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The Role of the State

Antitrust and Competition

Aaron Director’s Legacy: The Beginning of Doubt is the Beginning of Wisdom

Stephen Stigler
Aaron Director died 15 years ago. He published almost nothing, but his ideas influenced a generation of economists and intellectuals. Professor Stephen Stigler remembers...
Antitrust and Competition

How Robert Bork Fathered the New Gilded Age

Sandeep Vaheesan
Much like in the first Gilded Age, antitrust enforcers today are hitting labor, not capital. This is thanks to Robert Bork’s radical and influential...
Antitrust and Competition

What Bernie Sanders’s Plan to Save American Journalism Gets Right – and What It Misses

Andrea Prat
Independent and effective news reporting is at the heart of the democratic process. The dangers to media plurality and local journalism that Sanders identifies...
Antitrust and Competition

The Limits of Private Action: What the Past 40 Years Taught Us About the Perils of Unregulated Markets

Ganesh Sitaraman
The two big ideas that animated American public policy since the end of World War II, employer-sponsored social benefits and neoliberalism, are failures. We...
Antitrust and Competition

How Amazon's Pricing Policies Squeeze Sellers and Result in Higher Prices for Consumers

Shaoul Sussman
Amazon's price matching policies, which were meant to ensure its dominant position, diminished the ability of brands to control how their products are distributed...
Antitrust and Competition

Global Declining Competition

Carolina Villegas-Sanchez
Studies of the evolution of market power since 2000 have focused mostly on publicly traded US firms. This column introduces a new global study...
Antitrust and Competition

How Reforming Antitrust Can Restore a Competitive Economy

Jonathan B. Baker
For decades, competition in America has been on the wane, leading to slower economic growth and a gaping chasm of inequality. Antitrust can help...
Antitrust and Competition

The News About Antitrust’s Impending Resurgence Has Been Greatly Exaggerated

Chris Sagers
The federal antitrust agencies don’t appear to be serious about their recent Big Tech push. And given that the Supreme Court and federal judiciary...
Antitrust and Competition

How Antitrust Became Mainstream, Part 3: The Antimonopoly Political Revolution

Matt Stoller
In this third and final part of his three-part series on the resurgence of antimonopoly, Matt Stoller explains how the election of Donald Trump...
Antitrust and Competition

How Antimonopoly Was Revitalized, Part 2: Barack Obama and the End of the End of History

Matt Stoller
In this second installment of his three-part series on antitrust’s recent resurrection, Matt Stoller discusses the legacy of Obama’s presidency. The real policy for...
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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.