Regulatory Capture

The Decline of American Journalism Is an Antitrust Problem

Weak antitrust enforcement set the stage for Facebook and Google to extract the fruits of publishers’ labor. We won’t be able to save journalism...

Algorithms and AI Are Radically Changing Insurance. Regulators Are Behind the Curve

The growing use of artificial intelligence to price insurance could erode basic legal protections built into the law to protect both individuals and the...

Protecting the Independence and Integrity of Research: Introducing the Academic Capture Warning System

Inappropriate financial donor influence at institutions of higher education appears to be on the rise and risks eroding public trust in academic research. In...

Designating Tech Platforms as “Information Fiduciaries” Would Do Little to Address the Source of Their Power

The notion that Facebook, Google, and Twitter should be assigned fiduciary duties toward their end users has gained broad support in recent years. However, this...

Did Facebook and Google “Blackmail” EU Experts to Avoid Discussing Their Market Power?

A new report by the journalist network Investigate Europe claims representatives of Facebook and Google pressured members of an EU working group on fake...

Study: Political Connections Lower Companies’ Tax Rates and Risk of Being Audited

How does the revolving door between Congress and corporate America affect the enforcement of tax policy? A new study examines how tax rates change...

When American Capitalism Meant Equality

Americans used to have a relatively egalitarian view of markets. How did they come to accept extreme inequality as an innate part of their...

How to Mitigate the Political Impacts of Social Media and Digital Platform Concentration

Ahead of its annual conference on Digital Platforms, Markets and Democracy, the Stigler Center formed a committee to produce independent white papers that will...

The Political Footprint of Big Tech in Five Easy Charts

Big tech firms have been active in Washington since the early days of the Microsoft antitrust case, but in recent years they have increased...

Market Concentration, Regulation, and Europe´s Quest for a New Industrial Policy

Weakening competition policy in Europe risks creating monopolies rather than industrial champions. An interventionist style of industrial policy, one that revolves around picking winners, has...

Latest news

Prison Labor Can Create Perverse Incentives for Incarceration and Reduce Trust in Legal Institutions

Government proponents of prison labor should be mindful of the potential for negative effects, including increased incarceration rates and citizens’ deteriorating views...

Bethany McLean’s Weekend Reading List: Robinhood, Quibi, and Corporate America’s Addiction to Debt

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean. 

How Germany Managed to Outlaw Facebook’s Core Business Model

In a surprise ruling last month, the German Federal Court of Justice determined that Facebook must comply with an earlier decision by...

Tailoring Lockdowns for Developing Countries

The Covid-19 pandemic has decimated livelihoods in developing nations, and coronavirus-related deaths are rising in Africa and South Asia at an alarming...

Why Most Advertisers Can’t Afford to Boycott Facebook

While big brands can afford to pause their addiction to Facebook, most advertisers cannot participate, as they have become so dependent on...

Can Covid-19 Erode Young Individuals’ Trust in Politics for Decades to Come?

A new study shows that exposure to an epidemic during one's “impressionable years” (18-25) has a persistent negative effect on trust in...

The United States: An Exceptional Case? A Webinar With Stephen Haber, Richard R. John, and Luigi Zingales

Many see the US as a land where free markets and antitrust enforcement have historically kept monopolies under control. But is that...