“Antitrust Policy Relies More Heavily on Beliefs Rather Than a Strong Consensus About Facts”

In this installment of ProMarket’s new interview series on concentration in America, Chicago Booth professor emeritus Sam Peltzman shares some thoughts on concentration and antitrust policy. “It is hubris to believe that economists and antitrust officials can predict the future. Who remembers that free web browsers were once thought to be a dangerous threat to competition?”   

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“There Is a Clear Perception That the European Commission Is More Active In Antitrust Than the U.S. Agencies”

In this installment of ProMarket’s interview series on concentration in America, Tommaso Valletti, the European Commission’s Chief Competition Economist, shares some thoughts on economic concentration of power in the U.S. and in Europe. “Competition authorities should invest in better understanding data markets.”  

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“No Convincing Evidence That Concentration Has Been a Major Factor in Explaining Poor U.S. Economic Performance”

In this installment of ProMarket’s new interview series on concentration in America, Chicago Booth professor Dennis Carlton strikes a skeptical note concerning claims that increased concentration has negatively impacted the U.S. economy. “Every industry with very high concentration deserves scrutiny from an antitrust viewpoint.”   

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