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Digital Platforms

Antitrust and Competition

Why Are Google and Facebook Now Okay with Australia’s News Media Bargaining Code?

Derek Wilding
A week of commercial deals and government negotiations has resulted in a series of amendments to the legislation aimed at making Google...
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Antitrust and Competition

“Free is Not Free”: What the Apple-Facebook Spat and the GameStop-Robinhood Fiasco Have in Common

Asher Schechter
In an interview with ProMarket, antitrust scholar, lawyer, and businesswoman Dina Srinivasan explains why she believes that if users were given the...
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Antitrust and Competition

Big Tech’s Fight Over Privacy: Could Facebook Win an Antitrust Lawsuit Against Apple?

Herbert Hovenkamp
Do the new iOS 14 privacy features violate antitrust laws? If Facebook brings an antitrust suit against Apple, as it is reportedly...
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Antitrust and Competition

Giving Away Our Data for Free is a Market Failure

Nicholas Economides, Ioannis Lianos
By convincing users to give away their data for free, digital platforms have caused a market failure. This failure benefits them and...
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Antitrust and Competition

False News Has a Long History—But Those In Power Failed To Heed It

Samuel Woolley
In his book The Reality Game: How the Next Wave of Technology Will Break the Truth, Samuel Woolley explores how governments failed...
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Antitrust and Competition

The Great Deplatforming: Can Digital Platforms Be Trusted As Guardians of Free Speech?

Robert Sprague, Mary Ellen Wells
Online social media platforms accepted the role of moderating content from Congress in 1996. The Great Deplatforming that occurred after January 6...
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Antitrust and Competition

Digital Platforms May Be Monopolistic Providers, But They Are Not Infrastructure

Carlo Amenta, Michele Boldrin, Carlo Stagnaro
Social media platforms are not infrastructure nor natural monopolies, and they should be regulated only if they have monopolistic power and abuse...
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Antitrust and Competition

The Digital Markets Act Represents a Change in Europe’s Approach to Digital Gatekeepers

Florence G’sell
The Digital Markets Act is not a competition tool as such. Rather, it is a market regulation whose main objective is to...
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Antitrust and Competition

There Are Lots of Competition Problems on the Internet. Parler’s Takedown Is Not One of Them.

Hal Singer
Parler’s antitrust case against Amazon is doomed, and there is no basis for Congress to impose any special duties on Amazon to...
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Antitrust and Competition

“An Offer We Can’t Refuse”: How We Gave Away Our Data and Made Big Tech What It Is Today

Tommaso Valletti
WhatsApp’s new terms of service should come as no surprise. For years, Big Tech has been offering its users these “take it...
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Latest news

News

Stigler’s Interest-Group Theory of Regulation: A Skeptical Note

Cass Sunstein
As a rule, regulation is not acquired by “the industry,” and it is not designed and operated primarily for its benefit. The...
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Antitrust and Competition

The Durable Impact of Stigler’s Theory of Economic Regulation

Sam Peltzman
George Stigler’s “The Theory of Economic Regulation” was an early application of public choice reasoning to a practical problem—the work of regulatory...
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News

Economic Regulation After George Stigler

Filippo Maria Lancieri, Luigi Zingales
George Stigler’s “The Theory of Economic Regulation” has left a lasting impact on the academic and real-world practice of regulatory policy. Fifty...
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Coronavirus

Female Academics Are Disproportionately Affected By Covid-19 Disruptions In Childcare

Tatyana Deryugina, Olga Shurchkov, Jenna Stearns
A new paper finds that academics who are parents to young children, and especially mothers, have lost a significant amount of research...
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Antitrust and Competition

Rethinking Competition: From Market Failures to Ecosystem Failures

Michael G Jacobides, Ioannis Lianos
Despite the overwhelming importance of digital platforms, and the chatter around their recent rise, our understanding of digital ecosystems is still limited....
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Corporate Governance

A Famed Economist’s Public Company U-Turn

Brian Cheffins
Michael Jensen, a leading late 20th century economist, pivoted from praising public companies in the 1970s to assailing public company governance in...
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Antitrust and Competition

Chinese Antitrust 2.0: Why Is China Going After Its Big Tech?

Jana Kasperkevic
In an interview with ProMarket, Angela Huyue Zhang, author of a new book Chinese Antitrust Exceptionalism, discusses the motivations behind the recent...
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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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