WSJ, here.
Laid-back piece by Edith. Exercise in gauging in which way the breeze (gale?) is blowing?
WSJ, here.
Laid-back piece by Edith. Exercise in gauging in which way the breeze (gale?) is blowing?
Here.
We've been playing ourselves with the idea of a DMA Lab for more than a year...Competition!
EC, here.
[NotebookLM's own DeepDive here, just for fun]
In our Article 19 Report we discussed this and how it could eventually translate into a DMA obligation here.
I'd add another aspect, if I may 😉: downstream products like NotebookLM having exclusive access to YouTube videos to produce content? Perhaps not a copyright infringement (derivative?) but what about competition in downstream markets for AI-related products?
In the US, here.
I posed the question this morning and received an answer within 30 minutes. That was efficient, thank you!
The great Elettra, here. Don't miss her!
Elettra gave a much appreciated guest lecture to us in Trento 4 (? must check) years ago - in our (comparitively) age of innocence...
BBC, 1970 [same year as the Hesse legislation] here.
We were on a very promising path, what happened since?
Euractiv, here.
How are they going to coordinate with the Italian proceeding? Looking forward to interim measures!
Of course, also the DMA should already be updated - at least by delegated act (pity they didn't open any proceeding yet - as we discussed at our A19 Conference).
From a 2024 (time flies) article "it appears quite probable that some form of platform integration, potentially through the blending of AI or virtual worlds technologies in WhatsApp, may occur." No crystal ball required!
R. Berjon, here.
And tomorrow (virtually) at Trento University.
C. Peukert, here.
Whenever I see a "model" applied to policy, as a PhD economist I ask myself: do we really need it? What's the model obfuscating which would instead matter to policymakers?
Final Report, for the EC, here.
Where you read: "Public initiatives such as Common European Data Spaces and GAIA-X are widely anticipated to improve data accessibility, but awareness and participation remain limited, especially among SMEs." - GAIA-X, seriously? How much did the EC pay for this Report?
[I can't believe this is still ongoing, really]
BleepingComputer, here.
[It's complicated]
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| AI generated - don't trust it ;-) |
Abstract: This paper examines the EU Digital Markets Act (DMA) through the lens of an evolutionary economics framework structured around the concepts of variation, selection, and adaptation (VSA). It argues that the DMA represents a bold, systemic regulatory shift, motivated by the inadequacy of traditional antitrust enforcement to address entrenched digital dominance. By introducing the VSA framework, the paper offers a novel tool for evaluating how effectively the DMA promotes contestability— with innovation as the form of competition most at risk in digital markets. The framework is applied to the case of online search, with a focus on Alphabet, the only search engine designated as a gatekeeper to date. The analysis highlights the extent to which current DMA obligations promote variation (diversity), counter biased selection mechanisms, and enable effective adaptation among gatekeepers, challengers, other market participants, and regulators. It also identifies persistent gaps in regulatory design and implementation, suggesting that additional measures may be needed to fulfil the DMA’s stated ambitions. In doing so, the paper contributes both a structured analytical approach and critical insights to the ongoing evaluation and future development of the DMA.
Google, here.
During the A19 Conference, we discussed why there wasn't any ongoing DMA qualitative designation for the third hypescaler 🤔
M. Stoller, here.
In the US *only* - of course.......
Adlc, ici.
The Diary of a CEO, here.
If you listen carefully to Tristan Harris, it becomes crystal clear why the usual suspects are so opposed to the whole bunch of EU digital regulation that matters.
Commenting on a CERRE Report, here.
Perhaps they also asked somebody else, later, but sorry: I can't watch any further.
Linux Foundation, here.
Coincidence? Google is increasingly closing Android, as we heard last week at the Article 19 Conference.
OECD, here.
Tbd today, Trento U.
OECD, Background Paper here.
Independent, here.
[But the title is, well, wrong].
BBC, here.
I have listened to the whole thing, and the Q&A was, I suspect, the part I appreciated most. The "straight out of Silicon Valley" comments about Europe, forever regulating, never producing, felt rather surprising - if the world were that simple (that's why we need good historians with hindsight)! True, we do risk turning ourselves into a dusty, romantic museum, but only if we fail to make intelligent use *also* of our own heritage, including through digital tools that are not simply parachuted in from California but adapted to our needs.
And happily, a young ‘populist left’ has already emerged with exemplary standard-bearers such as Lina Khan among them.
