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pierredv : competition   23

Ranking the U.S. Economy:  “New Normal” or Room for Improvement? | Global Policy Watch Jun 2019
"Recent reports find that 70 percent of all U.S. wealth is held by the top 10% of the population"

"the IMD Competitiveness Center reports that the U.S. has fallen from the first to the world’s third most competitive economy by its account, behind Singapore and Hong Kong."

"In the Heritage Foundation’s Index of Economic Freedom, the U.S. is currently ranked 12th, and is characterized as “mostly free,” in part because trade freedom and fiscal health have measurably declined. "

"the U.S. is ranked eighth overall on the World Bank’s 2019 “Ease of Doing Business” indicators."

"the United States comes in 6th in the Global Innovation Index,"

"The U.S. ranked 23rd on PISA’s overall averages of math, science and reading scores in PISA’s most recent 2015 assessment. China ranked 10th."

... more, omitted

"What does come to light is that the United States has plenty of scope to improve its economic and social performance."
Covington  rankings  economics  US  competition  competitiveness  innovation 
june 2019 by pierredv
Unlocking digital competition, Report of the Digital Competition Expert Panel - GOV.UK March 2019
"An independent report on the state of competition in digital markets, with proposals to boost competition and innovation for the benefit of consumers and businesses. "

pdf: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/785547/unlocking_digital_competition_furman_review_web.pdf

Details

This is the final report of the Digital Competition Expert Panel. Appointed by the Chancellor in 2018, and chaired by former Chief Economist to President Obama, Professor Jason Furman, the Panel makes recommendations for changes to the UK’s competition framework that are needed to face the economic challenges posed by digital markets, in the UK and internationally. Their report recommends updating the rules governing merger and antitrust enforcement, as well as proposing a bold set of pro-competition measures to open up digital markets.
competition  UK  Internet  antitrust 
april 2019 by pierredv
LEFT FOR DEAD: ANTI‐COMPETITIVE BEHAVIOR IN ORBITAL SPACE - Adilov - - Economic Inquiry - Wiley Online Library
Abstract

In a dynamic investment framework with depreciation, we show incumbent satellite operators have incentives to “warehouse” a fraction of their assigned spectrum and orbital slots, keeping nonoperational assets in place, which reduces output, increases prices, and diminishes social welfare. Exploring three distinct market structures, we model firms' incentives to warehouse, and show conditions under which firms choose to warehouse rather than replace nonfunctioning satellites. We find a dominant firm with a competitive fringe produces more and longer duration warehousing relative to perfect competition or monopoly. Regulators could remediate warehousing by increasing a firm's marginal costs, or by increasing the probability of reallocating orbital slots that do not have a fully functioning satellite. (JEL L9, L5)
space  competition  economics 
april 2019 by pierredv
Consumers can ‘pay’ for better broadband with higher prices or reduced choice - analysys mason Oct 2018
"Consumers can ‘pay’ for better broadband with higher prices or reduced choice"

“Investment, regulation and competition investigations are shifting to focus on full-fibre broadband networks, but consumer revenue is what is needed to pay for fibre”

"Consumer revenue is the essential part of the business case for FTTP/B networks ... the full-fibre take-up in Western European countries with a relatively high spend on broadband services has increased significantly"

"(De)regulation and relaxation of competition/merger rules may support higher prices and reduce the intensity of price competition, but can this revenue be used to benefit fibre network investment?"
AnalysysMason  broadband  competition  antitrust 
october 2018 by pierredv
Army turns to artificial intelligence to counter electronic attacks - SpaceNews.com aug 2018
"A team of eight engineers from Aerospace Corp. won a $100,000 Army prize by correctly detecting and classifying the greatest number of radio frequency signals using a combination of signal processing and artificial intelligence algorithms"
SpaceNews  AI  ML  spectrum  USArmy  competition  signal-classification 
august 2018 by pierredv
4 To 3 Wireless Mergers Doubled Relative Prices: Rewheel - Apr 2018
"Pal Zarandy at Rewheel offers four years of data comparing 8 European companies. I believe at least 10-15% relative increase is highly likely.

