Market power
Banning Noncompete Agreements Benefits Low-Wage Workers
Examining the effects of a 2008 ban on noncompete agreements for low-wage workers in Oregon, a recent paper finds that the ban increased average...
A Fair Amount of Freedom for Everyone: Aaron Director Did Have Ideals
David Henderson of the Hoover Institution defends the legacy of Aaron Director, the most enigmatic among the founders of the so-called "Chicago School." Director, argues...
“The Digital Robber Barons Kill Innovation”: the Stigler Center's Report Enters the Senate
In a letter submitted to the record by the US Senate Subcommittee on Antitrust currently investigating Big Tech, Luigi Zingales expounds on the Stigler...
Presenting: The Stigler Center’s Report on How to Rein in Big Tech
The Stigler Center presents its policy suggestions on how to address the political and economic issues raised by the market power of tech platforms...
The Cost of America’s Oligopoly Problem
An innovative new study finds substantial, increasing deadweight losses resulting from oligopolistic behavior and points to the important role that startup acquisitions—particularly by large...
How Robert Bork Fathered the New Gilded Age
Much like in the first Gilded Age, antitrust enforcers today are hitting labor, not capital. This is thanks to Robert Bork’s radical and influential...
The Limits of Private Action: What the Past 40 Years Taught Us About the Perils of Unregulated Markets
The two big ideas that animated American public policy since the end of World War II, employer-sponsored social benefits and neoliberalism, are failures. We...
How Amazon's Pricing Policies Squeeze Sellers and Result in Higher Prices for Consumers
Amazon's price matching policies, which were meant to ensure its dominant position, diminished the ability of brands to control how their products are distributed...
Global Declining Competition
Studies of the evolution of market power since 2000 have focused mostly on publicly traded US firms. This column introduces a new global study...
How Reforming Antitrust Can Restore a Competitive Economy
For decades, competition in America has been on the wane, leading to slower economic growth and a gaping chasm of inequality. Antitrust can help...
