Research argues antitrust alone cannot curb Big Tech power, calls for corporate and securities law reforms
By
Anik Bhaduri
An everything bagel for the brain. Substantive, layered, well-seasoned.
Summary
Anik Bhaduri's research argues that current antitrust enforcement is insufficient to address Big Tech's economic influence. He contends that their market power derives from privileged positions in financial markets and unique organizational structures. The research recommends complementing antitrust reforms with changes to corporate and securities law to effectively tackle the concentration of private power.
Key quotes
· 3 pulledIn new research, Anik Bhaduri discusses how current antitrust enforcement is insufficient to address the economic influence of Big Tech companies.
He argues that their market power stems from their privileged position on financial markets and their unique organizational structures.
Antitrust reforms should therefore be complemented with reforms to corporate and securities law to effectively address the concentration of private power.
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