Lobbying

The Surprising Reason Most Firms Don’t Lobby

Benjamin Egerod explores the information gap that prevents a majority of firms from lobbying. He argues that the lack of lobbying participation from a majority of firms creates a lopsided playing field that gives more power to those that do.

Global Giants Team Up to Control Trade Policy

Hao Zhang examines how global value chain partnerships among large, monopolistic firms in the US enable new forms of political coordination and coalition-building to influence trade policy in their favor, despite popular backlash against globalization.

The Problem with Political Antitrust

In new research, Nolan McCarty and Sepehr Shahshahani find that, contrary to the concerns of Neo-Brandeisians, Market et power does not correlate with political power via outsized lobbying.

Defense Contracts Are Going to the Best Connected, Not Necessarily the Best

In new research, Şenay Ağca and Deniz Igan use the shock of the September 11 attacks and declaration of war on Afghanistan to show...

Fighting New Antitrust Rules Is a Bad Move for Big Tech

With new limits on platforms taking effect in the EU and U.S. politicians showing greater willingness to defy tech titans, companies would do better...

Healthcare Companies Spent More on Lobbying Than Any Other Industry Last Year

Threatened by regulated price caps from congress, the pharmaceutical industry spent nearly $390 million on lobbying in 2021 according to new data from OpenSecrets. Healthcare...

Barriers to Entry as Another Source of Top Income Inequality

A new book, The Power of Creative Destruction, explores how lobbying contributes to the increase in the top 1 percent’s share of income. An...

Lobbying for Globalization: How the Winners Dominate the Politics of Trade Agreements

Lobbying on free trade agreements has been dominated by a few very large firms, which experience large gains as a result of the entry...

Recovering from Kleptocracy: A 10-Step Program

In his book Ill Winds: Saving Democracy from Russian Rage, Chinese Ambition, and American Complacency, Larry Diamond highlights 10 steps to close existing loopholes in the...

“Doubt is Their Product”: The Difference Between Research and Academic Lobbying

Tommaso Valletti, the former Chief Competition Economist of the European Commission, reflects on the intersection of academic economics and policymaking and offers advice to...

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