Market power
Why Antimonopoly Awoke From Its Slumber, Part 1: The Clinton Era’s Failed Utopia
In the first part of a three-part series, Matt Stoller explains why antimonopoly politics is experiencing a resurgence.
There are two basic components to...
Horizontal Shareholding’s Anticompetitive Effects and the Mechanisms That Produce It
Waiting for further proof of causal mechanisms before addressing the anticompetitive harm caused by horizontal shareholding is unjustified, just as it was when people...
The Effects of Concentration in the Asset Management Industry on Stock Prices
The asset management industry has become increasingly concentrated in recent decades. Regulators are concerned about the systemic risks this may pose. Using data from...
Did Facebook and Google “Blackmail” EU Experts to Avoid Discussing Their Market Power?
A new report by the journalist network Investigate Europe claims representatives of Facebook and Google pressured members of an EU working group on fake...
Antitrust Alone Is Not Enough to Combat the Problems Associated With Digital Platforms
Digital platforms present an enforcement challenge sufficiently daunting that it requires major reforms to antitrust law. But in order to restore lost competition, we...
When American Capitalism Meant Equality
Americans used to have a relatively egalitarian view of markets. How did they come to accept extreme inequality as an innate part of their...
How to Protect Competition and Consumers in Digital Markets
While some markets may self-correct, rapid self-correction in markets dominated by large digital platforms is unlikely. The economy and market structure subcommittee of the...
Restoring Antimonopoly Through Bright-Line Rules
The “consumer welfare” approach to antimonopoly is the main contributor to the extreme and dangerous concentrations of power that Americans face today. In place...
Amazon's Latest Supplier Purge Is a Classic Indicator of Price Predation
Regulators in Washington should immediately launch an investigation into Amazon’s e-commerce business.
In a recent article (and subsequent blog post), I argued that Amazon’s...
Regulators Should Not Change the Regulatory Environment to Include Labor Market Concentration
Research has shown that labor markets with higher levels of labor market concentration have lower wages. It does not necessarily follow that regulators should...
