Interview Series: Is There a Concentration Problem in America?

"The Financialization of the U.S. Economy Has Produced Mechanisms That Lead Toward Concentration"

In this installment of ProMarket’s interview series on concentration in America, Gerald Berk from the University of Oregon discusses the political implications of concentration.  Does...

“The Increase in Common Ownership Corresponds to the Concentration Increase That Several Large Mergers Would Create”

In this installment of ProMarket’s interview series on concentration in America, Martin Schmalz from the University of Michigan talks about the effects of common ownership...

“There Is Unambiguous Evidence That Concentration Is on the Rise and Widespread Over Most Industries”

In this installment of ProMarket’s interview series on concentration in America, Cornell University professor Roni Michaely shares data on rising concentration in the U.S. economy. Does America have...

“Industries Where Market Power Can Harm Consumers the Most Are the Ones We Should Care Most About”

In this installment of ProMarket’s interview series on concentration in America, Chicago Booth professor and former chair of President Obama’s Council of Economic Advisers...

"I Suspect the Major Reason for the Rise in Concentration Is Technological Change, Particularly in IT"

In this installment of ProMarket’s interview series on concentration in America, Chicago Booth professor Steven Kaplan discusses the reasons for the rise in concentration. "Overall,...

"Antitrust Policy Relies More Heavily on Beliefs Rather Than a Strong Consensus About Facts"

In this installment of ProMarket’s new interview series on concentration in America, Chicago Booth professor emeritus Sam Peltzman shares some thoughts on concentration and...

"There Is a Clear Perception That the European Commission Is More Active In Antitrust Than the U.S. Agencies"

In this installment of ProMarket's interview series on concentration in America, Tommaso Valletti, the European Commission’s Chief Competition Economist, shares some thoughts on economic concentration...

"Our New Economy Enables the Winners to Capture Much More of the Welfare"

In this installment of ProMarket’s new interview series on concentration in America, Ariel Ezrachi and Maurice Stucke discuss bigness, market power, and the digital...

“No Convincing Evidence That Concentration Has Been a Major Factor in Explaining Poor U.S. Economic Performance”

In this installment of ProMarket's new interview series on concentration in America, Chicago Booth professor Dennis Carlton strikes a skeptical note concerning claims that increased...

“Growing Evidence That Some U.S. Regulators May Value the Profits of the Incumbents They Regulate Over Consumer Welfare”

In this installment of ProMarket's new interview series, we ask Fiona M. Scott Morton of Yale University about the effects of concentration in America and...

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The Monopoly Harms That Antitrust Keeps Missing

In his new book Monopolized, journalist David Dayen tells the stories of individuals who have suffered at the hands of monopolists, showing...

Special Interests Hide Behind Regulatory Myths

Three myths about federal regulation help prevent much of the public, and many experts, from realizing how many regulations serve to promote...

The Persuasive Effect of Fox News: How Increases in Fox News Viewership Reduced Compliance With Social Distancing Guidelines

Using zip-code level data on Fox News viewership and individual cellphone movement data, a recent study finds that increasing the local viewership...

Bethany McLean’s Weekend Reading List: Eastman Kodak, Private Equity Hospitals, and America’s First Female Recession

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

Tech Monopolies Are the Reason the US Now Has a TikTok Problem

Tech platforms like Facebook say we should protect, empower, and celebrate their concentrated power for the sake of America’s national security. But...