His conclusion: Gigabyte prices in 4 to 3 consolidated German and Austrian markets have fallen considerably behind the Netherlands and other 4-MNO European markets. "

"But on the difference between 3 & 4 networks, there simply isn't enough available data to "prove" anything to a statistician."
Dave-Burstein  cellular  competition  economics 
may 2018 by pierredv
Should the Leading Online Tech Companies Be Regulated as Public Utilities? - Lawfare
"Should the leading online tech companies be regulated as public utilities?  Maybe so, according to White House advisor Steve Bannon. His basic argument, according to The Intercept, “is that Facebook and Google have become effectively a necessity in contemporary life.” Thus far, the tech sector and Washington think-tank crowd have not grappled with that possibility in much depth, if at all. This post will provide a look at some reasons that leading tech companies today resemble sectors traditionally subjected to public utility regulation, and then consider some strong critiques of such a regulatory approach."
law  competition  Peter-Swire  Google  Facebook  Lawfare 
august 2017 by pierredv
Free exchange: William Baumol, a great economist, died on May 4th | The Economist
"He helped move economics beyond the narrow ideal of perfect competition by introducing the idea of contestable markets, in which competitive pressure comes from the worry that rivals will swoop in to vie for a market if incumbents are anything other than ruthlessly efficient. Perfectly contestable markets should be just as efficient as perfectly competitive ones, even if only a handful of firms dominate a business."

"Yet Mr Baumol will be remembered best for his cost disease."

"The analysis bore relevance outside the arts, he quickly realised. Technological progress in some industries implies that in services with relatively low rates of productivity growth—like health care, education and government—swelling costs will outstrip growth in productivity. Costlier public services are a necessary side-effect of long-run growth."

"Cost disease also provides a vision of a world of large-scale automation. As machines become better at doing things, the human role in generating faster productivity growth will converge towards zero. At that point, so long as society expects everyone to work, all spending in the economy will go towards services for which it is crucial that productivity not grow, in order to provide jobs for everyone. Society could seemingly be both characterised by technological abundance and paralysed by cost disease."
TheEconomist  obituary  economics  history  profile  people  biography  competition  automation 
june 2017 by pierredv
Announcing the Winners of the Student Case Study Writing Competition on Innovative Multistakeholder Governance Groups | Berkman Center
March 8, 2016

