antitrust and competition

In new research, Carl T. Bogus uses General Electric as a case study to argue that regulators should prohibit companies that have reached a certain size from growing through mergers and acquisitions due to more common inefficiencies and their outsized harms to stakeholders and society.

The new Trump administration’s antitrust leaders are unexpectedly maintaining the Biden administration’s enforcement priorities, including the 2023 Merger Guidelines. Eric Posner explains why this...

Alissa Cooper and Zander Arnao argue that a lack of competition in social media has allowed dominant platforms to design algorithms to maximize for...

Media pluralism is a core democratic value in Europe. Upholding it requires that media concentration is scrutinized beyond its impact on competition in the traditional economic formulation. By addressing the challenges posed by dominant media players and fostering a diverse information ecosystem, Europe aims to uphold media plurality as a democratic value and ensure that citizens can engage in informed decision-making. From this angle, the European approach to protecting media pluralism might offer an interesting comparative  perspective for the United States debate, write Maciej Bernatt and Marta Sznajder.

Ula Furgal and Magali Eben review the United Kingdom’s efforts to address the lopsided balance of power between traditional news media and digital platforms,...

David J. Teece and Aurelien Portuese argue that short-term thinking in American corporate governance, antitrust, and regulation is hampering American innovation and success even as other countries invest in their firms to dominate frontier markets.

In new research, Ryan Stones revisits the alleged disagreement between two influential schools of antitrust on how to handle big businesses. Instead of finding contrasting policy recommendations, he highlights a strikingly similar relaxation of attitudes toward enforcement in the Chicago School and Ordoliberalism in the post-war period.

Steven Salop explores the presumptions and evidence that could undergird Commissioner Melissa Holyoak’s preferred “Raising Rivals’ Cost” approach to the enforcement of the Robinson-Patman Act.

William Lazonick writes that recent United States industrial policy initiatives miss the centrality of corporate resource allocation for creating a robust economy, characterized by...

The following is an excerpt from Louis Kaplow’s new book,“Rethinking Merger Analysis,” now out at MIT Press.