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Commentary

Why the Controversy Behind ExxonMobil’s New Retail Voting Program?

Andy Shi
ProMarket Managing Editor Andy Shi reviews the controversy behind ExxonMobil’s new voting program and how it falls into the broader debates over recent developments to shareholder democracy and corporate governance.
Commentary

The Economics of Zohran Mamdani

Nikolaos Chatzarakis
Nikolaos Chatzarakis reviews some of the key economic platforms of New York City Mayor-elect Zohran Mamdani. He argues that Mamdani’s platform is ambitious but not unrealistic, and that criticisms of it often rely on simplistic models and theory. Still, there remain areas for improvement.
Antitrust and Competition

How Should We Address the Amazon Web Services Outage?

Roslyn Layton
Roslyn Layton examines the recent Amazon Web Services outage and compares it with last year’s CrowdStrike outage to illustrate differences in scope, responsibility, and systemic impact. She argues that cloud providers should contribute to the Universal Service Fund, ensuring financial contribution to resilience and critical infrastructure for essential services.
Uncategorized

Does the Case of Apple’s App Store Indicate It’s Time for an American Digital Markets Act?

Nick Jacobson
Nick Jacobson compares European and American enforcement to opening up the app store on Apple mobile phones, why European consumers and businesses are at an advantage, and if this advantage indicates that it is time for the United States to adopt legislation akin to the European Union’s Digital Markets Act.
Antitrust and Competition

Brazil’s Calibrated Revolution in Digital Competition

Victor Oliveira Fernandes
Victor Oliveira Fernandes analyzes the contributions to digital market regulation presented in Brazil’s Fair Competition Act for Digital Markets. The proposed act reflects a careful balance between antitrust orthodoxy and innovation and, in its success or failure, will pave the way for additional digital regulation in the Global South.
Antitrust and Competition

Novo Nordisk’s Killer Non-Acquisition Merger Contract Proposal Is a Case of “Heads I Win, Tails You Lose”

Steven Salop
Steve Salop explores the anticompetitive innovation behind weight-loss giant Novo Nordisk’s offer to acquire Metsera. Novo’s proposed contract presents a new tactic by which firms with market power can preclude rival mergers that will lead to procompetitive entry.

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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.