The Berkman Center for Internet & Society is proud to announce the winners of our Student Case Study Writing Competition on Innovative Multistakeholder Governance Groups.
Berkman  Harvard  multi-stakeholder  competition 
may 2016 by pierredv
Meerkats Mysteriously Know to Outgrow Rivals – Phenomena: Not Exactly Rocket Science
Via Jacques de Vries
"Meerkats are icons of cooperation. These mask-eyed mongooses, so beloved of natural history documentaries, live in colonies of up to 50 that groom each other, keep watch for predators, fend off invading snakes, and babysit each other’s young.
"But their societies are also marked by competition and inequality. In any colony, almost all the sex takes place between one pair of dominant individuals. Their rank, as well as that of all their subordinates, is determined by their age and weight. Females either wait for the dominant matriarch to die or try to displace her, whereupon the next oldest and heaviest individual takes her spot. Males try to displace the heads of other groups, but the result is the same: The biggest challenger takes over from the deposed."
meerkats  NationalGeographic  competition  cooperation 
may 2016 by pierredv
Business in America: Too much of a good thing - Economist, Briefing Apr 2016
"Profits are too high. America needs a giant dose of competition"
Their prescription: "It would aim to unleash a burst of competition to shake up the comfortable incumbents of America Inc. It would involve a serious effort to remove the red tape and occupational-licensing schemes that strangle small businesses and deter new entrants. It would examine a loosening of the rules that give too much protection to some intellectual-property rights. It would involve more active, albeit cruder, antitrust actions. It would start a more serious conversation about whether it makes sense to have most of the country’s data in the hands of a few very large firms. It would revisit the entire issue of corporate lobbying, which has become a key mechanism by which incumbent firms protect themselves."
TheEconomist  usa  commerce  competition 
april 2016 by pierredv
Business in America: The problem with profits - Economist, Leader, Apr 2016
"Big firms in the United States have never had it so good. Time for more competition"
“Most of the remedies dangled by politicians to solve America’s economic woes would make things worse. ... Better to unleash a wave of competition. The first step is to take aim at cosseted incumbents. Modernising the antitrust apparatus would help. Mergers that lead to high market share and too much pricing power still need to be policed. But firms can extract rents in many ways.… The second step is to make life easier for startups and small firms.”
TheEconomist  usa  competition  commerce  opinion 
april 2016 by pierredv
Guest Post on Patent Pools and Competition | Patently-O Editorial DAvid Balto, Brendan Coffman
"Patent pools pose a unique challenge to antitrust enforcement. On the one hand they solve collective action problems and allow participants to achieve economies of scale that would otherwise be impossible. Patent pools enable market participants to join complementary intellectual property to better manage those IP rights. As the Department of Justice noted, patent pools may “provide competitive benefits by integrating complementary technologies, reducing transaction costs, clearing blocking positions, and avoiding costly infringement litigation.” On the other hand, patent pools can create competitive problems by conferring market power on a group (in the case of member-owned patent pools) or entity (in the case of stand-alone patent pools). Thus, the antitrust enforcement agencies have always been concerned if the pools are over-inclusive and include competing technologies. "
opinion  editorial  patent-pools  antitrust  competition 
july 2014 by pierredv
Does network sharing conflict with competition? — PolicyTracker: the spectrum management newsletter
Opinion piece by Colin Long, Bird & Bird "So far regulators think the positives outweigh the negatives. But will that change in the era of cognitive radio?"
competition  regulation  PolicyTracker  networks  sharing 
november 2012 by pierredv
Is There Something To Be Done About Broadband Competition? - Hal Singer, Forbes Oct 2012
"Two dominant schools of thought have emerged in the broadband policy arena. The first, represented by the views of Susan Crawford, a visiting professor at Harvard Law School, is that there is not enough competition to cable modem service and thus government must intervene to prevent a likely abuse of market power. A second camp believes that there is no basis for proactive policies designed to increase the number of broadband providers, even in local markets served by a single provider. The high margins enjoyed by the first provider, they claim, rewards risk-taking behavior and will induce further entry.

A third perspective gaining some traction and to which I and hopefully a few others subscribe posits that there is still a limited role for policy so long as improving consumer welfare is the objective. "
opinion  x:forbes  netneutrality  competition  broadband 
october 2012 by pierredv
EE keeps quiet about LTE 1800 launch as competitors fume — PolicyTracker: the spectrum management newsletter
UK regulator Ofcom’s decision to let Everything Everywhere (EE) refarm its 1800 MHz spectrum and use it for LTE has predictably enraged its competitors. EE’s sale of 2 x 15 MHz of spectrum to Hutchison’s Three network has also gone down badly with Vodafone and O2.
UK  PolicyTracker  Ofcom  LTE  cellular  competition 
august 2012 by pierredv
Wireless Competition Under Spectrum Exhaust (CliffsNotes Edition)… - @lawandeconomics George Ford
"We cannot and do not reach conclusions about how many competitors is the right number under existing market conditions. What we do demonstrate is this: if it is true that there is spectrum exhaust, then the argument that more competitors leads to lower prices is not true. In fact, it is more likely the case that lower industry concentration leads to higher prices."
spectrum  economics  competition  auctions 
february 2012 by pierredv
Lead Bullets | TechCrunch - Ben Horowitz
"There comes a time in every company’s life when it must fight for its life. If you find yourself running when you should be fighting, you need to ask yourself: “If our company isn’t good enough to win, then do we need to exist at all?”"
stories  commerce  innovation  competition  microsoft  TechCrunch 
october 2011 by pierredv

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