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Research

Antitrust and Competition

Dark Money Dominates Spending by Special Interest Groups and Sways Elections

Matthew Denes
New research on undisclosed and unlimited political contributions, or dark money, exposes the increasing role that such funds play in U.S. elections. Undisclosed and unlimited...
News

Voters Still Believe Politics is About the Common Good, Not Just Rent-Seeking

Chad Kendall
Do voters still believe that politics can be a source for common-good policies and not just partisan bickering and rent-seeking? With political polarization at...
Antitrust and Competition

The Understated Relationship Between Market Dominance and Political Influence

Dana Foarta
A new model explains the feedback loop between monopolies and politicians and the unexpected developments in the relationships between the two, as well as...
News

The Mechanisms of Regulatory Capture

Filippo Lancieri
To mark the 50-year anniversary of George Stigler’s seminal piece, “The Theory of Economic Regulation” we are publishing a new eBook examining his theory’s...
News

Firms Gerrymander Ownership of Polluting Plants to Reap Public and Regulatory Benefits

Janet Gao
New research has discovered that many companies who appear to sell, or ‘divest,’ their toxic plants, actually retain relationships with their buyers. Despite the...
Money in Politics

Characteristics and Behavior of the Rising Class of Small Campaign Donors

Laurent Bouton
New research on US political donations under $200 reveals characteristics of these donors as well as their motivations. A  Q&A with the authors of...
Income Inequality

Do Protests Matter At All for Shifting Government Policy Around Economic Redistribution?

Belinda Archibong
New research on the effectiveness of protests on government distributions provides insights into the political incentives of a country’s leadership and the resulting economic...
ESG, Corporate Governance & Future of the Firm

How Enlightened is Enlightened Shareholder Value?

Lucian Bebchuk
There has been growing support for replacing the traditional corporate purpose with so-called “enlightened shareholder value,” which would guide firms to consider stakeholder interests...
Economic History

Corporate Sovereigns and the Emergence of State Sovereignty: A Closer Look at the East India Company

Swati Srivastava
A new data collection has made it possible to reveal the self-sovereignty of the English East India Trading Company that produced a company-state and...
Antitrust and Competition

New Data Shows the Rise of Corporate Concentration in the US in the Past 100 Years

Yueran Ma
New research observing 100 years of concentration in economic activities and investment in research and development shows that the dominance of large businesses has...
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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.