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Site title: Truth on the Market - Scholarly commentary on law, economics, and more

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Antitrust law does not hand out damages just because someone got hurt in the general vicinity of an antitrust violation. A plaintiff must show more than bad conduct, more than lost money, and more than a plausible violation of the Sherman Act. The loss must come from the thing antitrust law exists to protect: competition.

That is where antitrust standing does its work....


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Sometimes the most important thing about a gatekeeper case is that there was no gatekeeper after all. That is the quiet lesson of the European Union General Court’s judgment in Meta Platforms ...


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Washington keeps looking for the AI equivalent of a locked vault: control the chips, control the models, control the danger. But artificial intelligence is starting to look less like uranium and more like malware—hard to contain, easy to adapt, and most dangerous where people actually use it.

The White House’s new


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Brazil’s WhatsApp case began as a fight over access to an application programming interface, or API—the technical doorway that lets outside services connect to WhatsApp. It has quickly become a test of how antitrust law should treat AI distribution.

The Federal Court of São Paulo has now


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SpaceX may soon ask public investors to buy a piece of the future. The fine print may ask them to buy something else, too: a theory of corporate governance.

The company’s reported i...


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