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The Role of the State

Antitrust and Competition

How to Protect Competition and Consumers in Digital Markets

ProMarket writers
While some markets may self-correct, rapid self-correction in markets dominated by large digital platforms is unlikely. The economy and market structure subcommittee of the...
Antitrust and Competition

How to Address the Privacy and Security Challenges Posed by Big Tech

ProMarket writers
The idiosyncrasies of the American approach to regulation have left the world’s largest economy ill-equipped to protect consumers and guide firms when it comes...
Antitrust and Competition

How to Protect the News Media in the Age of Digital Platforms

ProMarket writers
Digital platforms present a new formidable threat to the news media that market forces will not correct if left to their own devices. The...
Antitrust and Competition

How to Mitigate the Political Impacts of Social Media and Digital Platform Concentration

ProMarket writers
Ahead of its annual conference on Digital Platforms, Markets and Democracy, the Stigler Center formed a committee to produce independent white papers that will...
Antitrust and Competition

The Political Footprint of Big Tech in Five Easy Charts

Francesco Trebbi
Big tech firms have been active in Washington since the early days of the Microsoft antitrust case, but in recent years they have increased...
Antitrust and Competition

Market Concentration, Regulation, and Europe´s Quest for a New Industrial Policy

Oscar Guinea
Weakening competition policy in Europe risks creating monopolies rather than industrial champions. An interventionist style of industrial policy, one that revolves around picking winners, has...
Antitrust and Competition

Restoring Antimonopoly Through Bright-Line Rules

Open Markets
The “consumer welfare” approach to antimonopoly is the main contributor to the extreme and dangerous concentrations of power that Americans face today. In place...
Antitrust and Competition

Are “Patent Trolls” Stick-Up Artists or Just Benign Middlemen?

Ufuk Akcigit
A new study explores the dual effect that non-practicing entities, commonly known as patent trolls, have on innovation and the market of ideas. The discussion...
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...
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The publication of the Stigler Center at The University of Chicago Booth School of Business

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.