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The Role of the State

Industrial Policy

Industrial Policy Is a Seductive Mirage

Michael C. Munger
Industrial policy was once so out of fashion that it was jokingly called “the policy that shall not be named.” Now it’s back in...
Antitrust and Competition

Antitrust Deregulation is Undermining Innovation

Giovanni Morzenti
A 2000 amendment to the Hart-Scott-Rodino Act made it easier for firms to merge without notifying US antitrust authorities. In new research, Giovanni Morzenti...
Industrial Policy

A New Framework for Better Industrial Policies

Chiara Criscuolo
Industrial policy was once so out of fashion that it was jokingly called “the policy that shall not be named.” Now it’s back in...
News

For the FDA, Fewer Regulations Can Create Safer Products

Parker Rogers
The US Food and Drug Administration is tasked with protecting consumers from unsafe food and medical products. In new research, Parker Rogers finds that...
Antitrust and Competition

The FTC’s Non-Compete Ban Will Force Questions Over the Scope of its Authority

Randy Picker
To understand why a proposed rule could spark a Supreme Court battle over the Federal Trade Commission’s powers to regulate the American economy requires...
Antitrust and Competition

Survey Highlights Backlash to Increasingly Political Corporate America

Brooke Fox
A recent poll shows that 71% of Americans view large companies negatively. The change has been driven by Republicans who dislike the rise of...
Antitrust and Competition

The Paramount Decrees and the Deregulation of Hollywood Studios

G. Vaughn Joy
A landmark antitrust decision on Hollywood will sunset this year, paving the way for more major studios to overpower independent producers and exhibitors. A...
Antitrust and Competition

Antitrust Misunderstands Innovation. This Is How We Fix It.

Ketan Ahuja
Antitrust misunderstands innovation by focusing almost entirely on incentives to innovate to the neglect of questions regarding the ability to innovate through sharing knowledge...
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...
Antitrust and Competition

Unfair Methods of Competition

Cory Doctorow
The FTC’s new policy on unfair methods of competition is an assertion of the original purpose of the agency, allowing it to take on...
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The publication of the Stigler Center at The University of Chicago Booth School of Business

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.