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The Role of the State

Antitrust and Competition

How the FTC Protected the Market Power of Pharmacy Benefit Managers

Stacy Mitchell
Pharmacy Benefit Managers (PBMs) were established in the 1960s to control drug costs but have since morphed into one of the most highly concentrated...
Antitrust and Competition

Market Power and Money in Politics

ProMarket writers
A Stigler Center webinar explores how businesses lobby and compete for political power and whether mergers and industry concentration affect lobbying.  Firms compete in markets,...
Antitrust and Competition

What the Biden DOJ Can Learn From the Clinton and Obama Years on How to Tackle America’s Monopoly Problem 

Allen Grunes
The Clinton DOJ attacked international cartels. The Obama DOJ prioritized merger enforcement. The Biden DOJ needs to focus on America’s monopoly problem. Antitrust is like...
Antitrust and Competition

“Free is Not Free”: What the Apple-Facebook Spat and the GameStop-Robinhood Fiasco Have in Common

Asher Schechter
In an interview with ProMarket, antitrust scholar, lawyer, and businesswoman Dina Srinivasan explains why she believes that if users were given the choice to...
Antitrust and Competition

GameStop, the Cantillon Effect, and America’s Corrupt Financial Plumbing

Matt Stoller
The GameStop frenzy, far from a morality tale of the people showing up Wall Street elites, should show that something is seriously off-kilter about...
Antitrust and Competition

Big Tech’s Fight Over Privacy: Could Facebook Win an Antitrust Lawsuit Against Apple?

Herbert Hovenkamp
Do the new iOS 14 privacy features violate antitrust laws? If Facebook brings an antitrust suit against Apple, as it is reportedly considering, there...
Antitrust and Competition

Is There a Problem with Competition?

ProMarket writers
A Stigler Center webinar explores instances where competition turns toxic, whether antitrust policy needs reform, and potential paths forward. Is there such a thing as...
Antitrust and Competition

Taming Big Tech: What Can We Expect From Germany’s New Antitrust Tool?

Jens-Uwe Franck
Targeted at Big Tech, Germany’s new antitrust tool for dealing with large digital platforms rebalances the power between the competition watchdog and those firms. Around...
Antitrust and Competition

What Is the Price of a Prescription Drug?

Robin Feldman
Due to lack of transparency and mystery rebates, which are considered trade secrets, figuring out the price of a prescription drug is devilishly difficult....
Antitrust and Competition

Reviewing Facebook’s Mergers Could Have Negative Ripple Effects

Randy Picker
How the pre-merger notification regime came about and why we should be careful about discouraging useful mergers. December 2020 was an extraordinary period in US...
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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.