Download or read book Antitrust Laws The Case of Facebook v FTC TOMORROW S WORLD ORDER S PERSPECTIVE written by David Gomadza and published by David Gomadza. This book was released on 2021-01-05 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is an unprecedented challenge to strike the correct balance between regulatory burden and trade facilitation that often result in either vicious cycles or virtuous cycles that determine whether corporations and Trusts will merge and grow bigger to take advantage of the often misunderstood and under-appreciated concept of economies of scale. The antitrust laws had been actively breaking down and enabling Rollback to sizes perceived as manageable and not threats to the governments, the FTC, and the interstates rather than to competition. This has been going on for the past seventy years or even more with little or no progress. We believe mankind is still in the defensive stage of development when we should be in networking and cooperation. Where we use advanced technology to share ideas and develop technologies that will take us out of this defensive stage. The question is this. Are the FTC, the interstate, and the governments doing the right thing in attacking these tech giants? Going after each one of them with a direct pre-planned goal. To interrogate, accuse, rip them off through fines then break them up into smaller sizes " to facilitate competition and provide a free market" at the same time creating value for the consumer?” Then Rollback all to sizes perceived as safe and not threats. Or it is time we all argue that these agencies use the Rule of Reason as we believe that not all corporations or antitrust are evil. Some are good and are the only ones to take us to the next stage of development. Is it not time to let these tech giants lead the way? Do you know that 70 % or more of the most powerful entities in the world are corporations and Trusts? Big enough with vast resources to turn things around for us. Is it not time to let these lead the way? Is it not also time for a new global legal framework? Surely the growth of these has surpassed those at the time the Sherman Act was enacted in 1890 when the Federal Trade Commission and the Department of Justice were tasked to deal with these. Is it not the time for a real global leader to act as a referee between these FTC, interstates, governments, and these corporations? I think it is time for Tomorrow's World Order to guide and act as the overseer. To lead mankind to the next stage of development. Surely, we can’t afford to waste any more time. The context in which these antitrust laws were enacted must be considered. We think it is not only a miscarriage of justice but grossly flawed and a criminal offence on the part of the Federal Trade Commission and its allies to consider that carrying out a SWOT analysis and acting on the results is an anti-competitive tactic. Remember they follow the legal corporations or company’s act. When this tactic is a legally approved method to deal with the issues of the lack of incentives to invest. The need to merge and gain economies of scale to overcome and conquer the vicious cycle and go to the virtuous stages. Corporations do what they do because this is the only way they can go to the next stage. A stage that will see them realise economies of scale and be able to offer the highest quality products at lower prices different from what the FTC and its allies are regarding as benefits. What can be beneficial to the consumers if the products are: okay cheaper. But of poor quality, as compared to what can be achieved? What do you call competition and variety when you refer to small-sized early entry companies most of whom only make a profit to remain in business without any to invest? That makes us ask. What are the real motives of these agencies? Are they milking these tech giants or planning to? Who are the real people or agencies harming the people? Are all these agencies clean or they are the worst competition blockers? Masters of poor service provisions and involved in human-hacking for stealing data secretly and using this to get illegal donations as they pass tips? We know tech giants breach privacy and personal data laws too.
