competitive markets

March 7, 2024, marks a significant date for the European Union and, potentially, the global digital landscape. A completely new set of rules for controlling competition will be fully applied. The Digital Market Act (DMA) reaches its final implementation milestone, aiming to create \"fair digital markets\" within the EU by curbing the influence of major tech companies.

It is telling that the public almost unquestioningly believes that the minimum wage helps low-income people in particular. But as the prominent Czech economist Robert Holman writes in his textbook on microeconomics, \"If economists agree on anything, it is that legislating a minimum wage increases unemployment.\"