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The Role of the State

Antitrust and Competition

If You Don’t Think Today’s Tech Giants Are Vicious, Just Ask Venture Capitalists

Jonathan Tepper
Silicon Valley today resembles the deepest part of the jungle known as the triple canopy, where tall trees block out all the light and...
Antitrust and Competition

Inside Tech’s “Kill Zone”: How to Deal With the Threat to Edge Innovation Posed by Multi-Sided Platforms

Hal Singer
Dominant tech platforms can exploit the vast amounts of user data available only to them to squash startups and independent providers. Hal Singer offers...
Antitrust and Competition

How the FTC Protects Strong Employers and Targets Weak Workers

Sandeep Vaheesan
Since the 1970s, the US has seen a growing power imbalance between workers and employers. This story was not inevitable, but the product of...
Antitrust and Competition

Subsidies to Amazon Are Uneconomical, Un-American, and Unconstitutional

Luigi Zingales
Corporate subsidies are a negative-sum game. They foster crony capitalism, hurt productivity growth and inflict great harm on product market competition. As soon as Amazon announced...
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...
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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.