Commentary

Pluralism in Media Markets Is About Democracy, Not Economics

Media pluralism is a core democratic value in Europe. Upholding it requires that media concentration is scrutinized beyond its impact on competition in the traditional economic formulation. By addressing the challenges posed by dominant media players and fostering a diverse information ecosystem, Europe aims to uphold media plurality as a democratic value and ensure that citizens can engage in informed decision-making. From this angle, the European approach to protecting media pluralism might offer an interesting comparative  perspective for the United States debate, write Maciej Bernatt and Marta Sznajder.

The Real Target of Trump’s Crypto Strategy is the Federal Reserve

The United States President has halted plans for a central bank digital currency: a mere show of strength to undermine the Fed’s independence, writes...

How To Enforce the Robinson-Patman Act Under a Raising Rivals’ Cost Approach

Steven Salop explores the presumptions and evidence that could undergird Commissioner Melissa Holyoak’s preferred “Raising Rivals’ Cost” approach to the enforcement of the Robinson-Patman Act.

America’s Advantage in Clean Production Can Make Manufacturing Great Again

Karthik Ramanna writes that if the United States adopts a trade policy based on a dynamic emissions accounting method, it can achieve President Donald Trump’s goal of leveling the manufacturing playing field for American companies by penalizing foreign “dirty” producers, while also mitigating inflation and the risk of a trade war.

Expert Economist Testimonies Are Challenged More Often in Antitrust Cases

In a new working paper, Edoardo Peruzzi shows that under the Daubert standard for admissibility of expert witness, economists face more frequent challenges in antitrust litigation than in other legal domains, like patent or labor law. Additionally, plaintiffs’ experts are more likely to face a Daubert challenge than defendants’ experts.

What’s Ahead For The U.K.’s Industrial Policy Under Labour

The United Kingdom has struggled to implement long-term industrial policies in recent decades, writes Diane Coyle, a trend the new Labour Party promises to...

On This Inauguration Day, Can We Still Agree on What It Means To be American?

Polarization has sundered American politics and the crucial exchange of ideas and opinions underpinning its democracy. Karthik Ramanna writes that on this inauguration day,...

The TikTok Ban Is a Case Study in American Political Economy 101

Utsav Gandhi relates recent developments in the American government’s ban on TikTok and shows how the case maps over broader debates about conflicts between...

Did the Mouse Outfox the Fox? The Fubo Settlement, Disney, and the Death of the Venu Sports-Streaming Venture

Reviewing the literature pioneered by Richard Gilbert and David Newbery, Steven Salop finds that the recent settlement between sports-streaming services Fubo and the Venu...

The Trends and Cases That Will Define European Antitrust in 2025

Four antitrust and competition experts predict the trends and cases that will define European antitrust in 2025. Enforcement of the Digital Markets Act in 2025 Marco...

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