Apple’s iPhone has Google as its default search engine. Google paid Apple for that privilege. When a user searches in Safari, Apple’s Web browser, that search is run through Google by default.
The DOJ argues that this arrangement is illegal because it means Google is monopolizing searches. Some monopoly: You can change search engines on an iPhone with four taps and a swipe.
GMU Econ alum Jon Murphy finds at least one flaw in the FTC’s antitrust case against Amazon.
Kate Wand talks with Phil Magness about American trade policy.
Some Indian companies were indeed killed by foreign competition. But other Indian companies became multinational corporations in their own right. The Mittal Group acquired France’s Arcelor to become the biggest steel company in the world. The Tata Group purchased Corus and Jaguar in the UK and became the biggest private‐sector employer in the UK.
Reason‘s Eric Boehm likes the idea of a debt commission.
Speaking of government indebtedness and its dangers, here’s Chris Edwards on this topic.
Freddie Sayers tweets from Great Britain: (HT Jay Bhattacharya)
Three years on, they’re still trying to push the line that Boris Johnson — who introduced the most draconian restrictions on liberty in the history of this country — was overly freedom-loving! 🤪