Download or read book Antitrust Laws The Case of Facebook V FTC TOMORROW S WORLD ORDER S PERSPECTIVE written by David Gomadza and published by . This book was released on 2021-01-12 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is an unprecedented challenge to strike the correct balance between regulatory burden and trade facilitation that often result in either vicious cycles or virtuous cycles that determine whether corporations and Trusts will merge and grow bigger to take advantage of the often misunderstood and under-appreciated concept of economies of scale. The antitrust laws had been actively breaking down and enabling Rollback to sizes perceived as manageable and not threats to the governments, the FTC, and the interstates rather than to competition. This has been going on for the past seventy years or even more with little or no progress. We believe mankind is still in the defensive stage of development when we should be in networking and cooperation. Where we use advanced technology to share ideas and develop technologies that will take us out of this defensive stage. The question is this. Are the FTC, the interstate, and the governments doing the right thing in attacking these tech giants? Going after each one of them with a direct preplanned goal. To interrogate, accuse, rip them off through fines then break them up into smaller sizes " to facilitate competition and provide a free market" at the same time creating value for the consumer?" Then Rollback all to sizes perceived as safe and not threats. Or it is time we all argue that these agencies use the Rule of Reason as we believe that not all corporations or antitrust are evil. Some are good and are the only ones to take us to the next stage of development. Is it not time to let these tech giants lead the way? Do you know that 70 % or more of the most powerful entities in the world are corporations and Trusts? Big enough with vast resources to turn things around for us. Is it not time to let these lead the way? Is it not also time for a new global legal framework? Surely the growth of these has surpassed those at the time the Sherman Act was enacted in 1890 when the Federal Trade Commission and the Department of Justice were tasked to deal with these. Is it not the time for a real global leader to act as a referee between these FTC, interstates, governments, and these corporations? I think it is time for Tomorrow's World Order to guide and act as the overseer. To lead mankind to the next stage of development. Surely, we can't afford to waste any more time. The context in which these antitrust laws were enacted must be considered. We think it is not only a miscarriage of justice but grossly flawed and a criminal offense on the part of the Federal Trade Commission and its allies to consider that carrying out a SWOT analysis and acting on the results is an anticompetitive tactic. Remember they follow the legal corporations or company's act. When this tactic is a legally approved method to deal with the issues of the lack of incentives to invest. The need to merge and gain economies of scale to overcome and conquer the vicious cycle and go to the virtuous stages. Corporations do what they do because this is the only way they can go to the next stage. A stage that will see them realize economies of scale and be able to offer the highest quality products at lower prices different from what the FTC and its allies are regarding as benefits. What can be beneficial to the consumers if the products are: okay cheaper. But of poor quality, as compared to what can be achieved? What do you call competition and variety when you refer to small-sized early entry companies most of whom only make a profit to remain in business without any to invest? That makes us ask. What are the real motives of these agencies? Are they milking these tech giants or planning to? Who are the real people or agencies harming the people? Are all these agencies clean or they are the worst competition blockers? Masters of poor service provisions and involved in human-hacking for stealing data secretly and using this to get illegal donations as they pass tips? We know tech giants breach privacy and personal data laws too.
Download or read book The Antitrust Paradox written by Robert Bork and published by . This book was released on 2021-02-22 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.
Download or read book Your Post Has Been Removed written by Frederik Stjernfelt and published by Springer Nature. This book was released on 2019-01-01 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access monograph argues established democratic norms for freedom of expression should be implemented on the internet. Moderating policies of tech companies as Facebook, Twitter and Google have resulted in posts being removed on an industrial scale. While this moderation is often encouraged by governments - on the pretext that terrorism, bullying, pornography, "hate speech" and "fake news" will slowly disappear from the internet - it enables tech companies to censure our society. It is the social media companies who define what is blacklisted in their community standards. And given the dominance of social media in our information society, we run the risk of outsourcing the definition of our principles for discussion in the public domain to private companies. Instead of leaving it to social media companies only to take action, the authors argue democratic institutions should take an active role in moderating criminal content on the internet. To make this possible, tech companies should be analyzed whether they are approaching a monopoly. Antitrust legislation should be applied to bring those monopolies within democratic governmental oversight. Despite being in different stages in their lives, Anne Mette is in the startup phase of her research career, while Frederik is one of the most prolific philosophers in Denmark, the authors found each other in their concern about Free Speech on the internet. The book was originally published in Danish as Dit opslag er blevet fjernet - techgiganter & ytringsfrihed. Praise for 'Your Post has been Removed' "From my perspective both as a politician and as private book collector, this is the most important non-fiction book of the 21st Century. It should be disseminated to all European citizens. The learnings of this book and the use we make of them today are crucial for every man, woman and child on earth. Now and in the future." Jens Rohde, member of the European Parliament for the Alliance of Liberals and Democrats for Europe "This timely book compellingly presents an impressive array of information and analysis about the urgent threats the tech giants pose to the robust freedom of speech and access to information that are essential for individual liberty and democratic self-government. It constructively explores potential strategies for restoring individual control over information flows to and about us. Policymakers worldwide should take heed!" Nadine Strossen, Professor, New York Law School. Author, HATE: Why We Should Resist It with Free Speech, Not Censorship.
