Hello, World!
"Antitrust laws don't need updating, big isn't bad and American success should not be punished, argues a new conservative coalition pushing back on Republicans who view antitrust action as the remedy for their grievances with Big Tech." https://t.co/ksBSeiuKV5
As @ITIFdc, @actonline and a coalition of over 30 organizations and individuals explain in a letter to @ChuckGrassley and @SenatorDurbin, AICOA will not only harm innovation at home, but rubberstamp the spread of discriminatory policies like the DMA abroad.
It must be stopped.
The Ninth Circuit would require the judiciary to supervise how one company must structure its relationships with competitors. This is not merely aggressive; it is unprecedented. Our brief underscores how sharply this conflicts with the unanimous #SCOTUS decision in Trinko, authored by Scalia, which made clear that antitrust law imposes no duty to deal with rivals.
"The danger of today’s antitrust strategies against Alphabet, Amazon, and Meta are that they try to create artificial parity at the second tier—by forcing market leaders to share the secrets of their successes with rivals that have so far fallen short." ~ @drj_policy 1/2
Very important issue. We wholeheartedly agree with @SenTedCruz’s statement: “The way to beat China in the AI race is to outrace them in innovation, not saddle AI developers with European-style regulations. Growth and development of new AI technologies will bolster our national security, create new jobs, and stimulate economic growth. This hearing will help us find ways to remove restraints on the AI supply chain and unleash American dominance in machine learning and next-generation computing.”
Great to see @SenTedCruz@SenateCommerce hosting a hearing tomorrow (10 am ET) on fostering U.S competitiveness in the AI race.
More from me on this soon. The hearing with @BradSmi, @sama, and more can be viewed here: https://t.co/5wEkF8BWg6
House Judiciary Chairman Jim Jordan and antitrust subcommittee Chairman Scott Fitzgerald showed visionary leadership today in leading the committee to move all antitrust responsibility to the Department of Justice.
What disingenuous BS from the primary driver of the #EU free speech restricting Digital Services Act who impotenly tried to use it last summer for @elonmusk to cancel interview with new @POTUS . USA drives the #AI and free speech train @ThierryBreton Get on board or get ready to be irrelevant
If you're curious how this report "outlin[es] how artificial intelligence is becoming increasingly monopolized," as described in the press release, well... it doesn't. At all.
There isn't a single drop of evidence of increasing market share of any kind. This is just a list of practices that the authors believe are problematic and a list of government interventions they think should be used.
The list of practices describe include self-preferencing, bundling/tying, partnerships, mergers & acquisitions, limiting interoperability / access to inputs, and exclusive dealing. Every single practice on this list can be indicative of fierce competition. And the AI space is actually fiercely competitive, as is obvious to anyone without a "monopolies everywhere" brainworm.
Maybe this counts as serious analysis for Europe (two of the authors are focused on EU competition policy; the third is a U.S. journalist), but in the U.S. this is hard to interpret as anything except trolling.
Meta deserves praise from conservatives for two important moves this week. In big wins for free speech and genuine equal opportunity, @Meta ended its fact-checking program and its #DEI program. https://t.co/Z1UiAlLlDr
I strongly recommend everyone follow my friend @andashleysays for her discussion on antitrust law and what Trump's appointments in this area plan to do once he takes office.
Check out my discussion with @PaulSteidler re: the excellent Trump admin antitrust appointments, the problems of the Biden admin, Loper Bright and the FTC, and more:
https://t.co/ij6k2IFuKf
Important, timely, and thought-provoking insights from Ashley Baker re: the old and the new at #FTC and DOJ Antitrust per President #Trump nominees, likely policy changes, and the One Agency Act