Legal Scholar Tim Wu Says The US Must Enforce Antitrust Laws

from Wired LAST WEEK, PRESIDENTIAL candidate Senator Elizabeth Warren (D-Massachusetts) announced an ambitious plan to break up big tech companies like Google, Facebook, and Amazon and block them from selling their own products on their platforms. Warren called out Facebook’s acquisitions of Instagram and WhatsApp and Google’s acquisition of online advertising giant DoubleClick as examples of the deals she’d like to see reversed. But why were these companies allowed to grow so big—and these purchases allowed—in the first place? In his book, The Curse of Bigness: Antitrust in the New Gilded Age, published in November, legal scholar Tim Wu explains […]

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The Tyranny of Convenience

from NYTs Convenience is the most underestimated and least understood force in the world today. As a driver of human decisions, it may not offer the illicit thrill of Freud’s unconscious sexual desires or the mathematical elegance of the economist’s incentives. Convenience is boring. But boring is not the same thing as trivial. In the developed nations of the 21st century, convenience — that is, more efficient and easier ways of doing personal tasks — has emerged as perhaps the most powerful force shaping our individual lives and our economies. This is particularly true in America, where, despite all the […]

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