Last week, the government’s top two antitrust enforcers appeared before the Senate Judiciary Committee: Makan Delrahim, Assistant Attorney General who heads the Department of Justice’s antitrust division, and Joe Simons, Chairman of the Federal Trade Commission. Among the issues discussed was concern over the power of the large tech companies and the potential for anticompetitive […]
Wayne T. Brough
Wayne T. Brough is the president of the Innovation Defense Foundation. Previously he was economist and vice president for research at FreedomWorks. Earlier he worked at the Office of Management and Budget, reviewing federal regulations. He also worked at the United States Agency for International Development, focusing on market reforms in Africa, and in the research branch of an investment bank, where he covered U.S. domestic policies. He has testified before Congress and regulatory agencies on a number of issues.
Education: B.A., Jacksonville University; M.A., George Mason University; Ph.D., George Mason University.
In a much anticipated, but not surprising decision, the European Commission just announced that Google has been fined $5 billion for abusing its market power in the Android world in order “to cement its dominant position in general internet search.” Perhaps the magnitude of the fine was alarming, but the EC’s action is just the […]
Throughout our history Americans have been wary of large corporate entities, from early opposition to British crown monopolies to the political animus targeting the robber barons in the late 19th century. Today, this concern has re-emerged, as the world’s tech giants come under increasing scrutiny at home and abroad. Google, Facebook, Apple, and others already […]
On Monday, the Supreme Court announced that it will be taking up a case that will determine the reach of government when issuing warrants for information not held in the United States. Specifically, the Court agreed to address the issue of whether a warrant served to an American company requires it to turn over data […]
With the Obamacare fight all but over, all eyes have turned to tax reform. This week, President Trump unveiled the “Unified Framework for Fixing Our Broken Tax Code.” That’s good news for taxpayers, consumers, and businesses. The current tax code is burdensome and inefficient and thwarts efforts to revitalize the economy. The new plan for […]
During a recent speech in North Dakota, President Trump referred to the tax code as a “giant self-inflicted economic wound,” and urged Congress to take up the mantle of tax reform. And rightly so. The president, after losing a bruising fight on Obamacare repeal, is looking for a win for his activist base. With Republicans […]
Since it went commercial roughly 20 years ago, the internet has become a part of our daily lives, from entertainment to shopping to social networking. Today’s internet is a vibrant global network connecting more than 3.5 billion users worldwide through 224 million websites. Every day, users send almost 270 million emails worldwide and 2 billion […]
The American economy produces roughly $18 trillion worth of goods and services every year as firms compete to provide consumers the goods and services they demand. But over time, the government has come to play a much larger role in the economy, imposing regulations that cost the economy over $1.9 trillion annually. Unfortunately for consumers, […]
In its latest broadside against American technology companies, the EU last month slapped Google with a record $2.7 billion fine for leveraging its dominance as a search engine to boost Google Shopping over competing online services. This is indicative of the EU’s ongoing battle with American tech companies, with Google, Facebook, Apple, and Microsoft under […]
Almost six months into the Trump administration, frustration is mounting over the lack of progress on the bold agenda outlined by the president. Tackling Obamacare has proved more challenging than initially assumed, which has kicked up a backlog on tax reform and other key initiatives on President Trump’s agenda. In fact, Republicans in Congress are […]