antitrust and competition
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...
When American Capitalism Meant Equality
Americans used to have a relatively egalitarian view of markets. How did they come to accept extreme inequality as an innate part of their...
How to Protect Competition and Consumers in Digital Markets
While some markets may self-correct, rapid self-correction in markets dominated by large digital platforms is unlikely. The economy and market structure subcommittee of the...
