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The Digital Economy

Big Tech

Economists Agree That Stronger Legal Liability for Online Platforms Would Reduce Disinformation

Will Macheel
Will increasing the liability of internet platforms mitigate disinformation? Economists weighed in on the effects of limiting or repealing protections for Big Tech through a recent survey from the Forum for the Kent A. Clark Center for Global Markets—previously the Initiative on Global Markets—at the University of Chicago Booth School of Business.
Antitrust and Competition

How To Handle Big Tech Acquisitions Under Uncertainty

Daniel McCuaig
The Federal Trade Commission recently failed to stop Meta’s acquisition of virtual reality company Within, while the Department of Justice is now attempting to...
Antitrust and Competition

Fair Treatment of Consumers at Any Price?

Walter Beckert
Many scholars and policymakers have suggested regulating firms’ ability to price discriminate between consumers when they operate in a market prone to inactive users,...
Antitrust and Competition

Understanding the DOJ’s Decision To Seek a Jury Trial in the Google Ad Tech Case

Samuel Weinstein
The Department of Justice recently sued Google for conduct relating to its ad tech services, accusing the search giant of unlawful monopolization. In an...
Regulation

Crypto-Influencers Give Poor Investment Advice — and the SEC is Taking Notice

Joseph Pacelli
New research reveals that cryptocurrency advice from social media influencers could lead investors to lose money on average. Are regulators doing enough to protect...
Antitrust and Competition

Meta-Within Should Be Viewed in the Context of Meta’s Broader Efforts To Monopolize Social Networking

Brandon Nye
A California court recently denied the FTC’s motion to block the Meta-Within merger. Brandon Nye writes that the FTC could have expanded its argument...
Antitrust and Competition

Antitrust Needs Better Models for Estimating Social Welfare in the Digital Age

Seth G. Benzell
In a forthcoming article, Seth Benzell and Felix Chang explore how antitrust regulators can use insights from a new quantitative model of Facebook that...
Regulation

Destabilizing Digital “Bank Walks”

Naz Koont
Bank regulators have always assumed that bank deposits are ‘sticky,’ but the advent of digital banking is changing that. New research focuses not on...
Antitrust and Competition

Data, Context and Competition Policy

Elettra Bietti
Data has a tendency to be misunderstood. It is often compared to a raw material like oil, waste, or capital. Elettra Bietti argues that...
Big Tech

Capitalisn’t: What’s in the Twitter Files and What Does It Mean?

ProMarket writers
In the March 30 episode of Capitalisn’t, Bethany McLean and Luigi Zingales discuss the Twitter Files, why so much of the mainstream media 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.