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
Platforms
Facebook’s Stealth M&A Puts Focus on Deals Under Antitrust Radar
Facebook did something US technology giants have done countless times before: it bought a smaller company and closed the deal without notifying competition regulators. But this transaction -- the $400 million acquisition of image library Giphy -- was particularly bold. Giphy used a common -- and legal -- maneuver that lets companies avoid scrutiny from merger watchdogs: it paid a dividend to investors.
The age of the à la carte internet
Media that were once free or easily accessible — including news websites, podcasts, TV shows and games — rushed to get behind paywalls during the pandemic. This accelerating trend is carving the internet into many niche audiences, Balkanizing our collective media diets. News publisher paywalls took off in 2020 and have seen sustained gains since; users are running into paywalls across a range of media, discovering they must now pay for content that was once free. Even podcasts, traditionally the most open and freely available media via RSS feeds, are moving behind paywalls. There's no clear
Senators Introduce Bipartisan Antitrust Legislation to Promote App Store Competition
Sens Richard Blumenthal (D-CT), Marsha Blackburn (R-TN) and Amy Klobuchar (D-MN) introduced the Open App Markets Act, which would set fair, clear, and enforceable rules to protect competition and strengthen consumer protections within the app market.
Facebook's accountability bind
Facebook's leaders know they have to demonstrate accountability to the world, but they're determined to do so on their own terms and timetable. Since the 2018 Cambridge Analytica affair, the company has moved to provide more transparency and oversight, but its limited programs often leave journalists and scholars as the de facto whistleblowers for problems on its platform. In August 2021 Facebook shut down the accounts of New York University researchers whose tools for studying political advertising on the social network, the company said, violated its rules. Facebook has become a sort of g
Why the US needs public-private partnerships for digital infrastructure
The Senate’s proposed infrastructure bill includes billions of dollars for broadband, but financial investment alone won’t be sufficient to keep America on top.
Facebook Acquisition Review Shows EU’s New Antitrust Power
The European Commission aims to use its new authority to review Facebook’s proposed takeover of Kustomer, a startup specializing in customer-service platforms and chatbots.
The push for a "PBS of the internet"
A new policy paper from the German Marshall Fund p
Outdated Ethics Rules Stymie the FTC's Efforts to Keep Up with Big Tech
The Federal Trade Commission (FTC)'s longstanding conflict-of-interest rules may unnecessarily impede its ability to attract, retain and deploy the technical expertise that it badly needs to keep up with Big Tech. To change this, the FTC needs to narrow
House Commerce Republicans Announce Big Tech Accountability Agenda
Big fines can change Big Tech
Multimillion-euro fines can force Big Tech companies to change their behaviour despite their deep pockets, according to French Competition Authority President Isabelle de Silva. She does not believe sanctions could be played down as merely “the cost of doing business,” breaking away from the consensus in the European Union, where competition officials have struggled for years to contain the market power of Big Tech despite levying billions of euros of penalties. Since June 2021, her office has hit Google with €720 million in fines in two separate cases.