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March 28, 2024

Why the United States and EU Should Seize the Moment to Cooperate on Cybersecurity Labeling for IoT Devices

The United States and European Union should work through the Trade and Technology Council to align their respective cybersecurity labeling programs for the Internet of Things rather than allowing IoT security to become another technical barrier to trade and technology cooperation.

March 27, 2024

Lina Khan’s Defective Critique of Boeing as “National Champion”

The chair of the Federal Trade Commission, Lina Khan, is using the crisis facing aerospace giant Boeing to press her case that “national champions” invariably behave badly because they are protected from competition. It is disappointing that Khan’s critique of Boeing reflects so little sectoral expertise and understanding of markets.

March 27, 2024

Why Labor Monopsony Shouldn’t Be Included in Merger Guidelines

Monopoly power is not the main explanation for changes in workers’ earnings after a merger or acquisition, and including labor monopsony power in the updated Merger Guidelines will not only disincentivize greater consolidation but will also harm consumers. The FTC and DOJ should ignore the guideline on labor monopsony when reviewing mergers.

March 27, 2024

What You Need to Know as the DMA Goes Live

The EU’s Digital Markets Act (DMA) is attempting to chip away at the alleged dominance of the so-called tech giants, but not for the better.

March 26, 2024

Warner-Blackburn Bill to Maintain US Leadership in Technical Standards Is Well-Intentioned, But Needs Fixing and Funding

On February 29, 2024, Senators Warner and Blackburn introduced the “Promoting United States Leadership in Standards Act of 2024.” The bill is well-intentioned, but it needs key changes if it’s to be effective in helping the United States retain its leading role in setting technical standards for CETs.

March 25, 2024

Letter to Federal Communications Commission Regarding Safeguarding and Securing the Open Internet

The Federal Communications Commission’s proposal proceeding to reclassify broadband Internet access service as a Title II common carrier service endangers the success of the U.S. broadband ecosystem and the long-term benefits of connectivity to all Americans.

March 25, 2024

No, Market Leaders Are Not Driving Declines in Innovation and Economic Dynamism

A report by the Economic Innovation Group (EIG) concludes that declining knowledge diffusion is the underlying cause of declining business dynamism. However, its theoretical model is based on flawed assumptions, while its mathematical model has methodological issues.

March 25, 2024

Fact of the Week: Manufacturing Firms That Adopt Robots Export More Often Than Non-Adopters

A recent working paper found that not only are manufacturers that adopt robots more likely than non-adopters to export, they also export to more regions.

March 25, 2024

What’s Next After the Two Sessions for AI in China

A look at the proposals put forth during China's major annual political convening give hints as to what the government may focus on in the year ahead, which includes AI model development, data sharing, skills development, and safety.

March 22, 2024

US v. Google: Why Behavioral Economics Fails to Capture the Realities of Competition

The DOJ's recent antitrust lawsuit against Google has brought renewed attention to the role of behavioral economics in antitrust law.

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