This is but the latest example of how Meta has built a trillion-dollar business using willfully unfair, anticompetitive, deceptive, and unconscionable practices, terms used by judges who have found its practices unfair and illegal. 

he Center for Media and Digital Governance at Open Markets joined a coalition letter urging the Australian government to maintain strong copyright protections for creators and journalists amid reports that officials are considering exempting AI companies from copyright obligations when training their models. CMDG warned that weakening these protections would undermine rights holders’ ability to control and negotiate compensation for the use of their work and could set a harmful international precedent.

In this issue, we explore how a new open-weight AI model from France’s Mistral will affect market structure. We also describe a new report by Open Markets on how the AI bubble will pop soon, and what policymakers should do.

Our report in partnership with Americans for Financial Reform outlines vulnerabilities in the financial system and wider economy that could intensify an AI crash into the next financial crisis, and provides steps that policymakers can take to mitigate the damage and protect everyday people from bearing the costs.

This report with Americans for Financial Reform is an urgent warning: it details how the money pouring into AI could spiral into an economy-wide crisis and lays out recommendations for policymakers on how to keep an AI crash from devastating ordinary people’s finances.

Senior legal analyst Daniel Hanley and AI policy lead Arnav Rao argue that AI companies do not need an antitrust exemption to coordinate on safety, and should instead use a broadly representative, government-supervised standards body that preserves competition while setting clear safeguards for frontier AI development.

In this issue, we detail our successful two-day antimonopoly conference in Paris on how U.S. tech corporations threaten human liberty and European democracy and sovereignty, and look at the potential dangers posed by Fox’s takeover of Roku.

CMDG Director Courtney Radsch warns that the Paramount–Warner Bros. Discovery settlement will deepen media concentration, arguing that stronger antitrust enforcement and policies curbing Big Tech’s control over information markets are needed to protect jobs, plurality, and independent journalism.

Open Markets Institute urges Minnesota to curb mega-dairy expansion and reform dairy markets, warning that growing consolidation is pushing family farms out of business while shifting economic, environmental, and infrastructure costs onto rural communities.

In a groundbreaking new legal paper, Sandeep Vaheesan argues that companies that systematically violate laws to undercut rivals are engaging in an unfair method of competition and that the FTC can and should take action. This includes Big AI copyright law violations.