Applying Antitrust in Digital Markets
46 Pages Posted: 29 Jul 2019 Last revised: 9 Sep 2019
Date Written: August 7, 2019
This paper analyzes the conflicts that arise when trying to apply traditional antitrust principles in the context of digital markets. The size and influence of successful digital companies has fueled a populist antitrust movement that views itself as a return to seminal and successful antitrust ideals. This paper answers the populist theories and recitation of history, examines the deficiencies of current antitrust regulations, and suggests that economic studies of monopoly should return to its roots and directly address features that create it. These power-creating features are non-economic restrictions on the flow of the resources that empower competition for creating consumer value.
Keywords: antitrust, monopoly, regulation, information technology
JEL Classification: K21, L40, L50
Suggested Citation: Suggested Citation