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 Platformsā Self-Preferencing Practices.
The article takes a look at “the two major bills Congress is currently considering that would regulate āself-preferencingā and related conduct by dominant digital platforms. Criticism of these bills is heavily influenced by āSingle Monopoly Profitā theory, which purports to show that such conduct cannot be both anti-competitive and profitable. David J. Balan writes that the theoryās shortcomings limit its validity in general and its application to self-preferencing in particular.”