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Randy Picker

Randal C. Picker is the James Parker Hall Distinguished Service Professor of Law at the University of Chicago Law School and Senior Fellow at the Computation Institute of the University of Chicago and Argonne National Laboratory.
Antitrust and Competition

Kicking Around Section 230: Don’t Confuse Politics and Policymaking

Congressional hearings may make for good TV and viral social media posts, but reforming Section 230 would be more difficult than it...
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Antitrust and Competition

Structural Separation and Self-Preferencing: What are the Right Lessons of History?

IBM’s entry into the PC market can teach us a lot about the risks involved with the sort of structural separations recommended...
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Antitrust and Competition

The House’s Big Tech Hearing: Break Ups Large and Small?

Last week’s epic House hearing on online platforms raised many issues, chief among which was the question who gets to operate at...
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Antitrust and Competition

At the Heart of the European Commission’s Investigations of Apple Is a Basic Question: How Should Apple Make Money?

Just like Spotify, Apple has amassed an installed base of users. Spotify sells its users to advertisers while Apple sells its users...
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Antitrust and Competition

The European Commission Picks a Fight with Google Android over Business Models

UChicago Law’s Randy Picker puzzles over the rationale behind last week’s multibillion-euro fine on Google by the European Commission. While the decision makes a...
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Antitrust and Competition

With Amex Ruling, Modern IO Theory Makes Important Inroads with SCOTUS

SCOTUS Forum. In this second post in our roundtable of op-eds on the Supreme Court’s June 25 Amex decision, UChicago’s Randy Picker looks at...
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Antitrust and Competition

AT&T Shellacs the Government in Time Warner Merger Case

Professor Randy Picker of the University of Chicago Law School offers an early take on yesterday’s AT&T-Time Warner decision.     The US government got its clock...
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Antitrust and Competition

Platforms and Adjacent Market Competition: A Look at Recent History

Chapter 7 of our Digital Platforms and Concentration conference ebook looks at some critical junctures in the history of competition between Big Tech companies...
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Latest news

News

President-Elect Joe Biden and the Real Lessons of DuPont

Guy Rolnik, Roy Shapira
Simply talking corporate America into being more responsible is not enough. It may get corporations to talk the talk, but not to...
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Corporate Governance

How Companies Spin Off Environmental Liabilities to Avoid Legal Obligations

David F. Larcker, Andrew Baker, Brian Tayan
Environmental externalities are vexing for corporate decision makers, but some companies have figured out a way to deal with them: a spinoff....
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Coronavirus

How Pfizer’s Vaccine Announcement Demonstrates the Political Power of Firms

John M. Barrios, Luigi Zingales
By timing the disclosure of the results of its vaccine trial, Pfizer could have influenced the 2020 presidential election. This is worrisome...
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Antitrust and Competition

The Useful Distraction of Section 230

David Carroll
How the red-herring of a politicized Section 230 and “conservative censorship” distracts from a bipartisan national privacy act.
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Antitrust and Competition

Institution Man: How Corporations Came to Dominate the US Economy

Nicholas Lemann
In the first chapter of his book Transaction Man, Nicholas Lemann explores how Adolf Berle, author of The Modern Corporation and Private...
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Antitrust and Competition

Kicking Around Section 230: Don’t Confuse Politics and Policymaking

Randy Picker
Congressional hearings may make for good TV and viral social media posts, but reforming Section 230 would be more difficult than it...
Read more
Antitrust and Competition

Big Tech Platforms and Schumpeter’s Creative Destruction

Nicolas Petit
Schumpeter’s indirect entry theory fits the average tendencies of competition in digital industries. When the model is added to standard assumptions and...
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ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.

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