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The Role of the State

Antitrust and Competition

How Apple Locks Out the Competition with Its Digital Key

Adam Levitin
Apple’s efforts to dominate the contactless payments market and lock up the “digital key” space pose a profound threat to consumer privacy and the...
Antitrust and Competition

The Dawn of Antitrust and the Egalitarian Roots of the Sherman Act

Sanjukta Paul
While it isn’t particularly controversial that concentrated economic power was a legislative target of the Sherman Act, when read as a corollary or even...
Antitrust and Competition

The Ties that Bind Workers to Firms: No-Poach Agreements, Noncompetes, and Other Ways Firms Create and Exercise Labor Market Power

Evan Starr
Collusive no-poach agreements are per se illegal, but noncompete clauses are not. Recent research casts doubt on the rationale for this legal distinction and...
Antitrust and Competition

Big Tech, the FTC, and Ordoliberals: ProMarket’s Top Stories of 2021

ProMarket writers
As 2021 draws to a close, we look back at ProMarket’s most-read and most-widely shared stories of the past year. In a year marked by a...
Antitrust and Competition

The Best Political Economy Books of 2021

Asher Schechter
A scholarly examination of market’s power toll on American workers, the collected works of a pioneering economic thinker, an ambitious narrative of US economic...
Antitrust and Competition

The Sherman Act and Abuse of Dominance in the Age of Networks

Herbert Hovenkamp
In order to be more effective in networked markets, the US should adopt a version of the EU’s “abuse of dominance” standard that could...
Antitrust and Competition

Towards a More Complete Understanding of Market Power and Consumer Harm in Antitrust Law

Francisco Beneke
Antitrust law currently tends to disregard non-consumer harms and the potential influence of companies on policymaking. A new paper explores how antitrust law can...
Antitrust and Competition

Populism at the FTC Upsets the Antitrust Religion of Consumer Welfare: A Reply to Sokol and Wickelgren

Darren Bush
Institutional change, on any fundamental level, will have those that seek to defend the status quo up in arms. But in order to effectively...
Antitrust and Competition

Populism at the FTC Undermines Antitrust Enforcement

D. Daniel Sokol
The FTC plays an essential role in curbing illegal mergers and monopolies and increasing its enforcement is welcome. But to do so effectively, the...
Antitrust and Competition

Why the Mid-20th Century Was Not the Golden Age of Antirust

Brian Cheffins
The New Brandeisian version of American history presumes that there was a mid-20th century golden age of antitrust that was displaced by a misguided...
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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.