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The Role of the State

International Economics

How Political Speech Restrictions Spill Over Into Financial Analysis

ProMarket writers
A new study by Utpal Bhattacharya, Tse-Chun Lin, and Janghoon Shon finds that Hong Kong's 2020 National Security Law led local financial analysts to...
Series

Taiwan’s Industrial Policy After the 2024 Presidential Election

Wong Chan-Yuan
Taiwan has a history of implementing industrial policies to successfully encourage the development of internationally competitive high-tech firms. However, the new administration’s efforts to reorient industrial policy to achieve Taiwan’s commercial-cum-defense goal risks harming its economic resiliency.
Commentary

What’s Ahead For The U.K.’s Industrial Policy Under Labour

Diane Coyle
The United Kingdom has struggled to implement long-term industrial policies in recent decades, writes Diane Coyle, a trend the new Labour Party promises to...
Big Tech

The TikTok Ban Is a Case Study in American Political Economy 101

Utsav Gandhi
Utsav Gandhi relates recent developments in the American government’s ban on TikTok and shows how the case maps over broader debates about conflicts between...
Antitrust and Competition

Did the Mouse Outfox the Fox? The Fubo Settlement, Disney, and the Death of the Venu Sports-Streaming Venture

Steven Salop
Reviewing the literature pioneered by Richard Gilbert and David Newbery, Steven Salop finds that the recent settlement between sports-streaming services Fubo and the Venu...
Antitrust and Competition

The Trends and Cases That Will Define European Antitrust in 2025

ProMarket writers
Four antitrust and competition experts predict the trends and cases that will define European antitrust in 2025. Enforcement of the Digital Markets Act in 2025 Marco...
Antitrust and Competition

The Trends and Cases That Will Define United States Antitrust in 2025

ProMarket writers
Three antitrust experts predict the trends and cases that will define United States antitrust in 2025. AI competition Robin Feldman, University of California Law San Francisco 2025...
Antitrust and Competition

Massachusetts Lawmakers Just Made It Harder for Trustbusters To Break Up the Live-Nation Ticketmaster Monopoly

Diana L. Moss
Diana Moss writes that a new Massachusetts economic development bill with a provision for limiting the transferability of tickets to live events has succumbed...
Antitrust and Competition

What the US Learned and the EU Should Consider About National Champions

Bill Baer
Bill Baer argues that the United States’ history with promoting national champions through industrial policy shows how protection and the diminution of competition often backfires on the favored companies and the state. He writes that industrial policy must complement competition policy.
Antitrust and Competition

How Industrial Policy Gave Us the Sherman Act

Elizabeth Popp Berman
Elizabeth Popp Berman writes that the history of the antimonopoly movement and industrial policy in the United States shows that antitrust and industrial policy, currently considered by many to be in conflict, can complement each other in pursuit of shared goals.
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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.