Critics say EU's antitrust actions against tech companies have done little to restore competitive balance and US regulators need to learn from EU's mistakes
“If the American authorities learn from Europe's experience, they have a big opportunity” to restore competition, said a co-founder of Foundem, a price comparison website that filed the original complaint against Google in 2009. https://www.nytimes.com/...
If your takeaway from this piece is that (1) antitrust investigations are hard when they involve one of the most powerful companies in history, (2) EU was ahead of US on enforcement and (3) Brussels can't do it alone and US needs to step up then yes, I agree. https://twitter.com/…
How effective is antitrust regulation? In Europe, which led the way in reining in Big Tech, it has not been particularly productive. There's a lesson there for U.S. regulators. @satariano https://www.nytimes.com/...
A post-mortem of Google Shopping. “Tommaso Valletti said criticism of European regulation was unfair. American authorities allowed the companies to grow unimpeded for years. Fixing the problems would take more than antitrust enforcement from Brussels.” https://www.nytimes.com/...
The European Union get credit as a tough enforcer on tech giants. But critics say the penalties have focused on headline-grabbing fines rather than structural changes that would restore competitive balance. https://www.nytimes.com/...