Report says big tech monopoly claims are overblown

In Politics by Michael Rae

Economist Art Laffer recently released a report analyzing three pieces of proposed antitrust legislation making their way through Congress. The study, published by the Committee to Unleash Prosperity, which is led by Laffer, Steve Forbes, and former Donald Trump advisor Stephen Moore, argues that these proposed bills falsely assume a state of entrenched market power in technology while ignoring consumer gains in the form of lower prices and better products.

First, the paper by Art Laffer and John Barrington Burke suggests that monopoly claims against firms like Amazon, Google, Facebook, Netflix, Apple, Amazon, and more could be overblown as measured by