Tied to the Tipping Point? Dislodging Big Tech Monopoly Power

Please join us for this M-RCBG Technology & Regulation hybrid seminar.

Nancy Rose and Jonathan Sallet present ongoing research that explores how the concept of “tipping” in digital markets has shaped competition policy. They ask whether the assumption that “tipped” markets are invulnerable to competition has led enforcement authorities to put too little emphasis on bringing direct competition to bear against Big Tech monopolies in their “core” markets. Is competition policy too accepting of entrenched incumbent power, while focusing mainly on preventing monopoly extension into complementary and adjacent markets?

The answer matters crucially for the creation and enforcement of new sectoral regulation. If a market has permanently tipped, efforts to restore competition there waste enforcement attention and resources. But regulations that restrict enforcers to tools that constrain monopoly extension -- while neglecting policies that lower barriers to entry and expansion in core markets-may entrench current monopolies even where tipping is reversible. Getting the balance wrong weakens protection of both core and adjacent markets from competitive harm.

John Haigh, Director, M-RCBG, will moderate.

This seminar discussion will take place in Wexner 434AB for those with an HUID who wish to attend in person. Others may join us remotely via Zoom. Lunch will be served.

M-RCBG welcomes individuals with disabilities to participate in its programs. To request accommodations or ask questions about access provided, please email mrcbg@hks.harvard.edu.