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| 25/11/2025 |
One must recognise that the DMA (and the DSA) are among the last bastions still standing at the moment, and that a possible Brussels Débâcle would carry profound, global implications. If we yield as Europeans, we yield also on behalf of all the other countries attempting to contain the power of the technological ogres. This Brussels Débâcle may take various forms and shapes. I do not expect a retreat, but I fear that the line may shift. Some impactful changes, adjustments and delays agreed behind closed doors, at the highest level of the Commission, remain invisible to us and significantly undermine the democratic position of us, the citizens of the European Union.
[In the meanwhile, Margrethe Vestager reacted to this frontal attack, among many others: serious stuff. And Teresa Ribeira too: strong words; Macron also onboard ]
Data Transfer Initiative, here.
Now that the programme has been officially released, I can say a word about Thursday’s panel, where I shall present a paper that is highly tentative: when I wrote it, it verged on science fiction, yet events have already overtaken it. One striking aspect of the panel is that we have four papers on artificial intelligence, which is noteworthy in itself. The perspectives are varied yet complementary. And while today the Commission opened three investigations in the cloud sector, our discussion moves further downstream: we consider also whether AI-related services should be expressly recognised as core platform services, which DMA obligations genuinely already apply to AI-related services , whether they can be regarded as adequate, whether the DMA should be even more ex-ante, etc.
I suspect the session will be lively.
Meta itself, here.
A bit emotional myself, what about you?
Videos here.
Just in time for a relaxing Friday class: watching (and commenting on) a couple of panels with my Students tomorrow 🍿🍿🍿
Ada Lovelace Institute, here.
Discussing a DMA draft paper next week in Brussels exploring related themes...
P. Larouche, A. de Streel, here.
Topic of my PhD in economics at fn. 6
Semafor, here.
[So much wrong about this title that I wouldn't know where to start...]
9to5Mac, here.
How long before the next "product can't possibly be launched in the EU because of annoying digital regulation"?
Avec Sébastien Soriano (!), ici.
Vidéo ici.
Débat intéressant car le néo-schumpétérisme à la Aghion rencontre ici le populisme économique à la française, tant à droite qu’à gauche. Les autorités de concurrence devraient également y prêter attention : il ne suffit pas d’écarter ces voix en les qualifiant d’économiquement illettrées, ni de se retrancher derrière quelques écrits et affirmer que toutes les implications d’un modèle n’ont pas été pleinement prises en compte.
Alors qu’aux États-Unis, le mouvement néo-brandeisien a en partie intégré des revendications populistes et tenté de les traduire en actions concrètes de politique de la concurrence, en Europe nous en sommes restés bien éloignés jusqu’à présent. Les temps changeraient-ils ? Il existe une soif de réponses concrètes à de véritables problèmes ; c’est, en fin de compte, de cela que dépend la légitimité démocratique de la politique de concurrence.
ACM, here.
[Very useful also for teaching purposes! We worked extensively on the Data Act this semester - a bit too late for us though, we have since moved to other topics]
Ask Tommaso Valletti and others, here.
"Ordinary folk in the streets of London" at 16:00 totally impressive.
Euractiv, here.
[Added value: no annoying, unsolicited "AI integration"]
BBC, here.
[Disclosure: my better half worked 20+ y. for the EBU]
CEPR, here.
Why they haven't matched him with a 'formal economist' or two dealing with innovation/knowledge for real (such as evolutionary economics), I wonder...
Reuters, here.
A topic for the next DMA High Level Group too?
Here.
Timing was, well, bad (into Friday evening my time, European after all and cherish my off-work time) - followed 1/3 of it and was very stimulating: hopefully there'll be a recording soon.
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| https://cartography-of-generative-ai.net/ |
CSIS, here.
"Whereas the European Union positions AI strictly as a human tool and thus perceives a risk in AI evaluating humans, Japan is more accepting of a horizontal relationship between humans and AI" where would you prefer to live?
Arbeitskreis Kartellrecht, hier.
Bloomberg, here.
OpenAI here ("A US federal court last fall condemned Google’s illegal search monopoly, and will soon issue a decision on how to remediate that long-standing monopoly").
I asked John Sallet about missed remedies and impact on GenAI yesterday at this event
Listen to him at a previous event here,
M. Stoller, here.
On this side of the Atlantic, the CMA: "It is plausible that to the extent Activision content is
added to Game Pass, the price of Game Pass subscriptions may increase
commensurately and therefore the purported benefit from the Merger may not
ultimately accrue to UK consumers to the extent claimed, or even at all" - so: price increase for UK consumers ok, because of added Activision content?
Here.
Teaching material à gogo for your classes, thank you Paolo!
Here.
I'd love to intervene 😊