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The Role of the State

Antitrust and Competition

The FTC Was Correct to Withdraw the Vertical Merger Guidelines

Steven Salop
The 2020 Vertical Merger Guidelines, now withdrawn by the FTC, did not represent sound merger policy, argues Steven Salop; rather, they were overly defendant-friendly...
Antitrust and Competition

Why a “Whole-of-Government” Approach is the Solution to Antitrust’s Current Labor Problem

Hiba Hafiz
For the majority of America’s regulatory history, the problem of employer monopsony was understood as a competition policy issue that required direct government-wide labor...
Antitrust and Competition

Antitrust Law’s Unwritten Rules of Unfair Competition

Sandeep Vaheesan
Does the Sherman Act actually “protect competition, not competitors”? An examination of the case law reveals a more nuanced picture, in which the courts...
Antitrust and Competition

The New Brandeis Movement and International Antitrust Enforcement

Yair Eilat
US competition authorities’ top officials, being appointed by a recently-elected president to represent the will of the voters, have the legitimacy to use antitrust...
Antitrust and Competition

Lessons from the Past? How Ordoliberal Competition Theory Can Address Market Power in the Digital Age

Isabel Oakes
Some of the lessons uncovered by ordoliberal thinkers during the interwar period in Germany could help us tackle the current challenges posed by the...
Antitrust and Competition

Frances Haugen’s Leaking of the Facebook Papers Will Hurt Decision-Making at Tech Companies

Matt Perault
Despite Mark Zuckerberg’s assurances that Facebook will continue its research program, it seems almost inevitable that the company will narrow the scale and scope of the...
Antitrust and Competition

Antitrust’s Labor Market Problem

Eric A. Posner
A series of academic studies in recent years highlighted the fact that labor markets are often highly concentrated and that employers use anticompetitive methods...
Antitrust and Competition

Facebook’s Responses to Criticism Sound Too Good to Be True

David Carroll
The Facebook Papers show how Facebook’s relentlessly positive and defiant PR messaging is not plausible anymore. Hence, a rebrand. It sounds too good to be...
Antitrust and Competition

The European Union’s Big Policy Bet Against the Tech Giants

Philip Hanspach
If EU policymakers are truly concerned about restoring competitiveness to digital markets, they need to adjust their expectations when it comes to data access...
Antitrust and Competition

Tech Platforms and the Antitrust Duty to Deal

Erik Hovenkamp
Why is there a widespread view that existing American antitrust law is ill-equipped to address dominant platforms that exclude or discriminate against rivals? How...
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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.