Join the UCLA Anderson Center for Global Management and UCLA School of Law’s Lowell Milken Institute for Business Law and Policy in hosting Bill Baer, one of the world’s best-known and respected antitrust/competition enforcers and Richard Parker (J.D. ’74), a preeminent antitrust expert and partner in the Washington, D.C. office of the law firm Milbank LLP for a thoughtful discussion and interactive conversation that will explore these timely and critical issues that are highly significant to economies worldwide.
Over the past decade, Big Tech has posed major challenges to regulators charged with enforcing antitrust and competition laws in the U.S., Europe, and Asia. Several tech firms, such as Alphabet (Google), Amazon, Meta (Facebook), and Apple have become enormously powerful in the marketplace. Regulators and others are worried that these firms have monopoly power that has the potential of reducing or even eliminating competition. While at the same time, the large tech firms have had voracious appetites for buying up potential competitors at early stages, e.g., Meta’s purchase of Instagram.
Will Big Tech’s monopoly power suppress competition and hurt consumers? Are U.S. antitrust laws and the regulators who enforce them well-suited to deal with Big Tech’s power and pervasiveness, and the growing influence of AI or will they simply stifle innovation in the U.S.?