Download or read book Configuring the Networked Self written by Julie E. Cohen and published by Yale University Press. This book was released on 2012-01-24 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: The legal and technical rules governing flows of information are out of balance, argues Julie E. Cohen in this original analysis of information law and policy. Flows of cultural and technical information are overly restricted, while flows of personal information often are not restricted at all. The author investigates the institutional forces shaping the emerging information society and the contradictions between those forces and the ways that people use information and information technologies in their everyday lives. She then proposes legal principles to ensure that people have ample room for cultural and material participation as well as greater control over the boundary conditions that govern flows of information to, from, and about them.
Download or read book The Next Digital Decade written by Berin Szoka and published by TechFreedom. This book was released on 2011-06-10 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book At the Nexus of Cybersecurity and Public Policy written by National Research Council and published by National Academies Press. This book was released on 2014-06-16 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: We depend on information and information technology (IT) to make many of our day-to-day tasks easier and more convenient. Computers play key roles in transportation, health care, banking, and energy. Businesses use IT for payroll and accounting, inventory and sales, and research and development. Modern military forces use weapons that are increasingly coordinated through computer-based networks. Cybersecurity is vital to protecting all of these functions. Cyberspace is vulnerable to a broad spectrum of hackers, criminals, terrorists, and state actors. Working in cyberspace, these malevolent actors can steal money, intellectual property, or classified information; impersonate law-abiding parties for their own purposes; damage important data; or deny the availability of normally accessible services. Cybersecurity issues arise because of three factors taken together - the presence of malevolent actors in cyberspace, societal reliance on IT for many important functions, and the presence of vulnerabilities in IT systems. What steps can policy makers take to protect our government, businesses, and the public from those would take advantage of system vulnerabilities? At the Nexus of Cybersecurity and Public Policy offers a wealth of information on practical measures, technical and nontechnical challenges, and potential policy responses. According to this report, cybersecurity is a never-ending battle; threats will evolve as adversaries adopt new tools and techniques to compromise security. Cybersecurity is therefore an ongoing process that needs to evolve as new threats are identified. At the Nexus of Cybersecurity and Public Policy is a call for action to make cybersecurity a public safety priority. For a number of years, the cybersecurity issue has received increasing public attention; however, most policy focus has been on the short-term costs of improving systems. In its explanation of the fundamentals of cybersecurity and the discussion of potential policy responses, this book will be a resource for policy makers, cybersecurity and IT professionals, and anyone who wants to understand threats to cyberspace.
Download or read book The Myth of Capitalism written by Jonathan Tepper and published by John Wiley & Sons. This book was released on 2023-04-25 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high speed Internet, health insurance, medical care, mortgage title insurance, social networks, Internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their pay check to monopolists and oligopolists. The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. The Myth of Capitalism is the story of industrial concentration, but it matters to everyone, because the stakes could not be higher. It tackles the big questions of: why is the US becoming a more unequal society, why is economic growth anemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why are workers losing out.
Download or read book INVESTIGATION of COMPETITION in DIGITAL MARKETS written by United States House of Representatives and published by . This book was released on 2020-10-06 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: Jerrold Nadler, Chairman, Committee on the Judiciary David N. Cicilline, Chairman, Subcommittee on Antitrust, Commercial and Administrative LawIn June 2019 the Committee on the Judiciary initiated a bipartisan investigation into the state of competition online, spearheaded by the Subcommittee on Antitrust, Commercial and Administrative Law. As part of a top-to -bottom review of the market, the Subcommittee examined the dominance of Amazon, Apple, Facebook, and Google, and their business practices to determine how their power affects our economy and our democracy. Additionally, the Subcommittee performed a review of existing antitrust laws, competition policies, and current enforcement levels to assess whether they are adequate to market power and anticompetitive conduct in digital markets. Over the course of our investigation, we collected extensive evidence from these companies aswell as from third parties - totaling nearly 1.3 million documents . We held seven hearings to review the effects of market power online including on the free and diverse press, innovation, and privacy and a final hearing to examine potential solutions to concerns identified during the investigation and to inform this Report's recommendations .
