Nicolas Petit
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competitionprof.bsky.social
Nicolas Petit
@competitionprof.bsky.social
Thoughtful antitrust, not make-believe antitrust. Prof at EUI & co-founder Dynamic Competition Initiative (DCI). Opinions mine only, not of any group or institution I belong to.
Decline is a choice, not a fate.

This week, Luis Garicano @siliconcontinent.substack.com.web.brid.gy and Bengt Holmström (MIT), we launched The Constitution of Innovation - a a new European renaissance.

We make 6 proposals.

Read them at constitutionofinnovation.eu

#Europe #Innovation 1/6
The Constitution of Innovation: A New European Renaissance
An academic paper examining Europe's innovation challenges and proposing a constitutional framework for economic renaissance.
constitutionofinnovation.eu
November 14, 2025 at 6:46 AM
My latest paper explains why the US v Google case identified monopoly power on the wrong side of the bargaining table. Comments welcome 🙏 papers.ssrn.com/sol3/papers....
October 27, 2025 at 2:43 PM
This is so uplifting. There are so many strong symbols to celebrate behind the award: democracy, individual freedom, free markets, and institutions like Nobel that remain independent from political pressure.
NEW: Venezuelan opposition leader Maria Corina Machado awarded Nobel Peace Prize.
October 11, 2025 at 10:53 AM
Am conducting a survey: what did the digital economy break?

- local journalism
- information trustworthiness
- …

Please help me complete
October 11, 2025 at 9:07 AM
Reposted by Nicolas Petit
Hey students from Sweden 🇸🇪: here you can find information for three full scholarships to come to study international security at the Hertie School (@hertieschool.bsky.social, @hertiesecurity.bsky.social) in Berlin.

www.hertie-school.org/en/study/fun...
Ax:son Johnson Scholarship
This scholarship is for applicants from Sweden with a demonstrated interest in international security and German-Swedish relations.
www.hertie-school.org
October 6, 2025 at 8:48 AM
Reposted by Nicolas Petit
Our professor @competitionprof.bsky.social quoted in Politico Europe on the landmark ASML–Mistral deal and its implications for European tech sovereignty 🇪🇺💻

www.politico.eu/article/asml...
ASML-Mistral is Europe’s dream tech tie-up. Can it deliver?
Two tech champions face the daunting task of keeping Europe on the AI map.
www.politico.eu
September 22, 2025 at 9:39 AM
The only value of a university is structural, not substantive. Very nice piece from former @eui-eu.bsky.social law professor Dennis Patterson on academic neutrality www.theguardian.com/us-news/ng-i...
How to save the American university
As Trump threatens funding and public trust plummets, US schools are in the fight of a lifetime. This is how they can survive – with their souls intact
www.theguardian.com
September 3, 2025 at 7:37 AM
It’s that time to repost “understanding market power” - a full guide to the tricky but essential economics behind antitrust law. If you teach or study antitrust this fall, feel free to use it. Feedback is very welcome to help me improve the next version papers.ssrn.com/sol3/papers....
August 21, 2025 at 8:03 PM
Coup de foudre. Le sublime atteint sous la plume de l’empereur Hadrien. Ne naît-on littérairement qu’après sa première rencontre avec Marguerite Yourcenar?
August 19, 2025 at 10:48 AM
Guess who has bargaining power here.
August 15, 2025 at 10:41 PM
One day against the DMA, the next one against. It’s like his support to Trump. At least Musk is consistent in inconsistency 😁.
Ah the old "I want small government, but please make it regulate businesses that aren't nice to me" arguments.

Elon Musk seems to be arguing big digital businesses should have a "fairness" obligation -- this is the very core of EU laws he blasts so frequently

on.ft.com/4lozXiH
Elon Musk threatens to sue Apple over App Store rankings
Billionaire accuses tech group of unfairly favouring rival OpenAI
on.ft.com
August 15, 2025 at 5:03 PM
Check out today’s exhibit on misinformation: @economist.com subtitle suggesting a baseline of irrelevance at the EUI.
Good to see a piece about the EUI in The Economist. But this is a hatched job, with little resemblance to reality. Charlemagne is usually excellent, so this is odd. Can only think that @spignal.bsky.social talked to people who don't really know what's going on.
www.economist.com/europe/2025/...
Europe’s Hogwarts has a new Dumbledore
Patrizia Nanz is trying to make the European University Institute relevant
www.economist.com
August 9, 2025 at 10:25 PM
Debate.
July 24, 2025 at 9:43 PM
Encouraging to see Brussels push back on political interference in legitimate bank M&A.

Less ideal that consolidation is unfolding along national lines.

The big question: will stronger national champions finally unlock real cross-border banking in the EU?
July 20, 2025 at 3:44 PM
Can’t be true!

Legal scholars claim Amazon dominates without rivals.

Economists claim algorithms collude.

When theory fails to match reality… ignore reality?
July 7, 2025 at 8:56 PM
Big data, big power … big what exactly? Was a delight to discuss with @ivanenadic.bsky.social. Looking fwd to our next coffee.
Big data, big money... big trouble? 💱

In the latest #EUIUpFront, @competitionprof.bsky.social, Head of the @eui-law.bsky.social, & ‪@ivanenadic.bsky.social‬, @eui-schuman.bsky.social Research Fellow, discuss the shifting balance of power between tech giants & the state.

📹 Watch: buff.ly/a6gdlPG
May 30, 2025 at 5:47 AM
As @jeffjarvis.bsky.social might say: blaming the decades-old collapse of local journalism on one company - no matter how big - is grotesque. Correlation isn’t causation, even if you’ve got a Nobel Prize.
May 14, 2025 at 5:18 AM
The legal illnesses of the EU surface from this 🔥 thread by @lugaricano

1️⃣ Integration through law bureaucratised Europe breaking our ability to build

2️⃣ Infatuation w/ a European 3rd way led to dismiss existing solutions that scale

works across energy, health, digital, …
This Draghi piece is a quiet indictment on the
@EUCommission's failure on its core Treaty mandate: "establishing the internal market" & ensuring "free movement of goods, persons, services and capital."
His facts are devastating. A thread summarizing them and drawing some consequences.
1/
May 1, 2025 at 12:56 PM
The antitrust cases in @FTC v Meta and US v Google are strong examples of a phenomenon known in economics as 'time inconsistency'. What seems like efficient correction today may lead to unintended economic distortions tomorrow. A thread 🧵1/n.
April 25, 2025 at 2:48 PM
Quick puzzle on the US v Google remedy trial. Press coverage suggests the Government's focus is as much punitive/deterrent as restorative. So why is the Gov pushing for a breakup? From a legal standpoint, there are better options than breakups for punishment or compensation 1/n
April 23, 2025 at 2:43 PM
Reposted by Nicolas Petit
@competitionprof.bsky.social asks - would George Stigler approve of regulating big tech?

See Stigler's foundational paper 👇

www.jstor.org/stable/3003160

#StiglerAntitrust25
www.jstor.org
April 11, 2025 at 7:48 PM
Interesting exhibition in DC.
April 6, 2025 at 7:25 PM
Interesting new GenAI feature that Meta rolled out on WhatsApp. As I wrote in my 2020 book, winner-takes-most dynamics in digital often arise from a process of competition *for* the best User Interface (UI) #AI 1/n
March 29, 2025 at 7:05 PM
Reposted by Nicolas Petit
Apparently, if you want an LLM trained on the corpus of my writing and research, Meta is the one for you.
March 21, 2025 at 6:56 AM