The Economist Quotes Maurice Stucke

In the article, “Price-bots can collude against consumers: Trustbusters might have to fight algorithms with algorithms,” The Economist discusses the book and a recent article by Ariel Ezrachi and the Konkurrenz Group’s Maurice Stucke.  The May 6, 2017 article is available here.

Bloomberg Quotes Maurice Stucke

Lance Lambert, in his April 5th article, “Here’s How They Play Monopoly in America, and Who Wins: Market concentration in the U.S. has reached a three-decade high, while the government has opened fewer antitrust cases,” quotes Maurice Stucke.

“When you have significant economic power, that can bring political power and anti-democratic pressures,” said Maurice Stucke, a law professor at the University of Tennessee and a former Justice Department attorney. “We’re starting to see highly concentrated industries, profits accruing to a handful of firms, and fewer startups. And then you look at the impacts it could have on innovation and wealth inequality.” 

The Obama administration did block several mergers in its second term, stopping mega-deals like Anthem Inc.’s merger with Cigna Corp. Stucke said the federal government needs to crack down harder on mergers, which can contribute to increased market concentration. 

Stucke, who spoke at last week’s conference, said attendees were interested in how President Donald Trump might approach antitrust matters. . . .

The obvious concern, Stucke said, is that Trump will treat monopolies the way his Republican predecessor did. Still, he said, Trump could very well surprise people.

“Everyone says it’s going to be like the Bush administration,” Stucke said. “But I’m looking at Makan, and depending on who he brings in as his deputies, there could be really strong intellectual leadership. I don’t see him as an ideologue wedded to the old economic beliefs.”​

​The article is available here.

Maurice Stucke Participates in ABA Panel Discussion on Big Data

Maurice Stucke spoke at the American Bar Association Section of Antitrust Law’s 65th Spring Meeting in Washington DC.

The panel, titled “Competition and Consumer Law Issues with Customer Profiling,” gave an overview of the consumer protection and antitrust issues of Big Data.

Hill B. Wellford of Morgan Lewis & Bockius LLP moderated the panel, and the other panelists were David L. Meyer, Morrison & Foerster LLP, Thomas B. Pahl, Acting Director, Bureau of Consumer Protection, Federal Trade Commission, and Lydia Parnes, Wilson Sonsini Goodrich & Rosati PC.

Maurice Stucke Speaks at University of Chicago Conference, Is There a Concentration Problem in America?

 The University of Chicago Booth School of Business hosted a three-day conference in March 2017, bringing together academics, regulators, and public intellectuals to discuss one of the most interesting questions of our time: Is there a concentration problem in the United States? The conference cast a wide net, in an attempt to provide a multidisciplinary perspective on the issues.

Maurice participated on the panel, “Is There a Role for Political Antitrust?”

Guy Rolnik, University of Chicago Booth School of Business, moderated the panel. The other speakers were

  • ​Jonathan Baker, Professor of Law, American University, Washington College of Law,
  • Diana Moss, Director, American Antitrust Institute,
  • Zephyr Teachout, Fordham University, and
  • Luigi Zingales, Robert C. McCormack Distinguished Service Professor of Entrepreneurship and Finance, University of Chicago Booth School of Business.

Video

Maurice Stucke Participates in EU High Level Policy Hearing on Building a European Data Economy

The European Political Strategy Centre gathered a select group of leading international experts, including Maurice Stucke, to provide input to the ongoing public consultation on Building a European Data Economy’.

The other speakers were:

  • Ciro Cattuto, Head of Data Science Laboratory, ISI Foundation,
  • Aija Leiponen, Associate Professor, Applied Economics and Management, Cornell University
  • Gerald Spindler, Professor for Civil Law, Commercial and Economic Law, Comparative Law, Multimedia and Telecommunication Law, University of Goettingen,
  • Peter Swire, Huang Professor of Law and Ethics, College of Business Georgia Institute of Technology, and
  • Christiane Wendehorst, Professor of Law, University of Vienna

The hearing was facilitated by Ann Mettler, Head, European Political Strategy Centre, and Mario Mariniello, Digital Adviser to the European Political Strategy Centre.

A full transcript of the event will shortly be available here.

 

Media Quotes Maurice Stucke and Ariel Ezrachi’s Book

On March 16, 2017, EU Commissioner for Competition, Margrethe Vestager made an important speech concerning the potential anticompetitive risks of pricing algorithms. Her speech relied on examples from Maurice Stucke and Ariel Ezrachi’s book, Virtual Competition. ​​Several media outlooks reporting the speech discussed the book’s findings, including Law360

Here