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The Role of the State

Antitrust and Competition

“An Offer We Can’t Refuse”: How We Gave Away Our Data and Made Big Tech What It Is Today

Tommaso Valletti
WhatsApp’s new terms of service should come as no surprise. For years, Big Tech has been offering its users these “take it or leave...
Antitrust and Competition

Paul Romer: “If You Think Moderation is Censorship, You’ve Got a Competition Problem”

Jana Kasperkevic
During a Stigler Center keynote webinar, Nobel laureate Paul Romer discussed concentration problems in the US and possible solutions, including a “pigouvian” tax, flexible...
Antitrust and Competition

Digital Markets Act: Policy Choices and Conditions for Success

Alexandre de Streel
Last month, the European Commission introduced an ambitious new set of rules for digital platforms, the Digital Markets Act. Here is what it says,...
Antitrust and Competition

The Silent Coup

Luigi Zingales
President Donald Trump's seditious actions are exposing the political power that Twitter, Amazon, Google, Apple, and Facebook enjoy. Banning him from their platforms sets...
Antitrust and Competition

How Will the Digital Markets Act Regulate Big Tech?

Cristina Caffarra
While the recently introduced Digital Markets Act rules might change prior to final approval, there is a lot to consider already. What are these...
Antitrust and Competition

Is There Really a Conflict Between Better Corporate Governance and More Competitive Product Markets?

Miguel Antón
A new study shows that the supposed tradeoff between better corporate governance and more competitive product markets may not exist. More commonly-owned firms have...
Antitrust and Competition

Why Isn’t the FTC Tackling Facebook’s Data-opoly?

Maurice E. Stucke
Nothing in the FTC’s and states’ complaints’ prayer for relief seeks to give users greater control over their data, such as not being tracked...
Antitrust and Competition

The Non-Revolving Door Between the SEC and the Plaintiffs’ Bar

Alexander I. Platt
Nowhere does the “revolving door” spin more quickly than at the Securities and Exchange Commission. But, even at the SEC, not all doors spin...
Antitrust and Competition

The Best Political Economy Books of 2020

Asher Schechter
A travelogue of monopoly, the dangers of elite impunity, and the relevance of John Maynard Keynes: here are (in no particular order) some of...
Antitrust and Competition

The FTC’s Antitrust Case Against Facebook: Injunction, Divestiture, or Breakup?

Herbert Hovenkamp
While the FTC’s lawsuit against Facebook is unlikely to lead to a “breakup,” it could force Facebook to undo some mergers. Breaking things up is easy,...
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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.