Market power

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 their history...

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 their own...

The House’s Big Tech Hearing: Break Ups Large and Small?

Last week’s epic House hearing on online platforms raised many issues, chief among which was the question who gets to operate at scale. Last week’s...

Top 10 Admissions from Tech CEOs Secured at the Antitrust Hearing

This week’s Congressional hearing produced evidence of anticompetitive conduct that state attorneys general and private enforcers can use to pursue the dominant platforms under...

The EU’s Attempt at Updating Antitrust Market Definition for the Digital Age

The rise of digital platforms has upended markets and the very act of market definition—the basic unit of antitrust analysis. With the review of...

Fixing Facebook Would Take More Than Collective Action – It Requires Structural Change

With its dominant market power and its role as both social outlet and news provider, Facebook possesses enormous power over the flow of free...

Here’s How Covid-19 Is Boosting Monopolization and Market Power

Monopolization and consolidation can happen for what seem to be good, or least necessary, reasons. How we respond as a society depends on how...

Why Amazon Is Poised to Emerge from the Covid-19 Crisis Stronger Than Ever

So far, Amazon has reacted to the coronavirus outbreak with restrictions designed to cement its market power at the expense of merchants and consumers. Amazon...

Virus-Enhanced Market Power: American Small Businesses Are Kept Hostages by Amazon

Amazon announced restrictions on the type of merchandise it will allow sellers and vendors to send into its warehouses because Amazon’s fulfillment services (FBA) has reached...

“This Crisis Is Different: the Coronavirus Is a Social Disease Which We Need to Tackle as a Community”

In an extensive interview, former Governor of the Reserve Bank of India and Chicago Booth professor Raghuram Rajan discusses the pandemic's impact on financial...

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