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The Digital Economy

Antitrust and Competition

Digital Platforms Should Contribute to the Enforcement of Sector-Specific Regulations

Augustin Chapuis-Doppler
Tech companies often rely on the European Union’s outdated e-Commerce Directive to oppose and undermine new laws and regulations. The EU should overhaul the...
Antitrust and Competition

How Does the House Antitrust Report on Digital Markets Compare to Others Around the World?

Filippo Lancieri
While the House Majority Report on digital platforms, published earlier this month, differs from other analyses both in terms of its structure of analysis...
Antitrust and Competition

Addictive Social Media: Why We Need Regulation and Competition for Digital Platforms

Ariel Hsieh
Social media is associated with the prevalence of mood disorders, depression, and anxiety. With no regulations to address the dangers of addictive digital content,...
Antitrust and Competition

Contextualizing the Dispute Between Australia, Facebook, and Google

Filippo Lancieri
The Australian Competition and Consumer Commission's draft news media bargaining code for digital platforms has elicited aggressive responses from both Google and Facebook and...
Antitrust and Competition

Competition in Digital Markets: What Have We Learned So Far?

Filippo Lancieri
A new Stigler Center working paper systematically analyzed and summarized 21 reports issued by 17 antitrust authorities and expert panels on the subject of...
Antitrust and Competition

How US Regulators Allowed Google and Facebook to Become Dominant

Filippo Lancieri
The UK's Competition and Markets Authority recently criticized Google and Facebook's excessive market power. American regulators, on the other hand, have allowed them to consolidate...
Antitrust and Competition

How to Restore Competition in Digital Advertising Markets and Protect Users

Filippo Lancieri
The UK's Competition and Markets Authority is considering a range of interventions in digital advertising markets, among them obliging Google to share click and query...
Antitrust and Competition

How Google and Facebook Made Digital Advertising Markets Increasingly Opaque to Protect Their Dominance

Filippo Lancieri
According to the British Competition and Markets Authority, barriers to entry are so high that not even Amazon is a real threat to Google...
Antitrust and Competition

The Trump Administration Attacks the Stigler Report on Digital Platforms

Luigi Zingales
President Trump’s 2020 Economic Report finally confronts the issue of antitrust enforcement both in the traditional economy and in the digital one. While it...
Antitrust and Competition

Facebook’s Enduring Control Over Social Media Markets

Filippo Lancieri
According to the British Competition and Markets Authority (CMA), Facebook accounts for 75 percent of the UK’s social media market. Over the past 10 years,...
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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.