Life comes at you fast! Andrew Ferguson is the next FTC Chair. Gail Slater is the next AAG for Antitrust. I predict pain for Big Tech. But these appointments are promising for other reasons, too.
The high tech market is the most innovative in the world. The biggest players are big because they are superior at managing large organizations effectively to create new products and services and to distribute them efficiently to customers. (Skills that find no place in the Marshallian theory of the firm). It's unfortunate that our government thinks it's wise to dismantle or restrain these organizations.
In any case, there will be no splitting of goalposts under the Trump administration. Rather, expect to see a lot of scrutiny of companies that Elon Musk would like to be dismantled or restrained.
The high tech market is the most innovative in the world. The biggest players are big because they are superior at managing large organizations effectively to create new products and services and to distribute them efficiently to customers. (Skills that find no place in the Marshallian theory of the firm). It's unfortunate that our government thinks it's wise to dismantle or restrain these organizations.
In any case, there will be no splitting of goalposts under the Trump administration. Rather, expect to see a lot of scrutiny of companies that Elon Musk would like to be dismantled or restrained.