antitrust
The European Commission Fines Apple 1.84 Billion Euros and Spotify Still Isn’t Happy
The European Commission has fined Apple for abusing its App Store. The Commission did not mention Spotify, but the fine appears to answer the music streaming platform’s complaint that Apple’s App Store fees to developers are too high. But now that Spotify has seen Apple’s new approach under Europe’s new Digital Markets Act, Spotify is still unhappy, highlighting the flaws of Spotify’s original complaint and the Commission’s fine, writes Randy Picker.
The Antitrust Agencies’ Focus on Monopolization Claims Against Big Tech Dilutes the Meaning of Monopoly
The various antitrust complaints the Department of Justice and the Federal Trade Commission have brought against Google, Amazon, and Facebook are based on monopolization claims under Section 2 of the Sherman Act. Herbert Hovenkamp explains why the government should also have relied on Section 1 of the Sherman Act and Section 7 of the Clayton Act to support their Big Tech cases.
Antitrust Needs To Draw on Computer Science To Detect Algorithmic Collusion
In new research, Giovanna Massarotto explains how collusion manifests differently in the digital economy. She argues that antitrust regulators, scholars, and courts need to incorporate lessons from computer science to update how they monitor markets and identify algorithmic collusion.
The Reasonable Competitive Conduct Standard for Antitrust
The Stigler Center’s 2023 Antitrust and Competition conference seeks to answer the question: what lays beyond the consumer welfare standard? In advance of the...
Chart of the Week: Concentration in Ticket-Selling Market Produces Costly Outcomes
Economists overwhelmingly agree that the lack of competition in the market for ticket-selling intermediaries leads to attendees paying more, according to a recent survey...
Antitrust Enforcement, Inflation and Corporate Greed: What do we know?
At a recent Centre for Economic Policy Research (CEPR) event, panelists, including the Stigler Center's own Luigi Zingales, reflected on the roles antitrust enforcement...
2023 Antitrust and Competition Conference: Call for Papers
The Stigler Center is inviting submissions of short academic articles (up to 3000 words) focused on the development of a legal/economic standard that can...
Five New Pieces You Should Read from Chicago Booth Review
Chicago Booth Review recently published its fall issue covering a variety of new research. We suggest five articles from the issue on topics of...
How to Converge the US and European Antitrust Approaches Toward Big Tech
The growing consensus that Big Tech platforms need to be restrained creates a unique opportunity for international cooperation among antitrust enforcers. The complexity of...
The Corruption of Consumer Welfare
The consumer welfare standard is used in modern antitrust enforcement to evaluate a merger between two firms. However, its original definition was corrupted in...
