This European survey examines (a) US antitrust investigations of the dominant firms in artificial intelligence are warranted by the need to foster competition and innovation in the technologies; b) Seeking to slow the pace of artificial intelligence use and implementation would be a more effective means of assessing potential harms from the technologies than market deployment and ex post assessment
Keyword: antitrust
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This US survey examines: (a) Antitrust investigations of the dominant firms in artificial intelligence are likely to lead to substantially lower prices of AI products and services for businesses and consumers; (b) Antitrust investigations of the dominant firms in artificial intelligence are likely to promote greater competition and innovation in AI; (c) Potential harms from artificial intelligence are better assessed by market deployment rather than seeking to slow the pace of AI research and implementation
This US survey examines: The FTC is opposed to Kroger’s proposed acquisition of Albertsons. Critics argue that with sufficient divestitures, the deal would be consistent with past FTC policies; (a) Kroger’s proposed acquisition of Albertsons would lead to substantially higher grocery prices and/or lower product quality/services for their customers (b) Kroger’s proposed acquisition of Albertsons would have a substantially negative effect on the two companies’ workers; (c) The public interest would be better served if antitrust policy were changed so that when a proposed merger means a market will reach a certain level of concentration, the onus is on the merging parties to show that consumers and workers will not be harmed.
This European survey examines (a) Constraints on the anti-competitive behavior of dominant firms in the digital economy can in principle be effectively implemented using the existing tools of competition policy and antitrust enforcement; (b) The effectiveness of existing antitrust regimes in constraining anti-competitive behavior is substantially limited by the inadequacy of the resources available to competition and regulatory agencies relative to the dominant firms of the digital economy; (c) Constraints on the anti-competitive behavior of dominant firms in the digital economy would be more effectively implemented than at present with ex-ante regulation such as Europe's Digital Markets Act and other forms of public utility regulation. Details on Digital Markets Act here: https://digital-markets-act.ec.europa.eu/index_en
This US survey examines (a) Constraints on the anti-competitive behavior of dominant firms in the digital economy can in principle be effectively implemented using the existing tools of competition policy and antitrust enforcement; (b) The effectiveness of existing antitrust regimes in constraining anti-competitive behavior is substantially limited by the inadequacy of the resources available to competition and regulatory agencies relative to the dominant firms of the digital economy; (c) Constraints on the anti-competitive behavior of dominant firms in the digital economy would be more effectively implemented than at present with ex-ante regulation such as Europe's Digital Markets Act and other forms of public utility regulation. Details on Digital Markets Act here: https://digital-markets-act.ec.europa.eu/index_en
This week's US Economic Experts Panel statements:
A) Industry consolidation and weaker competition in the United States meaningfully constrain innovation and wage growth.
B) Americans pay too much for broadband, cable television, and telecommunications services, in part because of a lack of adequate competition.
Compare yourself or your peers to the Clark Center Economics Experts Panel
