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Wright GSM Workshop Slides

Wright GSM Workshop Slides

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Published by TechFreedom

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Categories:Types, Speeches
Published by: TechFreedom on Nov 18, 2011
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04/16/2014

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The Rise of Social Media and
its Antitrust Implications
 Joshua D. WrightGeorge Mason University School of LawQuello Center Workshop on the Governance of Social MediaNovember 11, 2011
 
Rise of Social Networking
Friendster (2002) hits 3 million users in its first 3months
MySpace (2003) quickly outpaces all others
Facebook (2004) first surpasses MySpace inpopularity in April 2008 (monthly unique visits)
 –
Has over 800 million active users today
 –
Average U.S. user spends almost 8 hours a month(over 15 minutes a day) on FB
Google+ (2011) reaches 40 million users in itsfirst 4 months
 
Antitrust in High-Tech Industries
Dynamic competition
 –
Characterized by innovation and discovery of newmarkets
Error cost considerations prominent
 –
Danger of chilling pro-competitive conduct that is notwell understood by economists and judges
Antitrust agencies have recently increased focuson high-tech industries
 –
See e.g.,
 Microsoft
 ,
Intel
 ,
Rambus
 ,
N-Data, Google,Facebook, Twitter

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