motivated to be good corporate citizens?

This paper explores the connection between corporate social responsibility and social media safety. By examining the legal framework governing social platforms in the United States and case studies of online harms, we explore whether current US laws and company content moderation policies are effective in eliminating content (revenge porn and acts of terrorism) that is universally agreed to be harmful. Finally, the paper makes a number of suggestions for improvements in policy.

FCC Commences 2018 Quadrennial Review of Media Ownership Rules

The Federal Communications Commission adopted a Notice of Proposed Rulemaking commencing the 2018 Quadrennial Review of the Commission’s media ownership rules.

The FTC should match tech company innovation with oversight innovation

The Nov 27 Senate hearing on the activities of the Federal Trade Commission highlighted the shortcomings of applying industrial-era thinking to internet-era challenges. The new digital reality calls for both expansive regulatory oversight as well as legislative action. FTC Chairman Joseph Simons' constrained description of the FTC’s authority highlights the need for creative new responses the the ongoing collision between conservative dogma and the unconstrained activities of Big Tech.

Who makes the rules in the new Gilded Age?

The digital era has spurred tremendous advancements throughout human society, but it has also led to immense instability and inequality. Now, a handful of companies maintain unfettered dominance over key components of economic activity, with little signs of slowing. In this paper, Tom Wheeler sheds light on the issues of the information age by demonstarting its parallels with the Gilded Age, during which rapid industrial expansion led to centralized power and eventually gave way to massive reforms.

Google needs regulation. Republicans are too busy screaming about bias.

Members of the conservative majority on the House Judiciary Committee spent much of their time hammering [Google CEO Sundar] Pichai with baseless accusations that Google rigs its search results to censor conservative content. The bias obsession has distracted from the more important subjects that Congress has failed to address these past two years. That seems likely to change when Democrats take control of the House in January.