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
The laws that set the ground rules prohibiting firms from engaging in anti-competitive practices are usually called “antitrust laws” in the United States, and “competition laws” in Europe and other regions. These laws differ among nations, and each country enforces its laws independently.
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Quote
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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