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The Role of the State

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...
Antitrust and Competition

Australia’s News Media and Digital Platforms Bargaining Code is Great Politics But Questionable Economics

Richard Holden
If the Australian government wants to subsidize high-quality journalism then it should, well, subsidize high-quality journalism. The new proposed ACCC code would mess with...
Antitrust and Competition

Contextualizing the Dispute Between Australia, Facebook, and Google

Filippo Lancieri
The Australian Competition and Consumer Commission's draft news media bargaining code for digital platforms has elicited aggressive responses from both Google and Facebook and...
Antitrust and Competition

Competition in Digital Markets: What Have We Learned So Far?

Filippo Lancieri
A new Stigler Center working paper systematically analyzed and summarized 21 reports issued by 17 antitrust authorities and expert panels on the subject of...
Antitrust and Competition

“The Antitrust Doctrine We’ve Seen Over the Last 40 Years Simply Does Not Match the Lived Experience of People”

Asher Schechter
In an interview with ProMarket, investigative journalist David Dayen discusses the toll that monopoly power takes on the lives of ordinary Americans and why...
Antitrust and Competition

To Ban Or Not to Ban TikTok: How Reciprocity on the Internet Could Backfire

Hal Singer
Reciprocity can work on a chalkboard, in simple settings. In real-world settings such as trade, it has proven to be ineffective. How does a free...
Antitrust and Competition

Why We Should Be Careful About Google’s Promises in the Fitbit Deal

Lucas Griebeler da Motta
Google claims its acquisition of Fitbit is not about data, but hardware. This is simply not credible. Data plays a crucial role in the...
Antitrust and Competition

Self-Favoring in the Digital Economy and the Role of Antitrust

Christian Bergqvist
At the moment, the strategy of the major tech platforms seems to be to deny any bias and malicious self-favoring. The facts, however, do...
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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.