June 25, 2019
An article in today’s Wall Street Journal recapped a recent war-of-words between a European Facebook executive, Nick Clegg, and Apple CEO Tim Cook. At issue is the differing revenue models of the companies. Apple sells devices and subscription-based services. Facebook of course does not charge for the services it provides users and instead relies on advertising revenue.
June 17, 2019
It is becoming increasingly apparent that financial technology, or “fintech,” like other forms of technology, can drastically improve consumers’ lives. Yet one of the most glaring failures of the Consumer Financial Protection Bureau has been its neglect of the role of financial innovation.
June 12, 2019
Yesterday’s filing by ten state attorneys general to block the proposed merger of wireless carriers T-Mobile and Sprint is the latest threat to the innovations American consumers deserve and that the unfettered marketplace is striving to deliver—if only government regulators will stay out of the way.
May 28, 2019
The Senate Commerce Committee plans to hold a hearing on the state of the media marketplace on June 5 and the debate around reauthorizing The Satellite Television Extension and Localization Act Reauthorization (STELAR) will likely be on the agenda. STELAR is set to expire at the end of this calendar year and Congress should let it.
May 22, 2019
The ability of citizens to communicate privately and to retain anonymity if desired are foundational rights slipping away in the regulatory panopticon of the administrative state.
May 20, 2019
Today the Federal Communications Commission signaled it will likely vote to approve the merger of Sprint and T-Mobile.
May 16, 2019
My colleague Wayne Crews has already slammed the White House for a first step towards government regulation of online speech in its “tech bias” complaints portal. It is interesting that the administration has followed the model of the problematic Consumer Financial Protection Bureau in simply collecting complaints as proof of problems with the industry concerned.
May 9, 2019
Facebook co-founder Chris Hughes, former publisher of The New Republic, argues in a long essay for The New York Times that the company should be broken up and regulated, and indeed that this would be the “American” thing to do.
May 7, 2019
Facebook’s expulsion of several controversial figures from its platform last week is an example of a company managing its own private property to what it believes are the best ends. But Facebook CEO Mark Zuckerberg threatens to undermine Facebook’s property rights if governments heed his call for replacing these private judgment calls with national and global government diktats determining what is and is not acceptable speech.
April 12, 2019
At a time when big tech companies are being attacked over bigness, privacy, elections, and the ordering of their news feeds, the Charles Koch Institute has some good news. While we all have plenty of complaints, Americans also have a lot of good things to say about the platforms, websites, and apps that they use every day.