antitrust

How Alliances Carriers Established a Permanent Cartel

American carriers faced the post 9/11 demand shock, while the European intercontinental flag carriers were facing increased competition in the Middle East...

Too Big to Jail: How Powerful Korean Executives Escape Indictment or Conviction

The failures to hold the founding families of Korean conglomerates accountable for crimes undermined the rule of law and the corporation system, which are...

“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...

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...

Why Depending on China for US Health Needs Is Dangerous

In 2018, the Health Industry Distributor’s Association opposed Trump's tariffs on China with the argument that dependence on China for things hospitals needed, like gloves,...

How to Restore Competition in Digital Advertising Markets and Protect Users

The UK's Competition and Markets Authority is considering a range of interventions in digital advertising markets, among them obliging Google to share click and query...

US Big Business vs China: How Monopolies Harm National Security

China’s goal is to concentrate power, both within China and over Western industrial commons. The best reaction is not to mimic Chinese autocratic control...

The Only Regulation Mark Zuckerberg Likes Is No Regulation

In an op-ed and a white paper, Facebook's CEO argues that "private companies should not make so many decisions alone when they touch on...

Antitrust Law’s Current Stance Toward Workers Violates Its Original Purpose to Balance Power With Powerful Firms

Antitrust law’s present-day bias against democratic cooperation and in favor of top-down corporate control has contributed more broadly to the institutional weakness and perceived...

The Chicken/Egg Problem With Google Search That Prevents Competition

Google controls the British search market, according to the UK's Competition and Markets Authority. Its 90 percent market share and profits from general search are...

LATEST NEWS

How Political Conflict Shapes Macroeconomics: Alberto Alesina’s Intellectual Legacy

One of the most respected economists of his generation, Harvard professor Alberto Alesina suddenly died at 63. His friend and colleague Guido...

“Alberto Alesina Always Knew Where The Big Ideas Were”

Harvard economist Alberto Alesina passed away at 63. Paola Giuliano, UCLA professor and Alesina's co-author, recalls his intellectual and human legacy: "He...

Bethany McLean’s Weekend Reading List: Fracking, Germs, and the Global Financial Crisis

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean. 

We Need More Respectful and Inclusive Experiments in Development Economics: A Proposal

After many years of field research in Uganda, three economists outline how to prevent a powerful research tool such as randomized...

Indecent Proposals in Economics: The Moral Problem With Randomized Trial Experiments

The advent of field Randomised Control Trials (RCTs) has made it more acceptable for applied economists to collect data in developing countries....