European Commission Launches Investigation Against Microsoft for Integrating Teams With Office

I was surprised. One of the hallmarks of the difference between American capitalism and capitalism in many emerging markets has been American capitalism is defined by the rule of law, by the absence of randomly exercised discretion and by predictability. And none of this seems consistent with those values. It was also very unclear what the rational... See more

Hence, Elizabeth Warren famously proposed that ‘if you run the platform you can’t compete on it’, which sounds good, until you realise this means that you’ve just banned Google Maps on Android. If this is your principle, a platform can’t do anything that anyone else might want to do. So your new iPhone has no calendar app, and no camera app, and no... See more

Monopolistic. While most acquisitions fail, Zuck and Sheryl have been so good at acquiring companies that the government is stepping in post-hoc to try to undo them.