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The Role of the State

Monetary Policy

Central Bankers Face Potential Conflict of Interest When Writing About QE Policies

Elisabeth Kempf
As Quantitative Easing makes a return during the global Covid-19 pandemic, its effectiveness has once again come under intense debate in both academic and...
Antitrust and Competition

Government Regulation is the Pro-Market Solution

Steven K. Vogel
The Covid-19 pandemic has utterly discredited the false dichotomy of government vs. markets. Extensive government regulation is a prerequisite for the proper functioning of...
Antitrust and Competition

Effective Enforcement Matters More Than New Rules in the EU’s Efforts to Regulate Gatekeeping Platforms

Inge Graef
While the EU’s new Platform-to-Business Regulation went into effect on July 12, the European Commission is already gearing up to introduce two other, more...
Antitrust and Competition

The Roots of Congress’ Pathbreaking Report on Big Tech

Shaoul Sussman
While the House Judiciary report is chock-full of impressive “gotcha” moments concerning anticompetitive conduct by tech platforms, the real bombshell is the 30-page long...
Antitrust and Competition

Structural Separation and Self-Preferencing: What are the Right Lessons of History?

Randy Picker
IBM’s entry into the PC market can teach us a lot about the risks involved with the sort of structural separations recommended this week...
Antitrust and Competition

Why Congress Must Take on Big Tech Monopolies

Zephyr Teachout
Congress must overturn bad Supreme Court precedent and reassert Congressional supremacy over the Supreme Court in antitrust policy. It should legislate break-ups and mandate structural...
Antitrust and Competition

What the US Economy Could Look Like if Digital Markets Were Open and Competitive

Sally Hubbard
The US House of Representatives' investigation into digital platforms has opened Americans' eyes to the widespread harms that flow from the illegal monopolization of...
Antitrust and Competition

Four Key Takeaways from Thursday’s Antitrust Subcommittee Hearing

Hal Singer
Held just before the House’s antitrust subcommittee is expected to release its long-anticipated report on digital platforms, Thursday's hearing yielded clues as to which...
Academic Capture

“Doubt is Their Product”: The Difference Between Research and Academic Lobbying

Tommaso Valletti
Tommaso Valletti, the former Chief Competition Economist of the European Commission, reflects on the intersection of academic economics and policymaking and offers advice to...
Antitrust and Competition

The ACCC’s News Media Bargaining Code: Experimenting with “Decentralized Regulation” of Dominant Digital Platforms

Cristina Caffarra
The Australian Competition and Consumer Commission recently proposed a mandatory bargaining code to govern negotiations between digital platforms like Google and Facebook and publishers...
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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.