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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

The House’s Recent Spate of Antitrust Bills Would Change Big Tech as We Know It

If enacted, the five bills that were introduced in the House this month would represent the most dramatic statutory changes to US...
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Antitrust and Competition

Europe Lacks a Vision for How Apple’s App Store Fees Should Work

The European Commission believes that Apple is violating European competition laws and raising prices for consumers in how it operates its App...
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Antitrust and Competition

Forcing Interoperability on Tech Platforms Would Be Difficult to Do

Governments around the world seem to be on a path to turn the leading tech firms into public utilities. Interoperability is likely...
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Antitrust and Competition

Reviewing Facebook’s Mergers Could Have Negative Ripple Effects

How the pre-merger notification regime came about and why we should be careful about discouraging useful mergers.
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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

How the Rise of Labor Market Power Helps Explain the Fall of US Manufacturing Employment

James Traina, Ivan Kirov
A new working paper explores the increase in labor market power in the US and what’s driving it. It shows manufacturing workers...
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Economic History Series

How Manufacturing’s Lobby Won and Lost its Political Influence

Jennifer Delton
What happens when supporting capitalism hurts capitalists? Do business lobbies ever control the economy to the extent we think they do? The...
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Antitrust and Competition

How Apple Locks Out the Competition with Its Digital Key

Adam Levitin
Apple’s efforts to dominate the contactless payments market and lock up the “digital key” space pose a profound threat to consumer privacy...
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Antitrust and Competition

The Dawn of Antitrust and the Egalitarian Roots of the Sherman Act

Sanjukta Paul
While it isn’t particularly controversial that concentrated economic power was a legislative target of the Sherman Act, when read as a corollary...
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Economic History Series

The Varied Ideologies—and Practices—of Socialist Nations in the Developing World

Jeremy Friedman
In an excerpt from his new book Ripe for Revolution: Building Socialism in the Third World, Harvard Business School professor Jeremy Friedman...
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Corporate Governance

How Much Can We Trust Index Funds on Climate Change?

Roberto Tallarita
According to a theory that is gaining support among academics and practitioners, we should expect index fund managers to undertake the role...
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Antitrust and Competition

The Ties that Bind Workers to Firms: No-Poach Agreements, Noncompetes, and Other Ways Firms Create and Exercise Labor Market Power

Evan Starr
Collusive no-poach agreements are per se illegal, but noncompete clauses are not. Recent research casts doubt on the rationale for this legal...
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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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