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The Role of the State

Antitrust and Competition

Why the FTC Should Focus on Labor Monopsony

Eric A. Posner
Economic theory tells us that firms are more likely to exploit labor market power than product market power in the United States today. And...
Antitrust and Competition

Brazil’s Election Is Yet Another Indication That Facebook Is Too Big to Manage

Asher Schechter
Facebook’s failure to curb the massive disinformation campaign that preceded Jair Bolsonaro’s election victory shows that it is unable to control the dangerous consequences...
Antitrust and Competition

Digital Platforms’ Targeting Tools Are Opaque and Potentially Dangerous

Guy Rolnik
A lawsuit claims that Facebook inflated video metrics to lure advertisers. Facebook denies, but it's worth noting that it would be much easier for...
Antitrust and Competition

“In the Wake of the 2008 Crisis, You Can't Ignore the Influence of Big Business on Economic Policy”

Asher Schechter
Historian and author Adam Tooze talks to ProMarket about how the financial crisis “remade” American capitalism, why the US response to the crisis was...
Antitrust and Competition

Product Market Concentration Is Decreasing, and It’s Because of the Big Guys

Esteban Rossi-Hansberg
A new study by economists at Princeton University and the Federal Reserve Bank of Richmond finds that while national market concentration is clearly increasing,...
Antitrust and Competition

Does Uber Kill? The Real Cost of Ride-sharing

Luigi Zingales
A new Stigler Center working paper finds that ride-sharing actually increases the number of new car registrations and fatal accidents. Two years ago, the Stigler...
Antitrust and Competition

On the Economics of the Google Android Case

Greg Taylor
A general challenge facing competition authorities in the digital era is learning how to apply the traditional tools of competition policy in multi-sided platform...
Antitrust and Competition

Can Horizontal Mergers Actually Boost Competition?

Dirk Hackbarth
Research by Dirk Hackbarth and Bart Taub shows the potential to merge in the future increases competition prior to merging. Hence--in contrast to the...
Antitrust and Competition

Would Sen. Warner’s Ambitious Plan to Regulate Social Media Giants “Ruin” the Internet—Or Save it?

Asher Schechter
Sen. Mark Warner’s proposals to regulate social media platforms are by far the most ambitious to come from Congress. We gathered three experts to...
Antitrust and Competition

“If You’re Running an Authoritarian Government, You Love Facebook”

Asher Schechter
In a wide-ranging interview with ProMarket, media scholar Siva Vaidhyanathan explains why Facebook has become “too big to manage” and why he believes the...
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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.