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The Digital Economy

Antitrust and Competition

The Digital Markets Act Represents a Change in Europe’s Approach to Digital Gatekeepers

Florence G’sell
The Digital Markets Act is not a competition tool as such. Rather, it is a market regulation whose main objective is to guarantee equal...
Antitrust and Competition

There Are Lots of Competition Problems on the Internet. Parler’s Takedown Is Not One of Them.

Hal Singer
Parler’s antitrust case against Amazon is doomed, and there is no basis for Congress to impose any special duties on Amazon to deal with...
Antitrust and Competition

“An Offer We Can’t Refuse”: How We Gave Away Our Data and Made Big Tech What It Is Today

Tommaso Valletti
WhatsApp’s new terms of service should come as no surprise. For years, Big Tech has been offering its users these “take it or leave...
Antitrust and Competition

Paul Romer: “If You Think Moderation is Censorship, You’ve Got a Competition Problem”

Jana Kasperkevic
During a Stigler Center keynote webinar, Nobel laureate Paul Romer discussed concentration problems in the US and possible solutions, including a “pigouvian” tax, flexible...
Big Tech

The “Next Frontier of Propaganda”: Micro-Influencers are Paid to Spread Political Messages, Disinformation

Jana Kasperkevic
Online influencers aren’t in the business of promoting just products anymore. New research finds that micro-influencers are increasingly used to spread political messages and...
Antitrust and Competition

Digital Markets Act: Policy Choices and Conditions for Success

Alexandre de Streel
Last month, the European Commission introduced an ambitious new set of rules for digital platforms, the Digital Markets Act. Here is what it says,...
Antitrust and Competition

The Silent Coup

Luigi Zingales
President Donald Trump's seditious actions are exposing the political power that Twitter, Amazon, Google, Apple, and Facebook enjoy. Banning him from their platforms sets...
Antitrust and Competition

How Will the Digital Markets Act Regulate Big Tech?

Cristina Caffarra
While the recently introduced Digital Markets Act rules might change prior to final approval, there is a lot to consider already. What are these...
Antitrust and Competition

Why Isn’t the FTC Tackling Facebook’s Data-opoly?

Maurice E. Stucke
Nothing in the FTC’s and states’ complaints’ prayer for relief seeks to give users greater control over their data, such as not being tracked...
Antitrust and Competition

“A Loaded Weapon”: Francis Fukuyama on the Political Power of Digital Platforms

Asher Schechter
In an interview with ProMarket, Francis Fukuyama discusses the political threat posed by digital platforms and why he believes a “middleware” solution would be...
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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.