A conversation about the history of antitrust law, the consumer welfare standard, and the tech giants.

Facebook, Amazon, Apple, Netflix, and Google provide extremely valuable products and services, but their size, market share, and other concerns such as user privacy have led to concerns that they are wielding too much power.

Proponents of “populist” or “hipster” antitrust advocate for limiting the size of firms. This would require changing the Consumer Welfare Standard, which has been in place since the 1970’s.

Mark Zuckerburg’s testimony before Congress in April 2018 ignited a public debate about whether and how tech companies should be regulated. That debate continues and shows no signs of resolution.

Is it time to revisit the standards used in antitrust law? Our experts explore.

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As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speaker.

Related links:
Robert H. Bork, The Antitrust Paradox
https://www.amazon.com/Antitrust-Paradox-Robert-H-Bork/dp/0029044561

Antitrust Was Defined By Robert Bork I Cannot Overstate His Influence https://www.washingtonpost.com/news/wonk/wp/2012/12/20/antitrust-was-defined-by-robert-bork-i-cannot-overstate-his-influence/

https://www.bloomberg.com/news/articles/2018-09-19/with-amazon-probe-eu-takes-cue-from-hipster-antitrust

https://www.bloomberg.com/news/articles/2018-09-13/antitrust-cops-look-to-retool-as-washington-flays-big-tech-firms

https://www.independent.co.uk/voices/tech-regulation-privacy-data-google-facebook-europe-a8837081.html

https://thehill.com/policy/technology/417383-most-now-say-government-wont-do-enough-to-regulate-big-tech-firms-poll

https://www.bloomberg.com/news/articles/2018-12-10/in-u-s-many-complaints-about-big-tech-little-action-quicktake

https://newrepublic.com/article/152640/big-techs-reckoning-may-imminent

Google has once again come under the scanner of Justice Department in the US as it is suing the tech giant for allegedly monopolising the online advertising space.

#google #us #worldnews

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An in depth look at the significant antitrust developments in the last few months. With Kelly Born, affiliate at Stanford’s Cyber Policy Center and Director of the Cyber Initiative at the Hewlett Foundation in conversation with Dina Srinivasan from Yale Law School, Sandeep Vaheesan, legal director at the Open Markets Institute and former Regulations Counsel at the Consumer Financial Protection Bureau, and Mark Lemley of Stanford Law School

Recorded March 25 at 11 am Pacific Time.

Apple co-founder Steve Wozniak joins “CNN This Morning” to discuss the impacts of artificial intelligence. #CNN #News