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Digital Platforms

Antitrust and Competition

Paul Romer: “If You Think Moderation is Censorship, You’ve Got a Competition Problem”

Jana Kasperkevic
During a Stigler Center keynote webinar, Nobel laureate Paul Romer discussed concentration problems in the US and possible solutions, including a “pigouvian”...
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Digital Platforms

The “Next Frontier of Propaganda”: Micro-Influencers are Paid to Spread Political Messages, Disinformation

Jana Kasperkevic
Online influencers aren’t in the business of promoting just products anymore. New research finds that micro-influencers are increasingly used to spread political...
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Antitrust and Competition

Digital Markets Act: Policy Choices and Conditions for Success

Alexandre de Streel
Last month, the European Commission introduced an ambitious new set of rules for digital platforms, the Digital Markets Act. Here is what...
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Antitrust and Competition

The Silent Coup

Luigi Zingales
President Donald Trump's seditious actions are exposing the political power that Twitter, Amazon, Google, Apple, and Facebook enjoy. Banning him from their...
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Antitrust and Competition

How Will the Digital Markets Act Regulate Big Tech?

Cristina Caffarra, Fiona Scott Morton
While the recently introduced Digital Markets Act rules might change prior to final approval, there is a lot to consider already. What...
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Antitrust and Competition

Why Isn’t the FTC Tackling Facebook’s Data-opoly?

Maurice E. Stucke
Nothing in the FTC’s and states’ complaints’ prayer for relief seeks to give users greater control over their data, such as not...
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Antitrust and Competition

“A Loaded Weapon”: Francis Fukuyama on the Political Power of Digital Platforms

Asher Schechter, Filippo Maria Lancieri
In an interview with ProMarket, Francis Fukuyama discusses the political threat posed by digital platforms and why he believes a “middleware” solution...
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Antitrust and Competition

Digital Platforms Should Contribute to the Enforcement of Sector-Specific Regulations

Augustin Chapuis-Doppler, Vincent Delhomme
Tech companies often rely on the European Union’s outdated e-Commerce Directive to oppose and undermine new laws and regulations. The EU should...
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Antitrust and Competition

How Does the House Antitrust Report on Digital Markets Compare to Others Around the World?

Filippo Maria Lancieri
While the House Majority Report on digital platforms, published earlier this month, differs from other analyses both in terms of its structure...
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Antitrust and Competition

Addictive Social Media: Why We Need Regulation and Competition for Digital Platforms

Ariel Hsieh, Fiona Scott Morton, J. Niels Rosenquist, Samuel Weinstein
Social media is associated with the prevalence of mood disorders, depression, and anxiety. With no regulations to address the dangers of addictive...
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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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