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The Role of the State

Antitrust and Competition

Why We Need To Re-think Friedman’s Ideas About Monopolies

David Chan Smith
Friedman’s New York Times Magazine article on the social purpose of business was a specific intervention in the debate over shareholder activism and mentions...
Antitrust and Competition

The Real Dish on the T-Mobile/Sprint Merger: A Disastrous Deal From the Start

Melody Wang
The Trump-era DOJ’s decision to allow the T-Mobile/Sprint merger will go down as one of the worst merger-enforcement mistakes in decades. This merger will...
Antitrust and Competition

Organized Mimicry: Employers Against the Free Market

Jake Rosenfeld
"Despite all the rhetorical support for free markets, it turns out that employers would rather corner their market, not free it, especially their market...
Antitrust and Competition

“I Wanted to Call People’s Attention to the Extent of Amazon’s Takeover of Washington”

Asher Schechter
In an interview with ProMarket, author and ProPublica reporter Alec MacGillis discusses the rise of Amazon and regional inequality, the role of politics in...
Antitrust and Competition

Why Big Tech Companies Should Engage With Academia, and Why They Don’t

Tommaso Valletti
“Academic engagement” of a Big Tech firm: that job should exist. But it has not happened, and it probably won’t happen, unless we get...
Antitrust and Competition

The Durable Impact of Stigler’s Theory of Economic Regulation

Sam Peltzman
George Stigler’s “The Theory of Economic Regulation” was an early application of public choice reasoning to a practical problem—the work of regulatory agencies. It...
Antitrust and Competition

Rethinking Competition: From Market Failures to Ecosystem Failures

Michael G Jacobides
Despite the overwhelming importance of digital platforms, and the chatter around their recent rise, our understanding of digital ecosystems is still limited. As such,...
Antitrust and Competition

Chinese Antitrust 2.0: Why Is China Going After Its Big Tech?

Jana Kasperkevic
In an interview with ProMarket, Angela Huyue Zhang, author of a new book Chinese Antitrust Exceptionalism, discusses the motivations behind the recent antitrust investigations...
Antitrust and Competition

Preventing Drug Shortages and Saving Lives: The Role of Quality and Reliability Standards

Rena Conti
Prescription drug shortages have become more common in recent years, interrupting usual medical care and increasing patient risk and system costs, but they are...
Antitrust and Competition

Facebook Break-up Can Be Feasible, Efficient, and Ultimately Beneficial to Consumers

Paolo Buccirossi
Is the relief sought by the FTC in its case against Facebook the right way to go? In principle, yes. However, the FTC might...
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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.