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    Digital regulation is coming, sooner or later

Posted in Antitrust Tagged with: , , , , ,

There are two ways of thinking about political prospects for the years ahead.  One is to dwell on the relatively narrow margins of the recent election – 80 million vs. 74 million votes cast, 306-232 in the Electoral College – and fear gridlock. The other is to look at America’s history of dealing with its problems and expect a series of further adjustments to be made, patterned on what’s been done before. Take the problem of industrial concentration. The government’s last big antitrust action came at the very dawn of the digital age: an unlawful monopolization charge under the Sherman