Concentration
“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...
Zoom, Netflix, Slack: Amazon Is Behind All the Services We Use to Work From Home (and That’s a Problem)
The new normal for millions of people represents a near-total dependence on Amazon’s cloud-computing operation, Amazon Web Services (AWS), and places a substantial portion...
America’s Concentration Problem: a Webinar With Thomas Philippon, Chad Syverson, and Guy Rolnik
Watch a Stigler Center webinar with NYU professor Thomas Philippon and Chicago Booth professor Chad Syverson on Philippon’s new book, The Great Reversal: How...
Virus-Enhanced Market Power: American Small Businesses Are Kept Hostages by Amazon
Amazon announced restrictions on the type of merchandise it will allow sellers and vendors to send into its warehouses because Amazon’s fulfillment services (FBA) has reached...
How US Regulators Allowed Google and Facebook to Become Dominant
The UK's Competition and Markets Authority recently criticized Google and Facebook's excessive market power. American regulators, on the other hand, have allowed them to consolidate...
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,...
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 States Must Appeal the Decision to Allow the Sprint/T-Mobile Deal
A close review of the court ruling that approved the $26 billion mega-merger reveals a number of mistakes in Judge Victor Marrero’s reasoning, which...
With the Court Approval of the T-Mobile/Sprint Merger, the Dominant Doctrine in Antitrust Has Jumped the Shark
New York Judge Victor Marrero allowed two major mobile companies to merge in an already concentrated telecom industry, ensuring that prices will rise and...
Google’s and Facebook’s Grip on Digital Advertising Markets
Since July 2019, the UK's Competition and Markets Authority has been conducting an extensive investigation of the digital advertising market. In its preliminary report on...
