The American A.I. Sovereign Wealth Fund Act rests on a sweeping claim about the ownership of value created by artificial intelligence. Because AI models are trained on data generated by the public, the bill treats the resulting gains as a
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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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Chatrie and the Court’s Pretzel Logic: The Fourth Amendment Gets Twisted
The Supreme Court just told police they cannot turn your phone into a witness against you merely because you walked through the wrong patch of pavement. That is the good news. The less comforting news is that the Court reached…
The DMA’s Cloud-Cuckoo Land
The Digital Markets Act (DMA) was built to police digital gatekeepers. The European Commission now wants to test how far that metaphor can stretch—past app stores, social networks, and marketplaces, and into the server racks.
The Commission has reached the…
The State That Wouldn’t Hang Up: California’s Fight to Keep the Old Phone Network Alive
In 1877, Thomas Doolittle strung the first hard-drawn copper telephone wire in Ansonia, Connecticut, replacing the iron lines that had carried Alexander Graham Bell’s earliest calls. Nearly 150 years later, most of the country is finally retiring the last copper…
Killer Theories and Acqui-Hire Alibis
Antitrust agencies have a habit of giving new labels to old anxieties. In artificial intelligence, the latest worry is that partnerships between large technology firms and startups are not partnerships at all, but mergers in clever disguises.
In the first…
Much Ado About Removal: The Supreme Court, the FTC, and the End of Independent-ish Agencies
For roughly 90 years, Humphrey’s Executor had been the constitutional law equivalent of a load-bearing antique: an awkward, if still functioning, architectural kludge, much admired in certain circles, but increasingly hard to rationalize. Earlier this week, finally, the U.S. Supreme…
Brussels Goes Gate-Hunting: AWS, Azure, and the DMA’s Cloud Problem
The European Commission wants to treat cloud computing as a gatekeeper market. That is the wrong diagnosis, and it would lead to the wrong cure.
The Commission’s preliminary view that Amazon Web Services (AWS) and Microsoft Azure should be designated…
Don’t Put the Government on the Cap Table
When Washington offers to “share the upside,” check the fine print. With artificial intelligence, the proposed bargain is not just that taxpayers might get a slice of the next great American industry. It is that the federal government would become…
Texas Wants to Check Your App Store Papers
Smartphones are no longer just phones. For kids, they are libraries, newspapers, classrooms, cameras, maps, town squares, and, yes, bottomless distraction machines. Texas Senate Bill 2420 treats access to all of it as something that should first pass through a…
The Roswell Loophole: How to Stop Wireless Deployment One Permit at a Time
A city does not need to hang a “no cell towers allowed” sign to keep wireless service out. It can get there the quieter way: deny one permit, then another, each for reasons that sound local, particular, and perfectly ordinary.…