Mihir Gandhi
Coronavirus
Option-Based Credit Spreads Signal a Recession, but the US Stimulus Will Soften the Blow
Over the past month, option-based credit spreads spiked and remain at elevated levels. The surge signals that a recession is at our door, but...
Latest news
Commentary
The Many Faces of Stigler’s Theory of Economic Regulation: Interest Group Politics Still Thrives—But Industry Often Comes Second
Stigler treats industry groups as the heavyweights in regulatory contests. But surprisingly often groups of farmers and workers knock them for a...
Antitrust and Competition
Why the FTC Should Consider Size in Drug Mergers
Large pharmaceutical firms retain their dominance through size-related advantages in three areas: contracting, marketing and selling, and financing. When reviewing pharmaceutical mergers,...
Antitrust and Competition
In FTC vs. Facebook, the Government Lost the First Round. It Could Still Win the Fight.
Despite some compelling allegations, a federal judge dismissed the FTC's antitrust complaint against Facebook due to the agency’s failure to explain how...
Antitrust and Competition
A New Antitrust Under Biden? Lessons From the Presidency of Theodore Roosevelt
The early history of the Sherman Antitrust Act offers relevant insights to contemporary debates on how to best enforce antitrust laws. In...
Antitrust and Competition
“This Isn’t the Kind of Journalism That Serves Democracy Best”: How Place and Privilege Came to Define American News
In an interview with ProMarket, University of Illinois at Urbana-Champaign professor Nikki Usher discusses how news in the US came to be...
Commentary
The Incoming Currency War
Four powerful forces—cryptocurrencies, the decoupling of geographical and monetary boundaries, ad-based digital platforms’ foray into the world of platforms, and the value...
Antitrust and Competition
Should Google Still be Allowed to Crown the Kings in Digital Markets?
Google search is continuously evolving into a full service provider, directly selecting and presenting the information that we are looking for. At...
