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Enforcer Roundtable at #ATspring19: @JoeSimonsFTC talking about Tech Task Force. TTF will be looking closely at monopoly maintenance through acquisition, particularly of nascent competitors. #antitrust
Now, @vestager talking about the interaction between fairness and competition. She notes that people can care or not care about politics, but everyone participates in the market. (It's a nice observation. Markets proceed politics.) #ATspring
Rodney Sims (Chair, Australian Competition and Consumer Commission) reiterates his concerns about platforms undermining traditional media business models. Seems of two minds if is an antitrust issue. #ATSpring Basically a repeat of yesterday:
1st panel I've been able to attend at #ATSpring & panel is debating a paper by @M_Ohlhausen and Alex Okuliar (summarized nicely by Gail Slater). That paper sets out when a questionable biz practice is a consumer protection or competition issue. Read it! papers.ssrn.com/sol3/papers.cf…
Now, Isabella De Silva (Autorité de la Concurrence, Paris) says that small startups, like the French version of Spotify, complained that GDPR data portability meant big companies could easily steal their hard-earned customers. #ATSpring
Susan Creighton: it's interesting there is so much focus on tech sector given it's only 6% of US economy (banking is 18%). The disruptive nature of tech means unease gets directed at few big tech companies. #ATSpring
