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The Role of the State

Antitrust and Competition

Why the FTC Should Consider Size in Drug Mergers

Patricia M. Danzon
Large pharmaceutical firms retain their dominance through size-related advantages in three areas: contracting, marketing and selling, and financing. When reviewing pharmaceutical mergers, the Federal...
Antitrust and Competition

In FTC vs. Facebook, the Government Lost the First Round. It Could Still Win the Fight.

John Newman
Despite some compelling allegations, a federal judge dismissed the FTC's antitrust complaint against Facebook due to the agency’s failure to explain how it calculated...
Antitrust and Competition

A New Antitrust Under Biden? Lessons From the Presidency of Theodore Roosevelt

Richard Baker
The early history of the Sherman Antitrust Act offers relevant insights to contemporary debates on how to best enforce antitrust laws. In fact, the...
Antitrust and Competition

“This Isn’t the Kind of Journalism That Serves Democracy Best”: How Place and Privilege Came to Define American News

Asher Schechter
In an interview with ProMarket, University of Illinois at Urbana-Champaign professor Nikki Usher discusses how news in the US came to be produced and...
Antitrust and Competition

Should Google Still be Allowed to Crown the Kings in Digital Markets?

Johannes Persch
Google search is continuously evolving into a full service provider, directly selecting and presenting the information that we are looking for. At first glance,...
Antitrust and Competition

How and Why Baseball’s Legal Monopoly Came to Be

Emile Warot
Baseball’s antitrust exemption, currently the subject of fierce political backlash, has long been a historical curiosity. Why has a professional sports league enjoyed a...
Antitrust and Competition

What does NCAA v. Alston Tell Us About Antitrust and Labor Markets?

Bruno Renzetti
The Supreme Court's recent ruling against the NCAA and in favor of student-athletes may seem narrow or trivial, but the Court's acknowledgement of the...
Antitrust and Competition

Why the FTC Antitrust Case Against Facebook Was Dismissed

Herbert Hovenkamp
Many of the problems with the FTC complaint against Facebook that was dismissed in court last month appear to be fixable. However, given that...
Antitrust and Competition

Charting a Path Forward for College Athletes to Receive Pay

Jhacova Williams
How should colleges pay their student-athletes? A likely model lies with another group of university students, who like near-pro athletes receive tuition waivers, health...
Antitrust and Competition

American History Provides a Valuable Lesson on How Monopolists Use Exclusive Deals to Fortify Their Market Power

Daniel A. Hanley
Since the Civil War, dominant firms have widely and repeatedly used exclusive agreements to exert, expand, and fortify their market power. History shows that...
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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.