Google: The New Vampire Squid? With Dina Srinivasan
Last month, the U.S. Department of Justice filed a second landmark antitrust lawsuit against Google, targeting its monopoly in the online advertising marketplace. To simplify the apparent complexity of the case – and to understand why and how it matters to consumers, the advertising market, the tech industry, and the economy – Luigi conducted a special bonus interview with Dina Srinivasan, one of the foremost lawyers in the field of competition policy, and the author of the 2019 article, "Why Google Dominates Advertising Markets" (Stanford Technology Law Review). Then, Bethany joins Luigi to discuss the implications of this case and the Facebook-Google "Jedi Blue" ad agreement for consumer harm, the business model of journalism, democracy, and beyond.
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Show Notes
- In a Wall Street Journal article about Google’s Secret ‘Project Bernanke,’ Jeff Horwitz and Keach Hagey quoted Google Chief Economist Hal Varian's answer to a question he was asked during the Stigler Center's 2019 Antitrust and Competition Conference. Watch the video excerpt here.
- "Why Google Dominates Advertising Markets," by Dina Srinivasan, Stanford Technology Law Review, December 2019
- Read ProMarket's ongoing coverage of Google here.
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