antitrust and competition
The Cantillon Effect: Why Wall Street Gets a Bailout and You Don’t
According to the 18th-century French banker and philosopher Richard Cantillon, who benefits when the state prints money is based on its institutional setup. In...
“Democracy Is Influenced by Lobbyists, That’s Why the People Also Need Someone to Lobby for Them”
“Individuals usually don’t have enough incentive to take action, even though it is clear they will be collectively better off by taking action.” In...
The Populist Right Has a Plan to Take Power Away From Financiers and Challenge China
The nationalist rhetoric of the Trump administration can obscure a more sophisticated recognition by some people in the populist world that the core dynamic...
Zoom, Netflix, Slack: Amazon Is Behind All the Services We Use to Work From Home (and That’s a Problem)
The new normal for millions of people represents a near-total dependence on Amazon’s cloud-computing operation, Amazon Web Services (AWS), and places a substantial portion...
How Private Equity Companies Are Lobbying to Profit from The Covid-19 Economic Fallout
Private equity funds aren’t just seeking to save the investments they already have, but to get access to more capital to invest in a...
Economics, Law and Finance Professors from Major Universities Write to Congress : “Bail Out People Before Large Corporations”
"Bailouts allow investors to keep all the profits in good times without bearing the losses in bad times. Instead, bailouts impose losses on taxpayers, including those...
Virus-Enhanced Market Power: American Small Businesses Are Kept Hostages by Amazon
Amazon announced restrictions on the type of merchandise it will allow sellers and vendors to send into its warehouses because Amazon’s fulfillment services (FBA) has reached...
“This Crisis Is Different: the Coronavirus Is a Social Disease Which We Need to Tackle as a Community”
In an extensive interview, former Governor of the Reserve Bank of India and Chicago Booth professor Raghuram Rajan discusses the pandemic's impact on financial...
Allowing Digital Platforms to Continue Picking the Winners and Losers of Our Economy Is Un-American
Antitrust law aims to stop established companies from shutting out competitors. We should revive enforcement against exclusionary conduct, as well as structurally eliminate the...
How US Regulators Allowed Google and Facebook to Become Dominant
The UK's Competition and Markets Authority recently criticized Google and Facebook's excessive market power. American regulators, on the other hand, have allowed them to consolidate...
