Discover and read the best of Twitter Threads about #Antitrust

Most recents (24)

As #antitrust bills that would ban Big Tech monopoly abuses & self preferencing come closer to a floor vote, industry lobbyists are trying EVERYTHING to kill these bills

One thing they're doing is amplifying arguments that these bills will undermine content moderation. THREAD🧵:
Every piece of legislation comes with nuance and tradeoffs. One thing industry lobbyists often do is disingenuously amplify or distort good faith critiques or concerns about the specifics of legislation. So it's important to understand the dynamics here.
A few academics and advocates (some of whom I like and respect!) have suggested that language in #S2992 that prohibits companies from "discriminating" against other businesses in an anti-competitive manner could be weaponized to chill platforms' content moderation.
Read 24 tweets
I trucchetti di @TIM_Official e il rispetto verso i clienti: un piccolo thread. 1/n
Se avete un numero #cellulare @TIM_Official e salite in #traghetto è possibile che veniate addebitati di decine di euro senza alcuna ragione e venendo perculati dal servizio clienti. Ecco come 2/n
Molto furbescamente nelle linee @TirreniaIT @GNVtraghetti e altre @TIM_Official attiva di default un servizio di #roaming dati in nave dai costi esorbitanti. In pochi minuti, solo con le app che scaricano in background, pagherete decine di euro. Nel mio caso: 61€. 3/n
Read 10 tweets
Jonathan Kanter is “relentlessly inquisitive,” his former partner Andrew Finch says in introducing him before the annual Handler Lecture for the NYC Bar on #antitrust Image
“Growing up in a middle class neighborhood in Queens I never imagined…I’d be able to be here,” Kanter says, speaking in honor of a luminary like Milton Handler. “It’s in many respects a dream come true.” Image
“Corporate power has grown to levels that leave our fellow citizens concerned and confused,” Kanter says. “Our markets are suffering from a lack of resiliency.”
Read 24 tweets
.@CCI_India has reportedly made a change in its interpretation of the ‘relevant market’, leading to several digital platforms facing #antitrust probes.

1/n
inc42.com/buzz/parliamen…
The development comes at a time when a lot of tech companies are under the antitrust body’s scanner🔍

👉 #Amazon, #Flipkart, #Google, #Zomato, #Swiggy, #Apple and more

@CCI_India @akgupta_cci
2/n
🔎@CCI_India 👉 #Google

The CCI is conducting an investigation against Google for alleged abuse of its dominant position in the online news publishing business. ⏬

inc42.com/buzz/antitrust…
3/n
Read 6 tweets
Gig work companies like Uber and Doordash are committed to misclassifying their workers as contractors, which lets them escape employer obligations like a minimum wage, health care or worker's comp (driving for Uber/Lyft is one of the most dangerous jobs in America). 1/ EFF's Competition banner, depicting a below-the-neck image o
These companies spent $225m to pass California's #Prop22, a ballot initiative that formalized worker misclassification, paving the way for all kinds of companies to convert employees to contractors at the stroke of a pen:

pluralistic.net/2021/01/05/man… 2/
Hilariously, all that money was wasted. Prop 22 was unconstitutional. It usurped the assembly's constitutional duty to establish universal worker's comp. It was (idiotically) drafted such that if any clause was struck the whole thing was invalid.

latimes.com/california/new… 3/
Read 52 tweets
Gig work companies like Uber and Doordash are committed to misclassifying their workers as contractors, which lets them escape employer obligations like a minimum wage, health care or worker's comp (driving for Uber/Lyft is one of the most dangerous jobs in America). 1/ EFF's Competition banner, depicting a below-the-neck image o
These companies spent $225m to pass California's #Prop22, a ballot initiative that formalized worker misclassification, paving the way for all kinds of companies to convert employees to contractors at the stroke of a pen:

pluralistic.net/2021/01/05/man… 2/
Hilariously, all that money was wasted. Prop 22 was unconstitutional. It usurped the assembly's constitutional duty to establish universal worker's comp. It was (idiotically) drafted such that if any clause was struck the whole thing was invalid.