Download or read book Antitrust Law and Economics written by Keith N. Hylton and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this outstanding new book Professor Keith Hylton and his collaborators examine what antitrust law has become over the past ten years, a time in which economic analysis has become its undisputed core. What has become of the old antitrust doctrine, what are the new issues for the immediate future? This book brings together the leading experts to examine this silent revolution at the core of US domestic policy. Mark Grady, UCLA School of Law, US Hylton s Antitrust Law and Economics brings together many of the best authors writing in antitrust today. Their essays range widely, covering proof of agreement under the Sherman Act, group boycotts, monopolization and essential facilities, tying and other vertical restraints, and merger policy. The writing is clear, accessible but still technically sophisticated and comprehensive. This book represents the best in contemporary antitrust scholarship, by authors who understand and are able to communicate the centrality of economic analysis to antitrust. No antitrust lawyer, serious antitrust student, or antitrust economist should be without this book. Herbert Hovenkamp, University of Iowa College of Law, US This comprehensive book provides an extensive overview of the major topics of antitrust law from an economic perspective. Its in-depth treatment and analysis of both the law and economics of antitrust is presented via a collection of interconnected original essays. The contributing authors are among the most influential scholars in antitrust, with a rich diversity of backgrounds. Their entries cover, amongst other issues, predatory pricing, essential facilities, tying, vertical restraints, enforcement, mergers, market power, monopolization standards, and facilitating practices. This well-organized and substantial work will be invaluable to professors of American antitrust law and European competition law, as well as students specializing in competition law. It will also be an important reference for professors and graduate students of economics and business.
Download or read book Exclusionary Practices written by Chiara Fumagalli and published by Cambridge University Press. This book was released on 2018-01-11 with total page 651 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most controversial area in competition policy is that of exclusionary practices, where actions are taken by dominant firms to deter competitors from challenging their market positions. Economists have been struggling to explain such conduct and to guide policy-makers in designing sensible enforcement rules. In this book, authors Chiara Fumagalli, Massimo Motta, and Claudio Calcagno explore predatory pricing, rebates, exclusive dealing, tying, and vertical foreclosure, through a blend of theory and practice. They develop a general framework which builds on and extends existing economic theories, drawing upon case law, discussions of cases and other practical considerations to identify workable criteria that can guide competition authorities to assess exclusionary practices. Along with analyses of policy implications and insights applied to case studies, the book provides practitioners with non-technical discussions of the issues at hand, while guiding economics students with dedicated technical sections with rigorous formal models.
Download or read book The Rate and Direction of Inventive Activity Revisited written by Josh Lerner and published by University of Chicago Press. This book was released on 2012-04-15 with total page 715 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume offers contributions to questions relating to the economics of innovation and technological change. Central to the development of new technologies are institutional environments and among the topics discussed are the roles played by universities and the ways in which the allocation of funds affects innovation.
