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Lessons From General Electric Show Why We Need a Merger Cap

In new research, Carl T. Bogus uses General Electric as a case study to argue that regulators should prohibit companies that have reached a certain size from growing through mergers and acquisitions due to more common inefficiencies and their outsized harms to stakeholders and society.

For My Enemies, Tariffs; For My Friends, Exemptions

New research from Veljko Fotak, Hye Seung Grace Lee, William Megginson, and Jesus Salas shows that the United States tariff exemption process during the...

Antitrust from Trump to Biden to Trump

The new Trump administration’s antitrust leaders are unexpectedly maintaining the Biden administration’s enforcement priorities, including the 2023 Merger Guidelines. Eric Posner explains why this...

The False Crisis Pushing Delaware to Surrender Shareholder Rights

Delaware lawmakers are being pressured to pass SB 21, a bill that would weaken shareholder protections and reduce judicial oversight of corporations. Alan Jagolinzer,...

New Research Shows the Revolving Door Costs Taxpayers Billions

New research by Logan Emery and Mara Faccio systematically maps the movement of former regulators into the private sector and assesses its impact on...

Teaching Bezos a Lesson in Free Markets

Luigi Zingales invites guest contributors to the Washington Post’s op-ed pages to boycott the opinion section in response to the recent decision by the...

ProMarket is the Place for Debate

Brooke Fox writes about ProMarket as a digital space where intellectual debate can take place without the influence of special interests. Who should control the...

Concentration in Social Media Undermines Product Design Quality and User Experience

Alissa Cooper and Zander Arnao argue that a lack of competition in social media has allowed dominant platforms to design algorithms to maximize for...

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.

Peltzman Finds “Marriage Premium” in Happiness Data

New research by Sam Peltzman finds that married individuals consistently report significantly higher happiness levels than unmarried individuals across all demographics. Using five decades...

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