July 27, 2023
Coordinated Effects and the Half-truth of the Lax Enforcement Narrative

A debate is brewing between antitrust critics who claim that merger enforcement has been weak and fading since the 1980s and establishment defenders who respond that merger enforcement has stood...

July 27, 2023
Coordinated Effects in Times of Inflation

The potential for unilateral announcements to facilitate coordination is well established. Nonetheless, enforcement against such announcements is low. With inflation at levels higher than that seen in recent decades, competition...

July 26, 2023
The Ripple Effect: What Proposed US Crypto Legislation Looks Like 

The U.S. crypto crackdown started at the top, but the sector’s fractures were bottom-up.  Some of the digital asset industry’s biggest names, like Coinbase and Binance, found themselves afoul of U.S. federal...

July 26, 2023
Moves Teams With Astra as Gig Workers Embrace Digital Banking

Gig worker-focused banking app Moves has teamed up with payment platform Astra. The partnership, announced Wednesday (July 26), offers Moves members real-time transfers via Astra’s connection to Visa Direct, Visa’s real-time push-to-card payments platform. “As...

July 26, 2023
HFSC Chairman Says Bill Will Provide Digital Asset Regulatory Framework

A bill now in the U.S. House of Representatives would make it law that not all digital assets are securities. So said House Financial Services Committee (HFSC) Chairman Patrick McHenry in opening remarks made Wednesday (July 26) ahead...

July 26, 2023
Microsoft vs. Google and the Battle for AI Cloud Infrastructure

The generative artificial intelligence (AI) arms race leaderboard is neck and neck. It hasn’t even been a full calendar year since the technology was first commercialized at scale by Microsoft...

July 26, 2023
Big Tech’s ‘Frontier Model Forum’ Tackles ‘Responsible AI’

Four Big Tech companies have formed a group focused on responsible artificial intelligence (AI) development. The Frontier Model Forum, comprised of Google, Microsoft, OpenAI and Anthropic, “will draw on the technical and operational expertise of its...

July 25, 2023
Visa Direct Transactions Soar 20% as P2P and B2B Use...

Visa’s fiscal third-quarter results show traction in new payment flows and management pointed toward resilient customer spending. The payment networks’ most recent results show that overall payments volumes gained 9% during the...

July 25, 2023
Google Reports 7 Out of 10 Generative AI Unicorns Are...

The tech industry has been buzzing over generative artificial intelligence (AI) for months. But has the technology, whose capabilities are being promoted as the next big leap forward for the...