Why You Shouldn’t Trust The Big-Tech Trustbusters: Tom Haren
Cleveland.com cites Vice President for Policy Iain Murray on antitrust enforcement:
Ian Murray, a vice president and senior fellow at the Competitive Enterprise Institute, had a terrific op-ed earlier this year in Fortune Magazine that addresses the first point. There, he argued that antitrust enforcement against Facebook and other technology firms “could shut off one of the most important incentives that encourage entrepreneurs to compete and innovate.”
His argument is based on the Innovator’s Dilemma, which is a fancy way of saying that big companies often become disadvantaged in the marketplace precisely because it’s harder for larger companies to be innovative. That’s something that smaller companies are really good at, on the other hand. But, big companies are really good at scaling businesses — something that smaller companies may not be able to do.
