Market power
Freiburg and Chicago: How the Two Worlds of Neoliberalism Drifted Apart Over Market Power and Monopolies
Early neoliberals tended to view market power and monopolies as phenomena that somehow had to be reined in by an institutional framework in order...
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 and promote...
The Profit Paradox: “What’s Good for Firms Is Not Necessarily Good for the Workers”
In an interview with ProMarket, Jan Eeckhout discusses his new book The Profit Paradox and explains how market power brings down wages, even if...
Concentration in the EU: Where It is Increasing and Why
Increasing concentration is not unique to the US—recent studies show that concentration is rising in Europe as well, although to a lesser extent than...
Congress Is Leaning Towards a Big Tech Breakup
The dominant platforms have proven themselves to be ungovernable. Behavioral remedies, especially those that require continuous oversight, might be pushed aside. The only issue...
How the FTC Protected the Market Power of Pharmacy Benefit Managers
Pharmacy Benefit Managers (PBMs) were established in the 1960s to control drug costs but have since morphed into one of the most highly concentrated...
Facebook Could Be Heading Towards a Breakup
Assuming Facebook’s acquisitions can be shown to have eliminated emerging rivals, reversing those acquisitions via divestiture—“the most important of antitrust remedies”—is the logical place...
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, and Teddy...
Three Steps the Biden Administration Should Take to Tackle America’s Monopoly Problem
The Biden Administration can revive federal antimonopoly enforcement after 40 years of little action, even when faced with congressional opposition. Here’s how.
The new Biden...
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 competitive harms...