Download or read book Virtual Competition written by Ariel Ezrachi and published by Harvard University Press. This book was released on 2016-11-14 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A fascinating book about how platform internet companies (Amazon, Facebook, and so on) are changing the norms of economic competition.” —Fast Company Shoppers with a bargain-hunting impulse and internet access can find a universe of products at their fingertips. But is there a dark side to internet commerce? This thought-provoking exposé invites us to explore how sophisticated algorithms and data-crunching are changing the nature of market competition, and not always for the better. Introducing into the policy lexicon terms such as algorithmic collusion, behavioral discrimination, and super-platforms, Ariel Ezrachi and Maurice E. Stucke explore the resulting impact on competition, our democratic ideals, our wallets, and our well-being. “We owe the authors our deep gratitude for anticipating and explaining the consequences of living in a world in which black boxes collude and leave no trails behind. They make it clear that in a world of big data and algorithmic pricing, consumers are outgunned and antitrust laws are outdated, especially in the United States.” —Science “A convincing argument that there can be a darker side to the growth of digital commerce. The replacement of the invisible hand of competition by the digitized hand of internet commerce can give rise to anticompetitive behavior that the competition authorities are ill equipped to deal with.” —Burton G. Malkiel, Wall Street Journal “A convincing case for the need to rethink competition law to cope with algorithmic capitalism’s potential for malfeasance.” —John Naughton, The Observer
Download or read book Big Tech and the Digital Economy written by Nicolas Petit and published by Oxford University Press, USA. This book was released on 2020-07 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book asks a simple question: are the tech giants monopolies? In the current environment of suspicion towards the major technology companies as a result of concerns about their power and influence, it has become commonplace to talk of Google, Facebook, Amazon, Apple, Microsoft, or Netflix as the modern day version of the 19th century trusts. In turn, the tech giants are vilified for a whole range of monopoly harms towards consumers, workers and even the democratic process. In the US and the EU, antitrust, and regulatory reform is on the way. Using economics, business and management science as well legal reasoning, this book offers a new perspective on big tech. It builds a theory of "moligopoly". The theory advances that the tech giants, or at least some of them, coexist both as monopolies and oligopoly firms that compete against each other in an environment of substantial uncertainty and economic dynamism. With this, the book assesses ongoing antitrust and regulatory policy efforts. It demonstrates that it is counterproductive to pursue policies that introduce more rivalry in moligopoly markets subject to technological discontinuities. And that non-economic harms like privacy violations, fake news, or hate speech are difficult issues that belong to the realm of regulation, not antimonopoly remediation.
Download or read book Antitrust Law written by Phillip Areeda and published by . This book was released on 1978 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Antitrust Innovation and Competitiveness written by Thomas M. Jorde and published by . This book was released on 1992 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how the U.S. antitrust laws, especially the Sherman Antitrust Act, have affected the ways in which U.S. corporations can form alliances to compete in world markets. The editors start from the premise that current antitrust laws unwisely restrain innovation by inhibiting desirable pro-competitive communication and cooperation between firms. This results in an impediment to the performance of U.S. firms competing in industries experiencing rapid technological change. Not all of the contributors agree with the editors about the degree to which the antitrust laws do indeed inhibit U.S. industry. Thus, the book represents a variety of views on a topic of increasing importance. Contributors include Phillip Areeda, William J. Baumol, Ann I. Jones, Robert P. Merges, Richard R. Nelson, Janusz A. Ordover, Thomas M. Jorde, Richard Schmalensee, Lawrence A. Sullivan, David M. Teece, Oliver E. Williamson, and Judge Frank H. Easterbrook.
Download or read book Understanding ICT Standardization written by Nizar Abdelkafi and published by . This book was released on 2019-05-23 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: To advance education about ICT standardization, comprehensive and up-to-date teaching materials must be available. With the support of the European Commission, ETSI has developed this textbook to facilitate education on ICT standardization, and to raise the knowledge level of ICT standardization-related topics among lecturers and students in higher education, in particular in the fields of engineering, business administration and law. Readers of this book are not required to have any previous knowledge about standardization. They are introduced firstly to the key concepts of standards and standardization, different elements of the ecosystem and how they interact, as well as the procedures required for the production of standardization documents. Then, readers are taken to the next level by addressing aspects related to standardization such as innovation, strategy, business, and economics. This textbook is an attempt to make ICT standardization accessible and understandable to students. It covers the essentials that are required to get a good overview of the field. The book is organized in chapters that are self-contained, although it would be advantageous to read the book from cover to cover. Each chapter begins with a list of learning objectives and key messages. The text is enriched with examples and case studies from real standardization practice to illustrate the key theoretical concepts. Each chapter also includes a quiz to be used as a self-assessment learning activity. Furthermore, each book chapter includes a glossary and lists of abbreviations and references. Alongside the textbook, we have produced a set of slides that are intended to serve as complementary teaching materials in face-to-face teaching sessions. For all interested parties there is also an electronic version of the textbook as well as the accompanying slides that can be downloaded for free from the ETSI website (www.etsi.org/standardization-education).
