Regulation
Is the Digital Economy Much Less Competitive Than We Think It Is?
Maurice E. Stucke from the University of Tennessee Knoxville and Ariel Ezrachi of Oxford University explain how big data and artificial intelligence can be...
American Antitrust Is Having a Moment: Some Reactions to Commissioner Ohlhausen’s Recent Views
Contrary to what Federal Trade Commissioner Maureen Ohlhausen says, there is in fact no meaningful proof that consolidation generates social benefits.
Editor's note: In...
Certificate of Need Laws Show Entry Barriers Can Raise Spending
In most states, health care providers who seek to open a new hospital must obtain a “certificate of need” (CON) from a state board certifying...
SEC and Revolving Doors: Q&A with Eric Ben-Artzi, the Deutsche Bank Whistleblower Who Rejected a Multimillion Dollar Award
ProMarket interviews Eric Ben-Artzi, the former Deutsche Bank risk officer turned whistleblower who rejected an $8.25 million award from the SEC.
In May 2015, Deutsche Bank...
Combatting External and Internal Regulatory Capture
External and internal capture may be reduced through a more logical division of labor between Congress and agencies.
In these hyper-partisan times, one is hard-pressed...
Regulators as Validators
Special interest groups can use their influence over regulation to water down not just potential legal sanctions but also potential reputational sanctions.
What deters corporate...
Are “Pay for Delay” Settlements in Patent Litigation Collusive?
A new study suggests that “pay for delay” settlements–in which generic drug manufacturers that challenge the patents of branded drug firms agree to drop...
The Elusiveness of Regulatory Capture
Regulatory capture is hard to pin down, its elusiveness stemming from four principal factors.
Nearly everyone sees regulatory capture – and rightly disdains it. And...
Regulatory Capture is Not “Inevitable”
“Capture” has become a self-fulfilling prophecy of economists who turn their students into sure-to-fail regulators.
A Wall Street Journal editorial asserted the “inevitability” of...
Prosecuting Corporate Criminals
Prosecutions of individual corporate criminals can, in fact, be successful—and are critical for attaining justice.
It is difficult to escape the inference that the Great...
