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“A Loaded Weapon”: Francis Fukuyama on the Political Power of Digital Platforms

In an interview with ProMarket, Francis Fukuyama discusses the political threat posed by digital platforms and why he believes a “middleware” solution...

What Should the Biden Administration’s Antitrust Agenda Look Like? A Roundtable

How will US antitrust policy look under President Joe Biden? We caught up with four antitrust experts—Jonathan Baker, Zephyr Teachout, William Kovacic,...

What the Department of Justice Can Learn from the European Union’s Antitrust Investigations Into Google

The Department of Justice has opened antitrust investigations into Google's (alleged) attempt to monopolize online advertising. While the case recycles old grievances...

The Judiciary Antitrust Subcommittee Has Charted a Course for President-Elect Biden: He Should Follow It

Real antitrust reform of the kind offered by the Judiciary Antitrust Subcommittee is needed to assist enforcers in precisely the types of...

The US v. Google Case Bears More Than a Little Resemblance to the Microsoft Antitrust Case

In many ways, the DOJ’s complaint is a near clone of the Microsoft case, making it a strong, low-risk first step in...

“Amazon Is Getting Richer by the Moment —But There’s a Limit to How Many People Jeff Bezos Can Buy”

In an interview with ProMarket, Barry Lynn discusses the current state of American antimonopoly, what the Covid-19 crisis has taught us about...

The Roots of Congress’ Pathbreaking Report on Big Tech

While the House Judiciary report is chock-full of impressive “gotcha” moments concerning anticompetitive conduct by tech platforms, the real bombshell is the...

Contextualizing the Dispute Between Australia, Facebook, and Google

The Australian Competition and Consumer Commission's draft news media bargaining code for digital platforms has elicited aggressive responses from both Google and...

Why We Should Be Careful About Google’s Promises in the Fitbit Deal

Google claims its acquisition of Fitbit is not about data, but hardware. This is simply not credible. Data plays a crucial role...

Big Tech Is Officially Too Big to Manage

Last week’s Congressional hearing on Big Tech showed the CEOs of the four largest tech platforms unable to answer basic questions about...

LATEST NEWS

George Stigler on Henry Simons, “Crown Prince” of the Chicago School

To mark 75 years since the passing of Henry Simons, professor of Economics and Law at the University of Chicago, ProMarket is...

Electoral College Reform: New Problems or Real Solutions?

Each electoral system creates specific incentives to (mis)allocate government resources. Would putting the National Popular Vote (NPV) in lieu of the Electoral...

When Do Users Benefit From Platform Mergers?

A new paper shows that platform mergers can harness network effects at the cost of reducing the platform differentiation that users value. 

Harold Demsetz and Israel Kirzner Understood That Competition Regulates Markets

Economists Harold Demsetz and Israel Kirzner challenged the prevailing orthodoxy in microeconomic analysis and public policy beginning with their respective work in...

The Covid-19 Pandemic Should Not Delay Actions to Prevent Anticompetitive Consolidation in US Health Care Markets

Harvard Business School professor Leemore Dafny lays out potential reforms to assist agencies in halting anticompetitive acquisitions and practices, and to preserve...