latimes.com/california/new… 3/
Read 7 tweets
Today is #AntitrustDay, and nonprofits, tech companies, and internet users are uniting in calling on Congress to end Big Tech’s abusive monopolies. We can’t restructure our relationship with tech until we have antitrust laws. Contact lawmakers now. antitrustday.org
Check out this banner in the @Yelp app driving calls and emails in support of #AICOA and #OAMA through AntitrustDay.org Image
Read 18 tweets
It's not just Yale Law School. It's all the law schools.

And it's not just in law schools. It's in law firms, courts, and government agencies.

At @bariweiss's Substack, I explore the terrifying takeover of the American legal system.

bariweiss.substack.com/p/the-takeover…
@bariweiss As wokeness continues to cannibalize every cultural power center in the country, many people have told themselves: "at least we have the law on our side." Lawsuits, the thinking goes, can prevent overt racial discrimination and the other excesses of wokeness.
For example, a federal court blocked the the Biden administration from prioritizing minority-owned restaurants for pandemic relief.

But the legal guardrails that once ensured against this sort of tipping of the scales are coming undone. Quickly.
Read 81 tweets
1. Good opportunity to look at the SWIFT network and its many links to the history of technology, EU competition law, EU data protection law, and EU foreign policy, sanctions policy, and strategic autonomy @thomasphi2 @competitionprof #antitrust
2. SWIFT is an interbank messaging system. It was designed in 1973 to replace telex messages for money transfers. SWIFT defines itself as "closest to a telecom or technology company" and "a neutral utility with a global systemic character"
3. SWIFT HQ is located near Brussels (next to Chateau de la Hulpe, for Brussels people) ft.com/content/9f082a… @mikepeeljourno @jimbrunsden
Read 13 tweets
A historical accident made Massachusetts a lab for studying how tech can serve monopolies, and the moves, countermoves and counter-countermoves show how businesses, tinkerers, governments and the public can liberate themselves from seemingly all-powerful monopolists. 1/ A Monopoly board upon which a wheelbarrow token has landed o
If you'd like an unrolled version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2022/02/05/tim… 2/
It all starts with #RightToRepair. Companies love to monopolize the repair of their products. If the only place to get your broken stuff fixed is at its manufacturer's authorized depots, the manufacturer can move all kinds of value from your side of the deal to their own. 3/
Read 92 tweets
What happened yesterday in @EUCourtPress Intel v Commission, T-286/09 RENV? Hot Takes. For antitrust geeks only 1/n
bloomberg.com/news/articles/…
The General Court (GC) was asked for 2nd time to review legality of an EUCommission setting a > €1 Bi fined against chip maker Intel for abuse of dominance. 2/n
When GC looked the 1st time, it gave the EC a satisfecit. The case was appealed to the upper EU Court (CJEU), which appeared more uncertain 3/n
Read 52 tweets
WH just sent a readout of the meetings today on the #antitrust legislation. Readout of Listening Session on Addressing Barriers to Compe
Attendees included:
Deputy CoS Bruce Reed
NEC Director Brian Deese
Mike Molson Hart, Founder, ViaHart
Gabriela Mekler, Founder, Mumi Design
Paul Sanders, Founder, eLuxury
Gina Schaefer, CEO, A Few Cool Hardware Stores
Patrick Spence, CEO, Sonos
Jeremy Stoppelman, CEO, Yelp
WH closed meeting by saying "that the Administration will continue to take all responsible actions within its power to promote competition. They further stated that they look forward to working with Congress to make bipartisan progress on the issue"
Read 4 tweets
📣🚨 New article🚨📣

