Mergers

AT&T Shellacs the Government in Time Warner Merger Case

Professor Randy Picker of the University of Chicago Law School offers an early take on yesterday’s AT&T-Time Warner decision.     The US government got its clock...

Editors’ Briefing: This Week in Political Economy (May 4–May 12)

A whistleblower alleges fraud in the audits of Silicon Valley companies; AT&T acknowledges that hiring Michael Cohen was a "bad mistake"; new analysis finds that...

Why the T-Mobile–Sprint Merger Will Likely Lead to Higher Prices and Lower Quality

The rise in prices of mobile services risks imposing a higher tax on most households, higher than any possible tax rebate they might receive.  The...

Two Views of Exclusion: Why the European Union and the United States Diverged on Google

What accounts for the difference in contemporary EU and US antitrust doctrine? Examined closely, says William E. Kovacic in Chapter 4 of our forthcoming...

Editors’ Briefing: On Our Radar This Week (April 1–April 7)

This week in political economy.       Facebook acknowledged this week that the Cambridge Analytica data breach affected 87 million users (reportedly including 2.7 million Europeans)—37...

A German Approach to Antitrust for Digital Platforms

In Chapter 2 of the ebook Digital Platforms and Concentration, forthcoming ahead of the Stigler Center’s annual antitrust conference on April 19 and 20, Justus...

Editors’ Briefing: On Our Radar This Week (March 10-March 17)

This week in political economy.     A federal appeals court voided the Department of Labor's “fiduciary rule,” an Obama-era rule that instructed financial professionals like...

Why Behavioral Remedies Won't Work in the Case of AT&T-Time Warner

It is clear from the economics in the government’s complaint against the AT&T-Time Warner merger that the harms to competition articulated by the Department...

Editors’ Briefing: On Our Radar This Week (Dec. 9–Dec. 16)

This week in political economy.      House and Senate Republicans released the final version of their tax bill late Friday afternoon. The Washington Post breaks...

Will Repeal of Net Neutrality Accelerate the Trend in Media Consolidation? The History of Cable Suggests "Yes"

The history of cable and cable programming strongly suggests that without specific FCC safeguards, we can expect a massive “arms race” by providers to...

LATEST NEWS

The Fall of American Manufacturing and the Rise of Health Care

In an excerpt from his new book The Next Shift, University of Chicago historian Gabriel Winant explores how deindustrialization and the decline...

Antitrust and the FTC: Franchise Restraints on Worker Mobility

As currently formulated, antitrust’s rule of reason approach is not the best tool to deal with vertical noncompete agreements that limit worker...

How to Make the Market for Real Estate Agents More Competitive

Delinking buyer and seller commissions will make markets for real estate agent services more competitive, allowing buyers and sellers to negotiate commissions...

Dislocation, Dislocation, Dislocation: Covid, the Retail Crisis, and REITs

In an excerpt from his new book Retail Recovery, retail expert and author Mark Pilkington explores the impact of the sector's decline...

Addressing Climate Change Must Begin with Verifiable Carbon Accounting

Robert Kaplan and Karthik Ramanna propose a new approach for verifiable accounting on indirect corporate emissions that would apply to all corporations,...