05 December 2017
Virtual Competition: The Promise and Perils of the Algorithm‑Driven Economy
Ariel Ezrachi and Maurice Strucke
2016, Harvard University Press, 368 pages,
Reviewer: Leath Al Obaidi
In 2014 Peter Thiel, PayPal co-founder and early Facebook investor, wrote an essay for the Wall Street Journal titled ‘Competition is for losers’. He argued that start-ups need to focus on products with which no one can compete. At the time of writing he could not anticipate that two competition lawyers, Ariel Ezrachi and Maurice Strucke, would be prompted by his work to author a…
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