Nicolas Petit @competitionprof.bsky.social · 13/01/2025I am less keen on Acemoglu’s proposal to tax big tech firms. Antitrust enforcement is more effective in curbing monopoly rents in tipped markets. 31/N 100
Nicolas Petit @competitionprof.bsky.social · 13/01/2025Antitrust efforts may pressure monopolized segments to increase static competition while allowing firms to pivot into non-monopolized areas to raise dynamic competition. 32/N 100
Nicolas Petit @competitionprof.bsky.social · 13/01/2025Timing and intensity are crucial because the monopoly rents from low static competition partly finance tech firms' redirection toward new markets. 33/N 100
