Big Tech, Dynamic Competition and Antitrust Project
About the Project
The project’s mission is to champion markets and the private enterprise system by articulating the importance of innovation to prosperity. Antitrust must come to favor pioneering firms, no matter how big, so long as they remain pioneering and do not artificially suppress the innovative effort of others.
We look at the impact on issues ranging from mergers to predatory pricing to monopolization. Society will have a better and more nuanced way to understand “Big Tech” when we are done. All activities aim to build a community of scholars, policymakers, and senior leaders and managers to advance greater understanding and application of the project topics.
Featured Presentation
David Teece and Henry Kahwaty, Is the Proposed Digital Markets Act the Cure for Europe’s Platform Ills? (April 12, 2021)
As the Digital Markets Act makes its way through the European Union legislative process and members of the European Parliament prepare to table amendments on the text, the Lisbon Council convened a high-level roundtable on “Competition and Innovation: Why Europe Needs Dynamic Models in Digital Markets – and How Europe Can Build Them.”
Featured Paper
David Teece, “Towards a Dynamic Competition Approach to Big Tech Merger Enforcement: The Facebook-GIPHY Example,” TechREG Chronicle, Competition Policy International (December 2021)
“Competition agencies will need to clear out the clutter of unhelpful and distracting constructs that are the residue of industrial age and neoclassical thinking. Fresh insights and better societal outcomes and a deeper understanding of digital platforms and digital transformation can result.” (p. 2)
Updated: March 7, 2022