Platforms

Our working definition of a digital platform (with a hat tip to Harold Feld of Public Knowledge) is an online service that operates as a two-sided or multi-sided market with at least one side that is “open” to the mass market

Speech and Commerce: What Section 230 Should and Should Not Protect

The broad language of Section 230 should not be interpreted in a way that gives platforms that host third-party content a special exemption from laws that apply to businesses generally, or creates an exemption from the kinds of health, safety, public interest, and economic regulation that governments at every level—from federal agencies to municipalities–engage in. To be clear at the outset, this does not mean that any and all regulations a government may want to enforce are good ideas. Some of them might be. Others might be terrible.

Senate Antitrust Subcommittee Hearing on Big Tech and Antitrust Concerns

The Senate Antitrust Subcommittee heard from various parties on whether Big Tech companies have been allowed to become serial innovation killers, buying up tech start-up competitors before those competitors are large enough to raise red flags with regulators. A Federal Trade Commission witness said the agency was definitely retrospectively reviewing such "killer acqs" (acquisitions), and could break up or shake up already-merged companies if that is the appropriate structural remedy. 

Sponsor 

McDonough School of Business

Georgetown University

Date 
Mon, 09/30/2019 - 17:00 to 18:30

Antitrust has become a hot topic, taking an especially prominent role in the policy debate over the role of large technology companies in our economy, our society, and our daily lives. Proposals are coming from across the political spectrum for ways to regulate how tech platforms handle data and privacy, how they manage controversial content, and how they behave in the marketplace. Antitrust enforcement agencies in the U.S. and abroad are pursuing investigations and launching policy initiatives to probe large tech firms' competitive behavior.



FTC Democrats chart a new course

Thought things are tough for the tech industry in Washington now? Building Democratic frustration with the industry could bring a bigger crackdown if the 2020 election puts the party back in control of the White House. Look no further than the Federal Trade Commission — and its two Democrats — to see those dynamics at play. In a series of unusually blunt dissents in recent cases involving Facebook and Google, FTC Commissioners Rohit Chopra and Rebecca Kelly Slaughter argued for much tougher financial penalties for companies that break their promises and abuse their users’ privacy.

The Right Way to Regulate Digital Platforms

Based on growing signs that platforms are tipping toward monopoly in key market functions, it is very likely that antitrust is not enough of a solution without targeted regulation that opens markets to new competition. Perhaps the most important change we need is competition-expanding regulations that address the  problems antitrust cannot solve.  A new expert regulator equipped by Congress with the tools to promote entry and expansion in these markets could actually expand competition to benefit consumers, entrepreneurship, and innovation.

House lawmakers are planning to unveil legislation to probe social media and online extremism

Congressional lawmakers are drafting a bill to create a “national commission” at the Department of Homeland Security to study the ways that social media can be weaponized — and the effectiveness of tech giants’ efforts to protect users from harmful content online. The draft House bill is slated to be introduced and considered next week. If passed, the commission would be empowered — with the authority to hold hearings and issue subpoenas — to study the way social media companies police the Web and to recommend potential legislation.

Lawmakers Urge Aggressive Action From Regulators on Big Tech

The Senate Antitrust Subcommittee pressed top antitrust regulators to aggressively investigate the power of the country’s biggest tech companies, with some lawmakers questioning whether the officials had the will or resources to take on Silicon Valley’s richest businesses. The lawmakers pushed for assurances that the agencies would provide vigorous oversight of the companies. But the regulators — Joe Simons, the chairman of the Federal Trade Commission, and Makan Delrahim, the top antitrust official at the Justice Department — offered few details about their inquiries into the industry.

US Antitrust Enforcers Signal Discord Over Probes of Big Tech

Bad blood between the the Federal Trade Commission and the Justice Department's antitrust division -- entities investigating the giants of the tech industry -- has grown more intense with the delivery of a letter from one agency to the other that might be considered the equivalent of a brushback pitch. Both agencies assert authority to investigate whether US companies are violating antitrust law by squeezing out competition.

Senator Warner on Big Tech: Status Quo Won't Cut It

Senate Intelligence Committee Vice Chairman Mark Warner (D-VA) said that we have now seen how "the misuse of technology threatens our democratic systems, our economy, and our national security." "Western companies who help authoritarian regimes build censored apps or walled-garden versions of the internet are just as big a threat to a free and open internet as government actors," he said.

House Antitrust Subcommittee Committee asks Apple, Amazon, Facebook and Google to turn over trove of records in antitrust probe

The House Antitrust Subcommittee investigation into Amazon, Apple, Facebook and Google entered a new phase Sept 13, after lawmakers called on each of the tech giants to turn over a trove of sensitive documents, including top executives’ private communications. The requests sent by Democratic and Republican Reps ask the companies to share detailed information about their internal operations, including financial data about their products and services, private discussions about potential merger targets and records related to “any prior investigation” they have faced on competition grounds.