antitrust and competition
Are “Pay for Delay” Settlements in Patent Litigation Collusive?
A new study suggests that “pay for delay” settlements–in which generic drug manufacturers that challenge the patents of branded drug firms agree to drop...
What Role for Antitrust in the Era of Rising Inequality? The Importance of Power in Supply Chains
Concentration of power in supply chains is a prime mechanism by which dominant companies consolidate power and profits.
The Sherman Antitrust Act of 1890 was...
“Why Argue With the Government When You Can Buy the Government?”: Q&A with Gary Reback
In an interview with ProMarket, antitrust lawyer Gary Reback elaborated on the difference between antitrust enforcement in the U.S. and Europe, the influence the U.S. Supreme...
Market Power and Inequality: How Big Should Antitrust’s Role Be in Reducing Inequality?
Is the rise of wealth inequality in the United States related to a decline in competition? A new paper answers in the affirmative.
Is the...
Fighting Regulatory Capture in the 21st Century
It should come as no surprise that the movement against regulatory capture is gaining momentum at this particular moment in our nation’s history.
It is...
Is More Antitrust the Answer to Rising Wealth Inequality?
University of Michigan professor Daniel Crane: “The story that somehow antitrust law is dead, that it’s been killed, is wrong. It hasn’t. It’s very...
Why Firms’ Shareholders Condone Seemingly “Excessive” Executive Pay Packages, and What it Means For the Economy
If the large mutual funds are out to improve governance, why do they condone, if not encourage, seemingly excessive and performance-insensitive compensation packages? A new...
Horizontal Shareholding, Antitrust, Growth and Inequality
Harvard Law School professor Einer Elhauge goes back to the days of Thurman Arnold, the head of the antitrust division in the FDR administration,...
Productivity, Inequality, and Economic Rents
Curbing excessive economic rents might bolster productivity and address rising inequality.
Productivity growth—a necessary (though not sufficient) condition for rising incomes in the long run—has...
New Study Finds Evidence That Rents Might Be Higher in the U.S. than in Europe
A new paper by Caroline Freund and Sarah Oliver from the Peterson Institute for International Economics explores the origins of the world’s billionaires, and...
