Dr. Geoffrey A Manne, Director at Global Economics Group, and Dr. Joshua D. Wright, raise concern that as the tech industry worldwide and particularly in the United States continues to boom, rational economic analysis is tossed aside when considering new antitrust cases. In Google And The Limits Of Antitrust: The Case Against The Case Against Google (Harvard Journal of Law & Public Policy, Vol. 34, No. 1) Dr. Manne and Dr. Wright provide a detailed and thorough economic analysis of the antitrust case brought against Google, which embraces the cautious and evidence-based approach to uncertainty, complexity and dynamic innovation contained within the well-established error-cost framework. They conclude that there is no evidence that Google’s presence has any anticompetitive effects, and that an enforcement action against Google would create a substantial risk of chilling the innovation and competition that is currently providing an immense benefit to consumers.
Google And The Limits Of Antitrust: The Case Against The Case Against Google
By Geoffrey Manne on March 17, 2011