Big Tech: Antitrust Paradox or Solvable?
Location
Statesboro Campus (Room 2048)
Document Type and Release Option
Thesis Presentation (Open Access)
Faculty Mentor
Dr. Maureen Stobb
Faculty Mentor Email
mstobb@georgiasouthern.edu
Presentation Year
2022
Start Date
16-11-2022 6:00 PM
End Date
16-11-2022 7:00 PM
Description
From sending emails, to online ordering, or simply watching Netflix at home, Big Tech has invaded almost every aspect of our modern twenty-first century lives. As technology brought innovation and convenience, it also brought upon a legal regulatory challenge for federal systems, such as the United States (US) and the European Union (EU). In this thesis, I will use comparative analysis in the cases of antitrust law in the United States and European Union competition law. Then, I investigate if regulation actually accomplishes its mission – protecting consumer welfare. The consumer welfare standard has been used in both the US and the EU since 1970’s. However, there is a lack of empirical evidence to show how lower or higher regulation affects consumer welfare and how consumers feel about their own welfare. In this thesis, I want to fill the gap in empirical evidence by looking at ways to calculate consumer welfare by listening to the personal experiences of the American public. I argue that increased regulation of Big Tech will bring an increase in consumer welfare.
Academic Unit
College of Behavioral and Social Sciences
Big Tech: Antitrust Paradox or Solvable?
Statesboro Campus (Room 2048)
From sending emails, to online ordering, or simply watching Netflix at home, Big Tech has invaded almost every aspect of our modern twenty-first century lives. As technology brought innovation and convenience, it also brought upon a legal regulatory challenge for federal systems, such as the United States (US) and the European Union (EU). In this thesis, I will use comparative analysis in the cases of antitrust law in the United States and European Union competition law. Then, I investigate if regulation actually accomplishes its mission – protecting consumer welfare. The consumer welfare standard has been used in both the US and the EU since 1970’s. However, there is a lack of empirical evidence to show how lower or higher regulation affects consumer welfare and how consumers feel about their own welfare. In this thesis, I want to fill the gap in empirical evidence by looking at ways to calculate consumer welfare by listening to the personal experiences of the American public. I argue that increased regulation of Big Tech will bring an increase in consumer welfare.