Do digital #ecosystems render traditional market definition (TMD) obsolete? In our new @EU_ScienceHub empirical WP (bit.ly/3DefTti) we argue that this approach is not obsolete, but needs to be complemented with alternative ones. Here is why 👇🧵
First of all, 𝘄𝗵𝗮𝘁 𝗮𝗿𝗲 𝗲𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺𝘀? “A set of actors with varying degrees of multilateral, 𝘯𝘰𝘯𝘨𝘦𝘯𝘦𝘳𝘪𝘤 complementarities that are not fully hierarchically controlled" (@jacobides, @CarmeloCennamo, & @AnnabelleGawer, 2018, emphasis added). Image
⚠ Vocabulary caveats. In the paper:

a) "nongeneric complementarities in consumption'' = "demand-side linkages"

b) ''traditional market definition'' = ''substitutability approach''
Read 18 tweets
1st paper with @shin10173 published!
‘AI & Antitrust: Reconciling Tensions between Competition Law & Cooperative AI Development’ (Yale Journal of Law & Tech).
We examine 14 forms of cooperation strategies, identify tensions & suggest mitigation steps
yjolt.org/ai-antitrust-r… 🧵
Cooperation between AI companies can help them create systems that are safe, secure & with broadly shared benefits. However the goal of comp law is to protect competition between rival companies. Potential conflicts are significant but currently underexplored. The 14 coop forms:
1 Assist Clause ‘stop competing & start assisting any ‘value-aligned’ company that gets close to AGI’. Agreement & implementation could restrict competition. Don't make agreements with rivals & implement 'assist' in ways that don't restrict output/innovation
Read 13 tweets
Breaking: @JusticeATR is suing to block the merger of Simon & Schuster and Penguin Random House
Be careful what you say in your private correspondence... Complaint excerpt: "There is no reason to accept the ha
Read 5 tweets
POLITICO was one of several news organizations w/ access to internal @Facebook docs that outlined the tech giant’s role in everything from Jan 6 riots to fomenting violence worldwide. We’ve just published our first set of stories.

A thread <<cracks knuckles>>
@Facebook .@JohnHendel delved into how Facebookers weren’t happy w/ how the company had handled things over the years. “We really need to get over our reluctance to stand on the side of truth and reality,” one said in late 2020. politi.co/3mbCeCE
@Facebook @JohnHendel .@Ali_Lev looked at how FB was caught wrong-footed when rioters attacked Capitol Hill. The company was not ready to tackle harmful content that didn’t technically break FB’s rules politi.co/3Cfn0lo
Read 9 tweets
1/ This is a thread on concerns I have with #ESG investing and the role of #markets in a functional, #capitalist #democracy. Warning: it’s long and nothing in here is necessarily original on its own, but I wanted to tie together some thoughts.
2/ At the outset, I want to make clear that the following is my analysis, not my firm’s. If ESG factors matter to you, by all means invest accordingly. I also care about environmental, social and governance issues. My guess is almost everyone does to varying degrees.
3/ Additionally, over the last 5+ years I have invested in firms benefitting from cost declines in renewable power, advised clients to do so and at one point was trying to raise an energy transition fund.
Read 112 tweets
Seeing ongoing difficulty in getting ANYTHING passed through Congress & can’t help but think: none of the digital rulemaking linked to #antitrust, #contentmoderation or, already a long shot, #privacy is going to happen before the midterms, if not the 2024 presidential election
This is frustrating in some many ways (and, tbf, I’m a cynic on US rulemaking anyway). I wonder if @FrancesHaugen’s testimony will change the dynamics, but I doubt it. Digital policymaking and the fight against “Big Tech” is just not a priority
If you can barely pass a budget or an infrastructure bill, is there really an appetite for #ArtificialIntelligence rules or platform regulation? I find that hard to believe, especially as mid-term electioneering is already around the corner
Read 10 tweets
Today, COC is launching our #BreakUpBigTech campaign. With all of the recent @Facebook news, it’s urgent #Congress pass #antitrust reform.

