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The Role of the State

Antitrust and Competition

Could the Steward Health v. BCBS Trial Revitalize Monopolization Law?

Chris Sagers
It’s nearly unheard of for a monopolization case to go to trial, but the Steward Health v. Blue Cross & Blue Shield of Rhode...
Antitrust and Competition

70 Years of US Corporate Profits

Simcha Barkai
A new Stigler Center working paper shows that after decades of decline, profits started increasing in the early 1980s. Financial profit is ostensibly the...
Antitrust and Competition

Google and Facebook’s “Kill Zone”: “We've Taken the Focus Off of Rewarding Genius and Innovation to Rewarding Capital and Scale”

Asher Schechter
A Stigler Center panel explores the implications of tech giants’ dominance on innovation and startups. Earlier this week, Treasury Secretary Steven Mnuchin joined a growing...
Antitrust and Competition

Factorless Income and Some Skepticism on the Case for Rising Markups

Loukas Karabarbounis
If imputed payments to labor and capital don’t add up to GDP, what should be done with the residual? New research from Chicago Booth...
Antitrust and Competition

“In 10 Years, the Surveillance Business Model Will Have Been Made Illegal”

Asher Schechter
The opening panel of the Stigler Center’s annual antitrust conference discussed the source of digital platforms’ power and what, if anything, can be done...
Antitrust and Competition

Glen Weyl: "The Very Structure of Capitalism Is Inherently Monopolistic"

Asher Schechter
In an interview with ProMarket, Glen Weyl, co-author of the wildly ambitious (and wildly controversial) new book Radical Markets: Uprooting Capitalism and Democracy for a...
Antitrust and Competition

Why the T-Mobile–Sprint Merger Will Likely Lead to Higher Prices and Lower Quality

Luigi Zingales
The rise in prices of mobile services risks imposing a higher tax on most households, higher than any possible tax rebate they might receive.  The...
Antitrust and Competition

Luigi Zingales Proposes Creation of Interdisciplinary Committee on Digital Platforms Regulation

ProMarket writers
The Committee on Internet Platforms Regulation, proposed Zingales would be comprised of academics and experts on the industry.     At the end of the Stigler Center’s conference...
Antitrust and Competition

What Used Books Can Tell Us about Competition in Online Markets

Sara Fisher Ellison
It is not every day that economists can identify a market where consumers are significantly better off after large price increases. Nonetheless, a new...
Antitrust and Competition

Data Workers of the World, Unite!

Eric A. Posner
With solutions to the threats of digital monopolies currently looking unlikely to come from the state, law and economics scholars Eric Posner and Glen...
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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.