Digital Economy

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...

Spotify Is Mimicking Google's and Facebook's Strategy: Will It Ruin Podcasting?

Spotify announced the acquisition of The Ringer, one of the biggest networks in podcasting: a step further in its quest to dominate the audio industry...

Spotify Is Mimicking Google’s and Facebook’s Strategy: Will It Ruin Podcasting?

Spotify announced the acquisition of The Ringer, one of the biggest networks in podcasting: a step further in its quest to dominate the audio industry...

Facebook’s Enduring Control Over Social Media Markets

According to the British Competition and Markets Authority (CMA), Facebook accounts for 75 percent of the UK’s social media market. Over the past 10 years,...

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...

How Allowing a Little Bit of Dissent Helps the Chinese Government Control Social Media

A new study on three major social networks in China finds that tolerating small, relatively free platforms helps the Chinese government maintain sufficiently high...

Bethany McLean’s Weekend Reading List: TikTok Deepfakes, Online Advertising, and the US-China Standoff

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.    "Fiction is the lie through which we...

It Is Time to Break Up the Disney Empire

Disney is not a corporation that pushes the bounds of artistic and technological possibility but a corporation that pushes the bounds of legal possibility...

A Tale of Hubris and Excess: How Uber Fooled Portland Regulators

In an excerpt from his new book "Super Pumped: The Battle for Uber," New York Times reporter Mike Isaac reveals the details of Uber's...

How Amazon Rigs Its Shopping Algorithm

For companies that sell on Amazon’s platform, “winning the Buy Box”—the area on the right-hand side of the page that says “Add to Cart”...

LATEST NEWS

The United States: An Exceptional Case? A Webinar With Stephen Haber, Richard R. John, and Luigi Zingales

Many see the US as a land where free markets and antitrust enforcement have historically kept monopolies under control. But is that...

Bethany McLean’s Fourth of July Weekend Reading List: Jeff Bezos, Homeschooling, and How to Make Capitalism Work for All

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

Lifting Lockdown Measures Won’t Bring Back Lost Jobs, New Study Suggests

A new paper examines data on local outbreaks in South Korea and finds that even in the absence of lockdowns, an increase...

What Comes Next for Economic Policies to Combat Covid-19? A Conversation Between Six Booth Faculty

As the Covid-19 crisis evolves from a temporary shock into what seems like a long-term catastrophe, six finance scholars from Chicago Booth—Douglas...

A New Stigler Center Case Study Explores the Link Between Italy’s Morandi Bridge Disaster and Crony Capitalism

Two years ago, the Morandi bridge collapse claimed 43 lives. Based on financial statements, Italian government documents, and interviews with independent experts...