(3 votes, average: 3.67 out of 5)
Loading ...The issue of antitrust concerns is on the rise in the tech industry as Google, Apple, and others are being investigated by U.S. agencies. But, are the claims about these companies valid?
WebProNews spoke with the Honorable James Miller III, a senior advisor with the Husch Blackwell law firm and former director of the U.S. Office of Management & Budget as well as the former chair of the Federal Trade Commission, who appeared on an antitrust panel hosted by the Federalist Society earlier this week. According to him, while some companies may have some legitimate concerns about their competition, the issues need to be approached very carefully in regards fast-paced industries such as the tech space.
Given his past experience with these matters, Miller believes there are cases in which the government needs to step in, but pointed out that antitrust is often a “cheap way” of an attempt at one-upping the competition. In these cases, investigations can be very harmful to companies since their focus is no longer on meeting consumer needs and growing their business.
At this time, America is a leader in the tech space. However, Miller fears that, with so much pending regulation, innovation and creativity from American companies could suffer, if these matters persist.
Is antitrust enforcement taking a toll on American companies? What do you think?
I’ll agree in the most part, however Anti-trust used equally should be employed. The comparison of MS to Apple today however is missing the point. Apple today is where MS was back in the 90′s yt they seem to be given a free hall pass. If you look at their market or their position in their target markets they are clearly more of a monopoly and more abusive of that than Microsoft ever was.
Antitrust regulation is intended to prevent unfair competitive advantage, not to gain it as suggested here. The speaker in this clip sounds as if he was sent by big corporations with near-monopolies to present their side of the issue.
Regulation is not intrinsically bad or good. It does need to be used properly. But current attempts by some politicians to brand all regulation as bad is only a reflection of who they answer to at the end of the day – big businesses that would rather have no rules to follow. Proper regulation is often the only protection regular people who have against companies that value their own bottom line far more than the well-being of the general public.
While the interviewer did a good job of getting James Miller III’s position on this issue, it would have been much better if she had tough questions for him rather than quotes from Heritage Foundation research that has no intent to be evenhanded on any issue.
Believe me if Google has decided to ‘Kill your business’ or ‘ignore’your company/website, then this is the only protection you can get.