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The Next Big Thing

BY | December 13, 2012

Allen Grunes, Dec 12, 2012 Pop quiz: What do antitrust cases involving the leading PC operating system, a national association’s rules about real estate listings, and a joint venture between…

Allen Grunes, Dec 12, 2012

Pop quiz: What do antitrust cases involving the leading PC operating system, a national association’s rules about real estate listings, and a joint venture between a cable company and a movie studio have in common?

Hint: Not the statute involved. One was Sherman, one was Sherman and one was Clayton.

Answer: They were all about competition to be the “next big thing.”

Quite a lot has been written on the importance of innovation to the U.S. economy, and

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