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The Role of the State

Antitrust and Competition

2023 Antitrust and Competition Conference: Call for Papers

ProMarket writers
The Stigler Center is inviting submissions of short academic articles (up to 3000 words) focused on the development of a legal/economic standard that can...
Antitrust and Competition

Five New Pieces You Should Read from Chicago Booth Review

Emily Lambert
Chicago Booth Review recently published its fall issue covering a variety of new research. We suggest five articles from the issue on topics of...
Antitrust and Competition

How to Converge the US and European Antitrust Approaches Toward Big Tech

Michal Halperin
The growing consensus that Big Tech platforms need to be restrained creates a unique opportunity for international cooperation among antitrust enforcers. The complexity of...
Antitrust and Competition

Is Big Business Ungovernable? 

Roy Shapira
Regulators should dedicate more resources to pursuing big cases against the biggest market actors, even if it means compiling far fewer enforcement actions annually....
Antitrust and Competition

How Does Party-State Capitalism In China Interact With Global Capitalism?

Margaret M. Pearson
Excerpted from The China Questions 2: Critical Insights Into Us-China Relations, edited by Maria Adele Carrai, Jennifer Rudolph, and Michael Szonyi, published by Harvard...
Antitrust and Competition

When Rhetoric Confronts Economic Reality: Unsupported Efficiency Claims and Unenforceable Promises Cannot Save the Book Publishers Deal

Bill Baer
In trying to get their merger approved, Penguin and Simon & Schuster claimed massive, but unverified cost savings. They also have promised that their...
Antitrust and Competition

The Tech Barons’ Ideological Platter

Maurice E. Stucke
Far from their self-promoted image as the world’s most innovative companies, the major tech platforms stifle plenty of innovation and invest in innovations that...
Antitrust and Competition

What Texas Never Learned From the California Energy Crisis

Darren Bush
The parallels between today's Texas energy market and California's energy market in the early 2000s are striking. Texas should learn from California's bitter experience...
Antitrust and Competition

Cultural Capture of Antitrust Is More Likely in America than Europe

Jan Broulík
Jan Broulík’s new article explores whether so-called cultural capture may develop in antitrust policies on either side of the Atlantic and what can eventually...
Antitrust and Competition

The Corruption of Consumer Welfare

Herbert Hovenkamp
The consumer welfare standard is used in modern antitrust enforcement to evaluate a merger between two firms. However, its original definition was corrupted in...
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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.