An outage at 1 company shouldn't knock out 3 of the largest social platforms. #BigTech monopolies put economic justice at risk. A thread 🧵
Without #antitrust regulation, #tech giants like @Google, @Facebook, @Amazon, & @Apple allow the civil rights of Black people to be violated. Corporations use surveillance networks that span across the #Internet to collect information about you that's sold to advertisers.
Advertisers run targeted ads & online marketplaces. This #data is used to discriminate against Black users, denying us opportunities for employment or home loans.

#BigTech shouldn’t have so much power that they can choose to ignore hate speech & misinfo continue to make profits.
Read 5 tweets
My wrap on final session of #GoogleHearing.

Google went hard on benefits Android has created, creating platform that spurred competition. It said it has right to promote Android & not rest on its laurels.

EC said: G “gave itself the laurel wreath before race had started”/1
Google said EC had failed to prove preinstallation was anticompetitive because other apps/services could be downloaded easily & accessed through browsers.

EC said G execs knew full well their success rested in “not making its services optional.” /2
Consumers argue that there is a “status quo bias” where users stick with the stuff that comes on the phone.

Google argued previously that there was nothing on behavioural economics in the @EU_Commission #antitrust decision & doubting their value here /3
Read 11 tweets
Last volley from #GoogleHearing today & it was important.

EU judges wanted to know: if we side with Google on one slice of their case does it destroy the whole @EU_Commission #antitrust decision?

Essentially, court is exploring the prospects of a partial @Google win /thread
This was all couched as "hypothetical" by judge Frimodt Nielsen (& I've seen other hearings where this happens) but it shows court is working out consequences of accepting at least parts of @Google appeal.

Why is this a tricky legal?

Well, funny you asked. Let me tell you. /1
Imagine the EC decision is a Greek temple with four pillars.

@EU_Commission says each of the four pillars is an infringement of EU law & the temple overall is a big single overarching infringement. So, there are two strands to its case: the 4 pillars & the temple itself. /2
Read 9 tweets
Most of the Google #antitrust hearing this morning has been about #camembert.

Let me explain.

The court is looking at Google/phonemakers agreements to share revenues from search pre-installed on devices - known as RSAs.

EC thinks these excluded rivals & broke the law/1
Google says these are (a) not exclusive because other services can get on the handset; (b) the RSAs cover such as small slice of the market that they had no exclusionary impact.

So, it comes down to "coverage."

EC says that coverage might be small but it's crucial for rivals/2
They could use that to got a "foothold" on the market &then grown with the booming mobile market to challenge Google.

Danish judge then starts talking about "camembert." He says the RSAs covered a "small slice" of the entire cheese. The rest of the cheese is search on PCs../3
Read 5 tweets
Day 2 is over at #GoogleHearing in EU court.

Final little flurry of questioning went to the issue of Google's search engine being "superior" to rivals, and that was why users liked it. Not because of any #antitrust restriction on Android...as the argument goes.

Thread/1
Google said the @EU_Commission had failed to do a consumer survey & had relied on Play Store ratings, which were "remarkably superficial." EC pointed to internal @Google emails that showed company didn't want to make its tech "optional." German publishers said no rivals could../2
...emerge because they couldn't get on the platform, and therefore couldn't get the data needed to compete.

Judge also seemed interested in position of Chrome browser in the Google ecosystem, implying it was there simply to channel traffic to the search engine. /3
Read 8 tweets
Google kicks off its hearing with a full swipe at EC. Says "closed its eyes" to competitive dynamic between Android and Apple; and EC confused competitive advantage with "anticompetitive foreclosure." Lawyer Meredith Pickford talks up massive "success" of Android #ecj #antitrust
Pickford says EC got the market definition wrong, by excluding Apple. Furthermore, EC didn't look at developers/users, and only looked at OEMs. In fact, Google was a "market disruptor", he claims.
Google now swinging at the MADA: saying EC muddled competition with foreclosure; and failed to account for the ease of downloading. (The world of downloading is different now to when the EC fined Microsoft in 2004)
Read 3 tweets

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