No, markups have increased only slightly in some industries—and have stayed the same overall—which refutes claims that market concentration is giving firms more pricing power.
Axios reported last week that The New York Times Company would stop using third-party ad networks next year.
The year 2020 was already going to be a challenging one for the World Trade Organization (WTO), with a paralyzed dispute settlement system and a negotiating agenda fraught with landmines.
On April 29, 2020, Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, announced that remdesivir—an antiviral drug originally developed by Gilead Sciences as a possible Ebola treatment—indicated effectiveness as a therapeutic for COVID-19 and would become the standard of care for treating the disease.
The COVID-induced isolation economy has demonstrated just how important broadband networks are for work, learning, and entertainment. But it has also highlighted important gaps, such as the rural divide and the “homework divide,” that government policy can play a role in filling. Rob and Jackie discuss these issues with broadband and IT experts Larry Downes, a senior industry and innovation fellow at Georgetown University’s Center for Business & Public Policy, and Blair Levin, a nonresident senior fellow with the Brookings Metropolitan Policy Program and prior director of the 2010 National Broadband Plan.
Congress is looking back on a 22-year-old law that safeguards intellectual property and continues to shape the Internet: the Digital Millennium Copyright Act (DMCA). The Senate Judiciary Committee’s Subcommittee on Intellectual Property is holding a hearing on February 11 that will answer questions of why it was enacted and what the state of the law is now.
The decision of when to trust a machine over a human can be fraught, especially when the technology is relatively new to the public. The choice is often influenced not just by concerns about how it will perform but also by the fear that, if the technology is too good, it will replace workers. An example of this tension has been playing out recently in the Maryland and Virginia legislatures.