A familiar pattern has taken hold in platform regulation—and in the academic and policy commentary that surrounds it. Critics spot a real phenomenon, recast it as market failure, and then press for intervention that far outstrips what the evidence can
Truth on the Market
Truth on the Market is a publication that focuses on the intersection of law and economics, particularly in areas such as competition law, regulatory policy, and institutional analysis. It often features in-depth discussions on legal frameworks governing markets, including topics like EU competition law, broadcasting regulations, sports governance, and the economic implications of legal rules. The content typically explores how legal institutions and economic principles interact to shape market behavior, enforcement challenges, and policy reforms. The publication serves as a platform for scholarly and policy-oriented analysis relevant to legal practitioners, economists, and policymakers interested in the economic dimensions of law.
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Latest from Truth on the Market - Page 15
The DMA’s AI Dilemma: Too Soon, Too Late, or Both?
The European Commission’s first review of the Digital Markets Act (DMA) lands at an awkward moment. Just as Brussels begins to test whether its flagship digital regulation works, AI threatens to change the game the DMA was built to police.…
AI, Antitrust, and the Mirage of Data Dominance
By Alden Abbott
Not all supposed barriers to entry are created equal. The ones that matter for antitrust are not just costs, advantages, or inputs controlled by leading firms. They are durable impediments that keep rivals from entering, expanding, and disciplining market power.…
Africa’s Imitation Game in Competition Law
By Onyeka Aralu
African competition authorities are importing the wrong model of competition enforcement—and doing so without the institutional capacity to make even the right model work.
Across the continent, regulators are reaching for Europe’s most ambitious digital frameworks. The Common Market for…
From Competition to Exclusion: Can Discounts Go Too Far?
By John M. Yun
When does a discount cross the line from competition to exclusion? That question now sits before a federal district court weighing the U.S. Justice Department’s (DOJ) antitrust case against Visa Inc. and its debit-card business, where Visa holds a 60%…
The Price of Watching Prices: Italy’s Slow Slide from Markets to Management
If regulators could make markets behave simply by watching them more closely, Italy would be about to crack the code.
Instead, the Italian government’s latest energy measures suggest something else: when prices rise, the instinct is not just to subsidize…
No-Fly Zone: Why AI Doesn’t Need Helicopter Regulation
When a new product or service appears, some public officials default to helicopter regulation. The instinct to “do something, anything” rarely pays off—just ask helicopter parents and their kids. An overbearing approach drains the finite resources of lawmakers, enforcement agencies,…
The Waterbed Effect Doesn’t Hold Water
A familiar concern in antitrust-adjacent debates goes like this: when a company such as Walmart grows large enough, it can strong-arm suppliers into steep discounts. Suppliers, in turn, recoup those lost margins by charging smaller grocery stores more. Those smaller…
The Last Mile Is a Paper Trail: Why Broadband Gets Stuck
Everyone wants faster broadband—no one wants to wait for the permits.
Modern communications infrastructure doesn’t stand still. Providers must keep investing in upgrades and expansion to meet consumer demand. Next-generation applications—artificial intelligence (AI), artificial reality (AR), and virtual reality (VR)—will…
The View from Singapore: A TOTM Q&A with Alvin Koh
By Alvin Koh
Alvin, can you briefly describe your professional background?
In my role as chief executive of the Competition and Consumer Commission of Singapore (CCS), I oversee the administration and enforcement of Singapore’s competition, consumer protection, and legal metrology laws to ensure…