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The U.S. federal government has brought major antitrust cases against Microsoft and Google. Regulators likely don’t expect to win either case outright, but the government doesn’t need to win these cases for them to have an impact. For one, an aggressive litigation strategy can provide a...
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Downsizing, outsourcing and decentralization are all symptoms of a fundamental change in corporate structure triggered by the ‘killer applications’ — revolutionary new goods or services — being spawned by the exponential growth potential of information technology. The secret of why they...
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With over a dozen bills pending in both the U.S. and E.U. to "solve" the privacy crisis, perhaps it's time to take a step back and ask some fundamental questions about information management in the age of big data. Why does "private" information evoke visceral policy responses? Is there a...
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This article offers a critical reading of the Federal Communications Commission’s December 23, 2010 Report and Order entitled “Preserving the Open Internet.” In the end, the agency failed to produce any evidence of a need for regulatory intervention to “preserve” this robust ecosystem....
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Some of the most significant transactions singled out recently for intensive federal review involve the communications industry. Unfortunately, communications providers face serious and potentially fatal problems of supply. Radio spectrum -- the chief input and most severe constraint on the...
Persistent link: https://www.econbiz.de/10014164672
Information in digital form transforms from a rivalrous to a non-rivalrous good, with profoundly different and counter-intuitive economic properties. This essay reviews five key features of digital goods: renewability, universality, magnetism, friction-free transfer, and vulnerability....
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