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The Digital Economy

Big Tech

How Should the Law Tackle Rapidly Evolving Financial Technologies?

Oscar Borgogno
The last half-century has witnessed an explosion of technology changing how the financial landscape functions for customers and new and legacy banking providers alike....
Antitrust and Competition

Too Many Economists Are Using a Flawed Theory To Defend Dominant Platforms’ Self-Preferencing Practices

David J. Balan
Congress is currently considering two major bills that would regulate “self-preferencing” and related conduct by dominant digital platforms. Criticism of these bills is heavily...
Big Tech

The Economics of Content Moderation on Social Media

Rafael Jiménez-Durán
Social media platforms have moderated user-generated content since their inception. Economics helps us understand why they do it and how to regulate them. Social media...
Antitrust and Competition

The Tech Barons’ Ideological Platter

Maurice E. Stucke
Far from their self-promoted image as the world’s most innovative companies, the major tech platforms stifle plenty of innovation and invest in innovations that...
Antitrust and Competition

How to Design Data Protection Laws That Actually Work 

Filippo Lancieri
More and more countries are passing data protection laws, yet empirical studies show that these laws rarely deliver on their promises. A new paper...
Antitrust and Competition

The Critiques Against the American Innovation and Choice Online Act Miss the Mark

Aaron Schur
In an opinion piece, Yelp’s general counsel Aaron Schur argues that recent criticisms against the bill, which the Senate is expected to vote on,...
Antitrust and Competition

Two New Papers Suggest Antitrust Law is Not Equipped to Address Personalized Pricing and Algorithmic Cartels

Allen Grunes
Two recent articles by Michal Gal and Ramsi Woodcock look at pricing algorithms and consumer harm. Both identify potential nightmare scenarios and question the...
Antitrust and Competition

Why Congress Should Pass the American Innovation and Choice Online Act

Fiona Scott Morton
The bill, which is the Senate is expected to vote on soon, would improve competition, increase innovation, benefit consumers, and provide the US with...
Antitrust and Competition

Should the European Union Require Tech Firms to Adopt a Common Charger?

Federico Innocenti
According to a new European Commission directive expected to be approved in the next few months, tech firms will have to use a common...
Antitrust and Competition

How Europe Can Enforce the Digital Markets Act Effectively 

Alexandre de Streel
As the European Commission gets ready to embark on the complicated task of implementing the recently agreed-upon Digital Market Act, which would regulate Big...
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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.