Ariel Ezrachi
Ariel Ezrachi is the Slaughter and May Professor of Competition Law at the University of Oxford and a Fellow of Pembroke College, Oxford. He serves as the Director of the University of Oxford Centre for Competition Law and Policy.
He is the co-editor-in chief of the Journal of Antitrust Enforcement (OUP) and the author, co-author and editor of numerous books, including EU Competition Law, An Analytical Guide to the Leading Cases (5th ed, 2016, Hart) and Virtual Competition (Harvard, 2016).
He develops training and capacity building programmes in competition law and policy for the private and public sectors, including training programmes for European judges endorsed and subsidised by the European Commission.
He routinely advises competition authorities, law firms, and multi-national firms on competition issues, and develops training and capacity building programmes in competition law and policy for the private and public sectors.
www.competition-law.ox.ac.uk
He is the co-editor-in chief of the Journal of Antitrust Enforcement (OUP) and the author, co-author and editor of numerous books, including EU Competition Law, An Analytical Guide to the Leading Cases (5th ed, 2016, Hart) and Virtual Competition (Harvard, 2016).
He develops training and capacity building programmes in competition law and policy for the private and public sectors, including training programmes for European judges endorsed and subsidised by the European Commission.
He routinely advises competition authorities, law firms, and multi-national firms on competition issues, and develops training and capacity building programmes in competition law and policy for the private and public sectors.
www.competition-law.ox.ac.uk
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We acknowledge our study’s limitations. While some speakers may be clearly identified as fitting one or more of these classes, others may only exhibit limited traits. No doubt categories can be further refined. Further research and analysis are required. Still, the study, in its present form, may enable one to reflect on his or her presentation style and skill. It may also facilitate bonding among the conference attendees, who can, for example, identify and tweet as many traits as they can for each presentation they must (or feel obliged to) attend.
This debate brings to light the reality of online competition – the central role played by intermediates, and the costs and risks associated with entry and expansion. It also highlights the different commercial interests at stake – of producers, distributors, marketplace operators and consumers.
We acknowledge our study’s limitations . While some speakers may be clearly identified as fitting one or more of these classes, others may only exhibit limited traits. No doubt categories can be further refined. Further research and analysis are required. Still, the study, in its present form, may enable one to reflect on his or her presentation style and skill. It may also facilitate bonding among the conference attendees, who can, for example, identify and tweet as many traits as they can for each presentation they must (or feel obliged to) attend.
Silicon Valley’s genius combined with limited corporate regulation promised a new age of technological innovation in which entrepreneurs would create companies that would in turn fuel unprecedented job growth. Yet disruptive innovation has stagnated even as the five leading tech giants, which account for approximately 25 percent of the S&P 500’s market capitalization, are expanding to unimaginable scale and power. In How Big-Tech Barons Smash Innovation—and How to Strike Back, Ariel Ezrachi and Maurice E. Stucke explain why this is happening and what we can do to reverse it.
While many distrust the Big-Tech Barons, the prevailing belief is that innovation is thriving online. It isn’t. Rather than disruptive innovations that create significant value, we are getting technologies that primarily extract value and reduce well-being. Using vivid examples and relying on their work in the field, the authors explain how the leading tech companies design their sprawling ecosystems to extract more profits (while crushing any entrepreneur that poses a threat). As a result, we get less innovation that benefits us and more innovations that surpass the dreams of yesteryears’ autocracies. The Tech Barons’ technologies, which seek to decode our emotions and thoughts to better manipulate our behavior, are undermining political stability and democracy while fueling tribalism and hate.
But it’s not hopeless. The authors reveal that sustained innovation scales with cities not companies, and that we, as a society, should profoundly alter our investment strategy and priorities to certain entrepreneurs (“Tech Pirates”) and cities’ infrastructure.
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