Monopsony
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...
The Darkest Side of Monopsony: The South Korean Case
"Chaebols”, large business groups controlled by founder families, are usually considered a crucial ingredient of South Korea's economic miracle. But after a process of...
Antitrust’s Monopsony Problem
Four cases from the past decade alleging employer collusion against workers show that at present, antitrust law is ill-equipped to protect workers. A root...
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...
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...
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...
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...
Why Local Labor Market Concentration Is Lower Than It Used to Be, Even As National Concentration Increases
A new study compares the trends in national and local industrial concentration between 1976 and 2015, and explains why they diverged.
The idea that firms...
Editors’ Briefing: This Week in Political Economy (July 7–14)
Brett Kavanaugh is expected to bring his pro-business bent to the Supreme Court; the DOJ is appealing the AT&T-Time Warner merger approval; Britain fines...
Data Workers of the World, Unite!
With solutions to the threats of digital monopolies currently looking unlikely to come from the state, law and economics scholars Eric Posner and Glen...
