Big Tech: The Companies That Own the Starting Point
None of these companies owns most of what it sells. They own the place people begin — and that turned out to be the most valuable position in the economy.
Topic
Regulation
Regulation: Rules Can Only Describe What Already Happened
A rule needs a harm that is noticed, documented, understood, and politically salient. All four take years, while products change in months — and that gap explains most of the field.
Antitrust: The Test Was Built for Prices That Never Rose
A century of competition law detects monopoly by watching consumer prices. When the service is free, the test finds nothing — and the power sits somewhere it was never designed to look.
Hello, galatbaat
First post on the new blog.