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Mobile Dev Memo Podcast

Season 4, Episode 6: Consumer welfare and antitrust in tech (with Andrey Fradkin)

Oct 9, 2024
Andrey Fradkin, an Assistant Professor of Marketing at Boston University specializing in the digital economy, dives into the complexities of antitrust issues in tech. He discusses how digital marketplaces can trend toward anti-competitive behavior and critiques Amazon's treatment of its own products in search rankings. The conversation also explores the implications of advertising practices on consumer welfare and the evolving landscape of antitrust enforcement in the age of AI, shedding light on the intricate balance between competition and consumer benefit.
45:00

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The podcast examines how antitrust laws aim to foster competition in digital marketplaces while addressing practices that may harm consumer choice.
  • It highlights the complex relationship between targeted advertising strategies and marketplace competition, emphasizing the risks of self-preferencing by tech platforms.

Deep dives

Insights into Antitrust and Technology Market Dynamics

The podcast delves into the evolving landscape of antitrust concerns surrounding major tech companies, particularly as their influence grows. It highlights the historical context, where these firms, once considered nimble startups, are now subject to increased scrutiny due to their size and market power. The discussion underscores that antitrust law aims to foster competition and protect consumers, primarily by addressing practices that might stifle competition, thus ensuring fair market conditions. This foundation is crucial as society re-evaluates established norms in light of how digital marketplaces function.

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