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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...

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...

How Google and Facebook Made Digital Advertising Markets Increasingly Opaque to Protect Their Dominance

According to the British Competition and Markets Authority, barriers to entry are so high that not even Amazon is a real threat to Google...

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...

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...

Can Google Mobilize Its Users to Lobby Elected Officials?

Google has an 87 percent market share in the search business and the potential to mobilize more voters than the Democratic primaries, according to...

The Real Price of Health Data: Americans Don’t Want to Share Their Records for Free

The 2019 Chicago Booth/Kellogg School Financial Trust Index survey shows that 93 percent of participants don’t want to share their health data with digital...

How to Regulate Digital Platforms: A Database

Over the past couple of years, many antitrust authorities commissioned expert groups or released working papers addressing different areas of digital policy. For the...

The Uber Bubble: Why Is a Company That Lost $20 Billion Claimed to Be Successful?

In the first of three interrelated articles, transportation consultant Hubert Horan discusses Uber's "uncompetitive economics." There is no real innovation in the company's business...

High-Priced Acquisitions of Tech Startups Do Not Always Stimulate More Innovation

What seems to be a big reward to innovation ultimately reduces the incentive to innovate, argues a new Stigler Center working paper by Krishna...

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....