The Supreme Court of Korea’s Oct. 16 decision in the long-awaited NAVER Shopping case delivered a resounding defeat for the Korea Fair Trade Commission (KFTC). In finding that NAVER—a local search-based platform that competes with Google in Korea—had not violated Korean competition law, the court overturned both the KFTC’s January 2021 decision and the December ... Korea’s NAVER Shopping: A Misguided Replica of the EU’s Google Shopping Decision? The post Korea’s NAVER Shopping: ...| Truth on the Market
Brazil’s long-anticipated Bill 4,675/2025, which President Luiz Inácio Lula da Silva’s government submitted last month to Congress, proposes to enact ex-ante regulation for digital markets (I offered an initial assessment here). While presented as a natural evolution of competition law, the proposal would instead alter some foundational aspects of the Brazilian antitrust framework. The measure ... Will Brazil Subtly Sweep Consumer Welfare Under the Rug?| Truth on the Market
Every major technological leap in human history—whether it be the printing press or the automobile or the internet—has been greeted by an uneasy blend of optimism and trepidation. Optimism for the opportunities each new technology offers—for change, evolution, empowerment, and growth. And trepidation that the new equilibrium might upend the established order, destroy jobs, devalue ... India’s Calm in the AI of the Storm The post India’s Calm in the AI of the Storm appeared first on ...| Truth on the Market
The AI Action Plan unveiled in July by President Donald Trump could mark a turning point for U.S. antitrust policy. By directing the Federal Trade Commission (FTC) to prioritize innovation, the plan offers a historic opportunity to lift onerous regulatory burdens, restore measured enforcement, and repudiate the overreaches of former FTC Chair Lina Khan’s regime. ... How the White House’s AI Action Plan Could End Antitrust Overreach The post How the White House’s AI Action Plan Could End...| Truth on the Market
The Brazilian government’s executive branch hosted a political ceremony last week in which it unveiled its “Digital Brazil Agenda,” which proposes six government projects to build a “safer, more competitive, and more innovative digital environment.” The most high-profile of these was the Digital Child and Teenager Act, which would set rules for how social-media platforms ... Brazil’s Digital Markets Bill: A DMA Through the Back Door? The post Brazil’s Digital Markets Bill: A DMA...| Truth on the Market
Brazilian President Luiz Inácio Lula da Silva recently endorsed giving the Administrative Council for Economic Defense (CADE) much more power to regulate Big Tech, even as U.S. President Donald Trump threatens to impose tariffs “on countries whose taxes, legislation and regulations target US big tech companies such as Google, Meta, Amazon and Apple.” Trump’s declaration ... Beyond the Bark: Brazil’s Prudent Path in Digital Regulation The post Beyond the Bark: Brazil’s Prudent Path ...| Truth on the Market