Search Neutrality: Antitrust As (Bad) Social Policy

Search Neutrality: Antitrust As (Bad) Social Policy

According to the New York Times, Texas attorney general Greg Abbott has launched an antitrust investigation of Google, based on the concept that deviations from “search neutrality” are anticompetitive and unlawful. Texas Attorney General Investigates Google Search | NYTimes.com. The examination involves the fairness of Google search results, a concept called search neutrality. Some companies worry Google […]

Airline Mergers and Oligopoly Pricing

Airline Mergers and Oligopoly Pricing

The airline industry charges lower prices today than a decade ago, despite substantial consolidation and massive, billions-per-year operating losses. As a matter of economics, those facts teach that the market is highly competitive. Some antitrust Neanderthals may disagree, but they are reading from a hymnal that no longer has much spiritual resonance.