antitrust and competition

Strong Employers and Weak Employees: Study Sheds New Light on How Labor Market Concentration Hurts Workers

New study finds that wages are significantly lower in concentrated labor markets—and even lower in labor markets where unionization rates are low. America’s decades-long wage...

Editors’ Briefing: On Our Radar This Week (March 3-March 10)

This week in political economy.     ProPublica has created a searchable database of 2,475 political appointees by the Trump administration, the result of “a year...

Colluding in Plain Sight: Study Finds Airlines Use Earnings Calls to Coordinate Capacity Reductions

What are airline executives really saying to each other with their extensive discussion of “capacity discipline”? New research from the University of Virginia finds...

Editors’ Briefing: On Our Radar This Week (Feb. 24–March 3)

This week in political economy.       Italy’s elections are on Sunday, and with the polls being inconclusive and the reemergence of former PM Silvio Berlusconi...

Editors’ Briefing: On Our Radar This Week (Feb. 17–Feb. 24)

This week in political economy.     Is the US economy being strangled by a lack of competition? In the Harvard Business Review, David Wessel provides...

Are Markups Increasing?

A new Stigler Center paper challenges recent research on market power in the US, showing that markups did not increase over the last few...

Editors’ Briefing: On Our Radar This Week (Feb. 10–Feb. 17)

This week in political economy. Yesterday's New York Times editorial: “The terror that has gripped their elected officials … is fear of the wealthy gun...

Case 2000: How Netanyahu and Israel’s Most Powerful Media Mogul Planned to Subvert the Market for News and Ideas

It doesn’t involve a high-profile American billionaire, and yet of the two cases on which the police recommended indicting Israel’s prime minister, “Case 2000”...

New Evidence and Legal Theories About Horizontal Shareholding

Harvard Law School professor Einer Elhauge on his new paper on horizontal shareholding, which provides new empirical evidence that even when horizontal shareholders individually...

Editors’ Briefing: On Our Radar This Week (Feb. 2–Feb. 10)

This week in political economy.     India’s competition authority imposed a 1.36 billion rupees ($21.1 million) fine on Google after it found the company guilty...

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