Testimony on 'Competition in Digital Technology Markets: Examining Acquisitions of Nascent or Potential Competitors by Digital Platform' before the Senate Judiciary Committee, Antitrust Subcommittee
- Author(s):
- John M. Yun
- Posted:
- 9-2019
- Law & Economics #:
- 19-30
- Availability:
- Full text (most recent) on SSRN
ABSTRACT:
Is there a problem with large technology firms, or platforms, purchasing nascent competitors and suppressing competition before they can mature into vibrant competitors? Further, if there is a problem, are the current antitrust laws and the enforcement of those laws sufficient to combat the problem? If not, is there a legislative solution? These are all critical questions given that innovation and incentives to innovate are at the heart of all vibrant modern economies. This testimony explores these questions.