November 30, 2022
Read Managing Director David Balan’s ProMarket Article.
Read Managing Director David Balan‘s article for ProMarket: Too Many Economists Are Using a Flawed Theory To Defend Dominant Platforms’ Self-Preferencing Practices.
The article takes a look at “the two major bills Congress is currently considering that would regulate “self-preferencing” and related conduct by dominant digital platforms. Criticism of these bills is heavily influenced by “Single Monopoly Profit” theory, which purports to show that such conduct cannot be both anti-competitive and profitable. David J. Balan writes that the theory’s shortcomings limit its validity in general and its application to self-preferencing in particular.”