Competition policy uses economic analysis to enhance our understanding of how firm behavior affects social welfare. Scholars featured on this site consider how technology markets function, and the special issues raised by networks, platforms, interoperability, and bundling by firms like Google, Apple, and Microsoft.
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TAP Blog
Columbia law professor Tim Wu shares expertise from his time as a Senior Advisor with the Federal Trade Commission to explain how the agency approved Facebook’s acquisition of Instagram. Professor Wu proposes unwinding that merger in order to insert competition to help ‘check’ Facebook’s power.
October 15, 2018
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Fact Sheets
In the United States, “antitrust law” refers to the body of State and Federal laws that prohibits unlawful agreements and practices by firms with market power that harm competition. Europe, Asia and Latin America call the governance of market competition “competition law”.
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In this opinion piece written for The Washington Post, Columbia law professor Tim Wu argues that Facebook’s acquisition of Instagram in 2012 never should have been given the okay by antitrust regulators. Professor Wu emphasizes: “It’s not too late to create a meaningful check on the power of Mark Zuckerberg’s company.”
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Featured Article
The authors use a model to suggest which sorts of industrial subsidies encourage growth.
January 7, 2011
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