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The Role of the State

Antitrust and Competition

The Corporate Power Narrative: How Corporations Benefit from Economic Globalization

Anthea Roberts
In an excerpt from their new book, Six Faces of Globalization: Who Wins, Who Loses, and Why It Matters, Anthea Roberts and Nicolas Lamp...
Antitrust and Competition

Unreliable Accounts: How Regulators Fabricate Conceptual Narratives to Diffuse Criticism

Karthik Ramanna
In 2010, as the world was reeling from the global financial crisis, the body that determines generally accepted accounting principles for listed corporations in...
Antitrust and Competition

Missing the Forest for the Trees: A Reply to Hovenkamp and Shapiro

Hal Singer
The Federal Trade Commission’s now-abandoned 2020 Vertical Merger Guidelines were not some ideal economic document that the FTC foolishly disregarded; rather, they failed spectacularly...
Antitrust and Competition

How Will the FTC Evaluate Vertical Mergers?

Carl Shapiro
The Federal Trade Commission’s recent withdrawal of its 2020 vertical merger guidelines is flatly incorrect as a matter of microeconomic theory and is contrary...
Antitrust and Competition

Announcing the Participants in the Fall 2021 Stigler Center Journalists in Residence Program

ProMarket writers
This month, the Stigler Center will welcome eight world-class journalists from the United Kingdom, Brazil, China, Romania, Ukraine, Slovenia, and the United States for...
Antitrust and Competition

The Roots of America’s Competition Revolution

William E. Kovacic
Proponents of the current transformation in America’s competition policy managed to shape legislative reform proposals, push public antitrust agencies to boost enforcement, and successfully pressure the...
Antitrust and Competition

A New Browser Extension Aims to Bring Transparency to Big Tech Funding

Jana Kasperkevic
As Congress prepares to debate a series of new antitrust bills​, the​ Big Tech Funding browser extension encourages lawmakers to be mindful of Big...
Antitrust and Competition

What Are They Hiding? What Firms Don’t Want Us to Know About Their Economic Development Incentives

Nathan Jensen
State and local governments offer firms all kinds of incentives in hopes of spurring local economic development. New research finds that a specific group...
Antitrust and Competition

The DOJ’s “New Madison” Doctrine Disregards Both the Economics and the Law of Innovation

Herbert Hovenkamp
DOJ’s “New Madison” approach to antitrust and intellectual property law dictates that antitrust should stay out of disputes over patents, even when market power...
Antitrust and Competition

Antitrust Enforcement Is Not Enough to Address Anticompetitive Conduct in Pharmaceutical Markets. Market-Oriented Legal Reform is Needed.

Alden Abbott
Federal antitrust enforcement has been robust and effective in promoting prescription drug market competition and thereby enhancing consumer welfare. Antitrust enforcement in itself, however,...
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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.