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The Role of the State

Antitrust and Competition

When We Outsource Privacy Compliance, We May Undermine Privacy Protection

Ari Waldman
Privacy law is currently being shaped and implemented by a new industry of third-party tech vendors. These companies code their own interpretations of privacy...
Academic Capture

“Economics Now Points Away From the Laissez-Faire Approach”

Asher Schechter
Columbia professor Suresh Naidu on Economics for Inclusive Prosperity, the new initiative he launched with Dani Rodrik and Gabriel Zucman, and why he believes...
Antitrust and Competition

The Anticompetitive Effects of Current Capital Regulation

Matteo Benetton
Some features of the capital regulation that was designed to increase the safety of the financial system may have unintended consequences on the competitive...
Antitrust and Competition

Amazon's Latest Supplier Purge Is a Classic Indicator of Price Predation

Shaoul Sussman
Regulators in Washington should immediately launch an investigation into Amazon’s e-commerce business.       In a recent article (and subsequent blog post), I argued that Amazon’s...
Antitrust and Competition

Regulators Should Not Change the Regulatory Environment to Include Labor Market Concentration

Ben Lipsius
Research has shown that labor markets with higher levels of labor market concentration have lower wages. It does not necessarily follow that regulators should...
Antitrust and Competition

The “Biggest Puzzle in Economics”: Why the “Superstar Economy” Lacks Any Actual Superstars

Asher Schechter
A new study finds that the contribution of superstar firms to US productivity growth has decreased by more than 40 percent over the past...
Antitrust and Competition

When the Interests of Monopolists and Authoritarians Coalesce

Raghuram Rajan
It is when the behemoth of monopoly enterprise consorts with the leviathan of the authoritarian state that both are likely to achieve permanence, writes...
Antitrust and Competition

The Road to Digital Serfdom? The Visible Hand of Surveillance Capitalism

Shoshana Zuboff
Surveillance capitalism is not the capitalism of old, writes Harvard professor emerita Shoshana Zuboff in her new book The Age of Surveillance Capitalism.     Surveillance capitalism departs...
Antitrust and Competition

The Anticompetitive Effects of Low Interest Rates

Simcha Barkai
A new study argues that declining interest rates are in fact the cause of the recent decline in competition. Corporate profits in the United States...
Antitrust and Competition

Is Amazon Violating the Sherman Act?

Shaoul Sussman
A new paper suggests that Amazon’s negative cash flow rapid expansion story may in fact conceal a long-term predatory pricing strategy that violates existing...
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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.