Filippo Maria Lancieri
ProMarket
United States
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Past articles by Filippo:
Economic Regulation After George Stigler
George Stigler’s “The Theory of Economic Regulation” has left a lasting impact on the academic and real-world practice of regulatory policy. → Read More
It’s Time for a More Nuanced Approached to Market Definition
Here is what the Ohio vs. American Express decision got right, what it got wrong, and how we can bridge the two. → Read More
“A Loaded Weapon”: Francis Fukuyama on the Political Power of Digital Platforms
In an interview with ProMarket, Francis Fukuyama discusses the political threat posed by digital platforms and why he believes a “middleware” solution would be superior to antitrust remedies. The economic and political power of digital platforms has been the subject of numerous governmental and non-governmental reports in recent years, as dozens of expert panels around … → Read More
How Does the House Antitrust Report on Digital Markets Compare to Others Around the World?
While the House Majority Report on digital platforms, published earlier this month, differs from other analyses both in terms of its structure of analysis and the range of its recommendations, it aligns with previous inquiries’ conclusion that governments need to do more to promote competition in the digital world. In August, Patricia Sakowski and I … → Read More
Contextualizing the Dispute Between Australia, Facebook, and Google
The Australian Competition and Consumer Commission’s draft news media bargaining code for digital platforms has elicited aggressive responses from both Google and Facebook and much online commentary. To properly comprehend the dispute, however, one needs to understand where it came from and what it actually says. The question of how digital markets should be governed … → Read More
Competition in Digital Markets: What Have We Learned So Far?
A new Stigler Center working paper systematically analyzed and summarized 21 reports issued by 17 antitrust authorities and expert panels on the subject of digital platforms and competition. The different reports largely agree that governments need to do more to promote competition in the digital world. However, there are some disagreements on how to do … → Read More
How US Regulators Allowed Google and Facebook to Become Dominant
The UK’s Competition and Markets Authority recently criticized Google and Facebook’s excessive market power. American regulators, on the other hand, have allowed them to consolidate their influence with almost no restrictions, and the Justice Department’s chief antitrust enforcement official has recused himself from the Google investigation because he used to be a Google lobbyist. Editor’s note:… → Read More
How US Regulators Allowed Google and Facebook to Become Dominant
The UK’s Competition and Markets Authority recently criticized Google and Facebook’s excessive market power. American regulators, on the other hand, have allowed them to consolidate their influence with almost no restrictions, and the Justice Department’s chief antitrust enforcement official has recused himself from the Google investigation because he used to be a Google lobbyist. Editor’s note:… → Read More
How to Restore Competition in Digital Advertising Markets and Protect Users
The UK's Competition and Markets Authority wants Google to share click and query data with rivals and to impose interoperability obligations on Facebook. Enforceable codes of conduct on platforms considered as having “Strategic Market Status” will also reduce Facebook's and Google's power. → Read More
How to Restore Competition in Digital Advertising Markets and Protect Users
The UK's Competition and Markets Authority wants Google to share click and query data with rivals and to impose interoperability obligations on Facebook. Enforceable codes of conduct on platforms considered as having “Strategic Market Status” will also reduce Facebook's and Google's power. → Read More
How Google and Facebook Made Digital Advertising Markets Increasingly Opaque to Protect Their Dominance
According to the British Competition and Markets Authority, Google and Facebook made the digital advertising market very opaque in order to protect their dominance. → Read More
How Google and Facebook Made Digital Advertising Markets Increasingly Opaque to Protect Their Dominance
According to the British Competition and Markets Authority, Google and Facebook made the digital advertising market very opaque in order to protect their dominance. → Read More
The Trump Administration Attacks the Stigler Report on Digital Platforms
President Trump’s 2020 Economic Report dismisses the conclusions of the Stigler Report on a purely a priori argument, ignoring all the evidence contained in the report. → Read More
Facebook’s Enduring Control Over Social Media Markets
According to the British Competition and Markets Authority (CMA), Facebook accounts for 75 percent of the UK’s social media market. Over the past 10 years, only three companies succeeded in obtaining at least a 5 percent market share of social media users’ time: Instagram (which Facebook bought), WhatsApp (which Facebook bought) and Snapchat (which Facebook tried and failed to buy). Editor’s… → Read More
Facebook’s Enduring Control Over Social Media Markets
According to the British Competition and Markets Authority (CMA), Facebook accounts for 75 percent of the UK’s social media market. Over the past 10 years, only three companies succeeded in obtaining at least a 5 percent market share of social media users’ time: Instagram (which Facebook bought), WhatsApp (which Facebook bought) and Snapchat (which Facebook tried […] → Read More
The Chicken/Egg Problem With Google Search That Prevents Competition
The UK Antitrust Authority stated that Google controls the UK search market with a 90% market share thanks to barriers to provent competitors to grow. → Read More
How Google and Facebook Control the Digital Advertising Market
According to the UK antitrust authority CMA, Google and Facebook have grown so “large and have such extensive access to data that potential rivals can no longer compete on equal terms” → Read More
How to Regulate Digital Platforms: A Database
Over the past couple of years, many Antitrust authorities commissioned expert groups or released working papers addressing different areas of digital policy. → Read More
Managing the Economic and Social Impact of the Digital Revolution
The four reports that will be presented at the Stigler Center’s Digital Platforms, Markets and Democracy conference offer a compelling case for regulatory action and a very powerful array of solutions. Today and tomorrow (May 15-16), the Stigler Center will host its third annual antitrust and competition conference. Titled “Digital Platforms, Markets and Democracy: A Path Forward,” the… → Read More