Alissa Cooper and Zander Arnao argue that a lack of competition in social media has allowed dominant platforms to design algorithms to maximize for user engagement without concern for user experience, which may produce feelings of negativity and partisanship among users. The authors further contend that there exist alternative algorithmic designs that optimize for both […]| ProMarket
Mark MacCarthy writes that the case law supports Federal Trade Commission Chair Andrew Ferguson’s charge that collaboration by social media companies on content moderation practices would be anticompetitive collusion. However, the author argues that open and transparent cooperation might actually benefit a troubled internet, and Congress should consider carving out a content-neutral antitrust exemption for platforms in the way it has in the past for broadcast networks.| ProMarket
Media pluralism is a core democratic value in Europe. Upholding it requires that media concentration is scrutinized beyond its impact on competition in the traditional economic formulation. By addressing the challenges posed by dominant media players and fostering a diverse information ecosystem, Europe aims to uphold media plurality as a democratic value and ensure that citizens can engage in informed decision-making. From this angle, the European approach to protecting media pluralism might...| ProMarket
The following is a transcript of Federal Trade Commission Chair Andrew Ferguson's Keynote Address at the 2025 Stigler Center Antitrust and Competition Conference. A transcript of Ferguson's accompanying interview with University of Chicago law professor Eric Posner, and the subsequent audience Q&A, will be published next week.| ProMarket