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The Role of the State

Antitrust and Competition

Much of Antitrust Law Today Is Based on Unsupported or Demonstrably False Economic Theories. Will Economists Take Heed?

Sandeep Vaheesan
Many of the economic assumptions of contemporary antitrust law are unsupported or false, as the executive branch and judiciary have remade the law in...
Antitrust and Competition

How Airline Alliances Convinced Regulators That Collusion Reduces Prices

Hubert Horan
The Department of Transportation granted antitrust immunity to Atlantic alliances that reduced competition on the basis of a single paper written by a United...
Antitrust and Competition

Political Economy of Covid-19: Surveillance and the Future of Privacy

ProMarket writers
Join the Stigler Center on Monday, May 11, for a conversation with The Markup’s editor-in-chief Julia Angwin and University of Chicago Law professor Lior Strahilevitz,...
Antitrust and Competition

Here’s How Covid-19 Is Boosting Monopolization and Market Power

Matt Stoller
Monopolization and consolidation can happen for what seem to be good, or least necessary, reasons. How we respond as a society depends on how...
Antitrust and Competition

How Alliances Carriers Established a Permanent Cartel

Hubert Horan
American carriers faced the post 9/11 demand shock, while the European intercontinental flag carriers were facing increased competition in the Middle East and Asia....
Antitrust and Competition

The Airline Industry’s Post-2004 Consolidation Reversed 30 Years of Successful Pro-Consumer Policies

Hubert Horan
A small number of intercontinental carriers recaptured control of industry oversight in Washington and Brussels to convert the world’s most important markets from robust...
Antitrust and Competition

Using Regulation to Dismantle Powerful Corporate Pyramids

Assaf Hamdani
Evidence from the United States, Japan, Korea, and Israel shows that to successfully curb the influence of large corporate entities, it is important to...
Antitrust and Competition

How the Tension Between Big Business and Antitrust Will Reshape Post-Covid America

Matt Stoller
Big Business is going to be structuring the response to the pandemic, at least temporarily. A new generation of leaders and thinkers is not...
Antitrust and Competition

The Coronavirus Crisis Has Exposed Private Equity’s Unsustainable Business Model

Matt Stoller
Private equity portfolio companies are heavily indebted, and they aren’t generating enough cash to service debts. The steady increase in asset values since 2009...
Antitrust and Competition

Samsung and the Political Power of South Korean Chaebols: a Webinar with Sangin Park and Guy Rolnik

ProMarket writers
The Stigler Center’s 2020 Antitrust and Competition Conference will discuss the interconnection between monopolies and politics. Our pre-conference Webinar Series explores the extent to which firms can leverage...
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The publication of the Stigler Center at The University of Chicago Booth School of Business

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.