How Big-Tech Barons Smash Innovation — and How to Strike Back (HarperCollins 2022)
​We are told that the great technology companies are history's greatest innovators — that their dominance is the natural reward for building products people love. The story is compelling. It is also, in large part, wrong.
How Big-Tech Barons Smash Innovation argues that the most powerful technology platforms have become not engines of innovation but obstacles to it. Sitting atop vast ecosystems they control, Big Tech Barons strategically suppress the breakthrough innovations that might threaten their dominance — while flooding markets with incremental improvements that maintain the illusion of progress.
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Professors Stucke and Ezrachi identify the mechanisms by which this happens, show why conventional antitrust thinking has failed to address it, and lay out what genuine pro-innovation policy would look like — one that opens markets to the kind of transformative competition that actually benefits consumers, workers, and society.
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"In all, it is a strong argument that deserves a good hearing: far from chilling innovation, the book concludes, reining in Big Tech may be the only way to save it." --Financial Times
Top 22 Business Books of 2022 — Next Big Idea Club | Financial Times Best Books, June 2022 | Runner-up, Porchlight Business Book Awards: Creativity & Innovation
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