Things could go one of three ways (says the FT)
@superwuster
Professor Columbia University & contributing opinion writer for the NY Times. Latest book THE AGE OF EXTRACTION (the rise of the platforms) (Nov 2025) https://www.penguinrandomhouse.com/books/691177/the-age-of-extraction-by-tim-wu/
Things could go one of three ways (says the FT)
You got me, basically no different than nationalizing all the airlines
Maybe the reason Trump seems to hate Denmark, Canada, Norway, Minnesota and Vermont so much is that they are nice, decent places that work pretty well -- in other words, the opposite of everything Trump stands for.
Airlines are required to list their "all-in" prices, instead of tricking you with a $49 bait price and piling on fees, taxes etc at the final point of sale. Seems to me that's a pretty good model for most if not all of the economy.
There is something sad and but funny about Donald Trump inadvertently taking up a left-wing concern -- the plight of the "debanked" and "unbanked" www.npr.org/2026/01/22/n...
Part II is a case study of four 20th century U.S. tech industries: automotive, aerospace, computing and telecommunications. Differential antitrust treatment of the four industries helps explain differing industry structures and succession patterns, growth and innovation.
The paper is intended for scholars and practitioners of strategic economic policy. The paper identifies three mechanisms for strengthening domestic industry: direct aid, support, and discipline. Antitrust can be used for discipline, by requiring competition instead of collusion.
"Antitrust and Industrial Policy: A Misunderstood Relationship."
This is a new draft academic paper I've been working on for a while (serious comments welcome). It suggests that the antitrust regime should be understood as a part of the industrial policy toolkit.
papers.ssrn.com/sol3/papers....
Netflix? Paramount? They are both terrible for Warner Bros
www.nytimes.com/2025/12/09/o...
The point of having merger guidelines and structural presumptions is to discourage firms from attempting illegal mergers. Unfortunately Trump has given everyone the impression that they can get their deal through with kickbacks and ass-kissing
You can get my new book at one of these fine vendors www.penguinrandomhouse.com/books/691177...
The law should send a simple message: Warner Bros, if you want to sell, maybe try finding a buyer who is not a direct competitor?
In a sign of how times have changed, in 1959 economists Turner and Keysen proposed a commission to breakup firms "where, for 5 years or more, one company has accounted for 50 percent or more of annual sales in the market, or four or fewer companies have accounted for 80 percent of salesβ
My take on the ruling in the antitrust case against Facebook (Meta) - gift link:
www.nytimes.com/2025/11/23/o...
Amazing semi-lost letter from Theodore Roosevelt denouncing paid critics of antitrust and "law-defying corporations of immense wealth who ... expect[] others to treat them beyond and above any possible check from law"
Last chance to catch book event in SF this evening -- www.commonwealthclub.org/events/2025-...
Had a great show today on my fave radio show from when I lived in SF -- KQED Forum -- listen here.
www.kqed.org/forum/201010...
The craziest thing about the Senate D capitulation is that the Trump administration was taking the blame and showing weakness in so many ways, including losing elections. What a time to fold!
In San Francisco and experiencing that feeling when you realize you've been exposed to way too much propaganda. I mean ut has always had bad areas but remains a beautiful and vibrant city to stroll around in.
Eleven years ago Zephyr Teachout and I ran a campaign against Cuomo to uproot the corruption he had brought to New York and his lack of respect for the democratic process. Yesterday was a good day! www.politico.com/states/new-y...
π§ New on Winging It: I talk with Prof Tim Wu @superwuster.bsky.social, author of the new book "The Age of Extraction" β how the Internet went from great promise to an extraction dynamic, what it means for #AI policy, & how to build a fairer digital economy.π€
Link: open.spotify.com/episode/0ZL5...
Wish this was a better photo of Barry Lynn, Lina Khan, myself and Jonathan Kanter but it certainly captures a lot of recent anti-monopoly thinking in one frame
Book tour starting next week -- coming to a city near you (probably)
timwu.net#booktour
The American framers and thinkers of that time were so well versed in Roman history and the dynamics that led republics to perpetual dictatorship -- this generation more likely to think the problem with Caesar is that the buffet is overpriced
www.washingtonpost.com/travel/2024/...
Thank! I have appreciated your interest, though this one tbh isn't media history
NY Times essay adapted from my new book, "The Age of Extraction." Gift link here: www.nytimes.com/2025/10/25/o...
If you are around Oxford (UK) I'm giving a talk at the law school this Thursday at 12 at the IECL seminar room. Topic is: "The Servile State revisited" -- it is reconsideration of distributism as an alternative to brutal capitalism and communism. Open to public
I used to work in the NY AG's office. The federal indictment of Letitia James is disgusting and embarrassing. www.nytimes.com/live/2025/10...
Las Vegas is a microcosm of the broader US economy. Mergers have led to duopoly/oligopoly. A corporate extraction imperative leads to price hikes where hotels / casinos to target big spenders. Short-term profit but longterm cost to the broader ecosystem
nytimes.com/2025/10/01/t...
Business has long depended on emotional attachment as strategy to create switching costs. (E.g., Cadillac). Seems utterly obvious that despite their ethical commitments, the intentional engineering of AIs to generate human emotional attachment will soon be mainstream.