antitrust and competition
How the Adtech Market Incentivizes Profit-Driven Disinformation
If we want to solve the disinformation crisis, we need to fix the perverse incentives created by the online advertising market through structural and...
Horizontal Shareholding’s Anticompetitive Effects and the Mechanisms That Produce It
Waiting for further proof of causal mechanisms before addressing the anticompetitive harm caused by horizontal shareholding is unjustified, just as it was when people...
Dear Graduates, Here’s What You Can Do to Change Capitalism For the Better
Delivering UChicago’s 532nd Convocation address, Luigi Zingales advised young graduates to embrace their power as consumers, workers, and citizens and fight corporate monopolies.
Dear...
Sorry, Mr. Delrahim: Big Tech’s Worst Abuses Can’t Be Cured Without Stiffer Regulation
Simply adding competition in the tech sector won't solve problems like privacy abuses or discrimination. Competition is needed, but regulation is a necessary element...
The Decline of American Journalism Is an Antitrust Problem
Weak antitrust enforcement set the stage for Facebook and Google to extract the fruits of publishers’ labor. We won’t be able to save journalism...
The Effects of Concentration in the Asset Management Industry on Stock Prices
The asset management industry has become increasingly concentrated in recent decades. Regulators are concerned about the systemic risks this may pose. Using data from...
Designating Tech Platforms as “Information Fiduciaries” Would Do Little to Address the Source of Their Power
The notion that Facebook, Google, and Twitter should be assigned fiduciary duties toward their end users has gained broad support in recent years. However, this...
Did Facebook and Google “Blackmail” EU Experts to Avoid Discussing Their Market Power?
A new report by the journalist network Investigate Europe claims representatives of Facebook and Google pressured members of an EU working group on fake...
Antitrust Alone Is Not Enough to Combat the Problems Associated With Digital Platforms
Digital platforms present an enforcement challenge sufficiently daunting that it requires major reforms to antitrust law. But in order to restore lost competition, we...
“Facebook Is Unaccountable to Shareholders, to its Users, to Government”
At the Stigler Center’s annual competition conference, Facebook co-founder Chris Hughes called for the unwinding of Facebook’s WhatsApp and Instagram acquisitions and the creation...
