Competition — And Competition Policy — In Digital Markets: The House Report

The House Antitrust Subcommittee Report makes clear the weakness not just of competition in the tech sector, but also of competition policy toward the tech sector.  We argue that this is the result of the failure to employ one important tool of antitrust, namely, structural separation.  Economics and experience teach that breaking up such firms is almost surely necessary in order to make the companies focus on serving customers better rather than on handicapping their rivals.  We