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OpenMarket: Patrick Hedger

  • Cautiously Optimistic about Facebook's New Approach to Speech

    October 23, 2019
    It seems increasingly the case that there is a lot more to like about what Facebook CEO Mark Zuckerberg has to say than not. His recent speech at Georgetown University, outlining the company’s general direction when it comes to content moderation, is no exception.
  • In Its Stores, Walmart Behaves the Same Way Amazon Does and No One Cares

    September 18, 2019
    This week, The Wall Street Journal published an exclusive story detailing how Amazon uses its algorithms to prioritize its brands and products that are more profitable for the company. Amid the flurry of antitrust scrutiny and investigations into big tech, this seems like a big deal. Yet outside of big tech, prioritizing your own products and the products that make you the most money is called the basics of staying in business.
  • Lead State in Big Tech Antitrust Suit Misleadingly Inflates Google’s Size

    September 11, 2019
    In The Wall Street Journal today, Texas Attorney General Ken Paxton, who is spearheading a multistate antitrust investigation into Google, made an egregious error.
  • Will T-Mobile/Sprint Merger Increase Prices?

    August 21, 2019
    Lots of things influence prices and, of course, not all are influenced by the same factors. However, the lawsuit filed by several state attorneys general against T-Mobile/Sprint merger explicitly links the number of competitors in wireless market places to lower prices in several places.
  • Leaked White House Executive Order on 'Censorship' Violates Two Basic Constitutional Tenets

    August 9, 2019
    Earlier this week it was reported that the Trump administration was drafting an executive order to combat perceived “censorship” of conservatives on online platforms such as Facebook and Google. Without details, the Competitive Enterprise Institute urged caution since the First Amendment does not empower government to police speech but rather restricts government from limiting or compelling speech.
  • Response to State Lawsuit against T-Mobile/Sprint: Mergers Signal Dynamic Markets

    August 6, 2019
    The end of the first blog post in this series warned that the real result of a successful lawsuit to block the merger of Sprint and T-Mobile would not be a market with four large wireless competitors, but rather one without Sprint or T-Mobile at all. This is because mergers signal a dynamic marketplace that is highly competitive.
  • State Lawsuit against T-Mobile/Sprint Counterproductive for Consumers

    August 6, 2019
    State attorneys general from fourteen states and the District of Columbia have sued to block the merger of mobile phone and Internet service providers T-Mobile and Sprint. The merger was recently green-lit by the Federal Communications Commission (FCC) and eventually the Department of Justice (DOJ), on the condition that certain assets would be spun off to create a new competitor in the wireless market.
  • More to Like in Zuckerberg's Aspen Talk Than Not

    June 27, 2019
    Yesterday at the Aspen Ideas Festival, Facebook CEO Mark Zuckerberg touched on some of the most pressing issues facing his company and big tech as a whole. While his continued calls for government regulation of social media companies and other online services are dismaying, many of the principles Zuckerberg laid out represent exactly why such government intervention is not necessary and likely won’t produce better results.
  • If Facebook and Apple are Feuding, How Are they Monopolies?

    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.
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