Nicolas Petit @competitionprof.bsky.social · 27/11/2024Bottom line? The DoJ’s proposed remedies are a “Nirvana Fallacy” as Demsetz once coined They look good on paper but are unworkable in practice 10/N 100
Nicolas Petit @competitionprof.bsky.social · 27/11/2024Hopefully here, as the law requires, the court will try to address the general search market monopoly on the basis of competitive realities, not on fantasized market fallacies 11/N 100
Nicolas Petit @competitionprof.bsky.social · 27/11/2024Now the emerging competitive dynamics in search raise another question: is the DoJ intervention ahistorical or perfectly timed to disruption 12/N 100
