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The Role of the State

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,...
Antitrust and Competition

What’s Behind Amazon’s Demand that FTC Chair Lina Khan Recuse Herself?

Darren Bush
Amazon’s attempt to get Khan to recuse herself from any antitrust investigation into the company is not the first time that a company has...
Antitrust and Competition

Competition Problems in Prescription Drug Market

Michael Kades
Although not the sole cause of high prescription drug costs, abusive practices that distort competition contribute to the problem. Too many companies exclude competition...
Antitrust and Competition

The Profit Paradox: A New Approach to Competition and Market Power

Simcha Barkai
Jan Eeckhout’s recent book The Profit Paradox is a serious attempt to explain rising market power and its implications to a wider audience. While...
Antitrust and Competition

The Unchecked Market Power of the American Health Care System

David Ennis
Chicago Booth alumnus and retired health care consultant David W. Ennis responds to ProMarket’s recent coverage on antitrust and the US health care system....
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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.