type here...

The 2017 FCC Spectrum Auction

News

Spectrum Auctions: There Is Elegance in the Mundane

Anthony Lee Zhang
As a student, Booth School Professor Anthony Lee Zhang was puzzled that Paul Milgrom chose to spend so much of his time...
Read more
Antitrust and Competition

Should We Leave Public Resource Allocation to the Experts? Glen Weyl Responds to Paul Milgrom

Glen Weyl
Glen Weyl, Microsoft’s Office of the Chief Technology Officer Political Economist and Social Technologist, responds to Paul Milgrom’s criticisms of his recent...
Read more
Antitrust and Competition

Was the 2017 FCC Spectrum Auction a Success—or a Disappointing Failure?

Asher Schechter
In a post published on his company’s website, Stanford professor Paul Milgrom responded to the recent ProMarket pieces by Glen Weyl and...
Read more
Antitrust and Competition

It Is Such a Small World: The Market-Design Academic Community Evolved in a Business Network

Stefano Feltri
Private equity funds such as Michael Dell's MSD Capital made hundreds of millions of dollars in profits from the 2017 FCC spectrum...
Read more
Antitrust and Competition

How Market Design Economists Helped Engineer a Mass Privatization of Public Resources

Glen Weyl
In 2017, the Federal Communications Commission conducted a complex two-sided auction to reallocate spectrum from broadcasters to mobile communications companies. The way...
Read more

Latest news

Antitrust and Competition

How to Make the Market for Real Estate Agents More Competitive

Sophia Gilbukh, Paul Goldsmith-Pinkham, Michael Sinkinson
Delinking buyer and seller commissions will make markets for real estate agent services more competitive, allowing buyers and sellers to negotiate commissions...
Read more
Corporate Governance

Dislocation, Dislocation, Dislocation: Covid, the Retail Crisis, and REITs

Mark Pilkington
In an excerpt from his new book Retail Recovery, retail expert and author Mark Pilkington explores the impact of the sector's decline...
Read more
Corporate Governance

Addressing Climate Change Must Begin with Verifiable Carbon Accounting

Robert Kaplan, Karthik Ramanna
Robert Kaplan and Karthik Ramanna propose a new approach for verifiable accounting on indirect corporate emissions that would apply to all corporations,...
Read more
Antitrust and Competition

The FTC Was Correct to Withdraw the Vertical Merger Guidelines

Steven Salop
The 2020 Vertical Merger Guidelines, now withdrawn by the FTC, did not represent sound merger policy, argues Steven Salop; rather, they were...
Read more
Economic History Series

The Chicago Planning Program and the Interdisciplinary Tradition of the Chicago School

Daniel Kuehn
The Chicago Planning Program, an interdisciplinary program that operated at the University of Chicago between 1947 and 1956, is an often-neglected part...
Read more
Antitrust and Competition

Why a “Whole-of-Government” Approach is the Solution to Antitrust’s Current Labor Problem

Hiba Hafiz
For the majority of America’s regulatory history, the problem of employer monopsony was understood as a competition policy issue that required direct...
Read more
Antitrust and Competition

Antitrust Law’s Unwritten Rules of Unfair Competition

Sandeep Vaheesan
Does the Sherman Act actually “protect competition, not competitors”? An examination of the case law reveals a more nuanced picture, in which...
Read more
View All

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.

About Us

Categories

What we are readingAntitrust and CompetitionNewsRegulatory CaptureMediaRent seeking