regulatory capture
Designating Tech Platforms as “Information Fiduciaries” Would Do Little to Address the Source of Their Power
The notion that Facebook, Google, and Twitter should be assigned fiduciary duties toward their end users has gained broad support in recent years. However, this...
Study: Political Connections Lower Companies’ Tax Rates and Risk of Being Audited
How does the revolving door between Congress and corporate America affect the enforcement of tax policy? A new study examines how tax rates change...
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...
How to Address the Privacy and Security Challenges Posed by Big Tech
The idiosyncrasies of the American approach to regulation have left the world’s largest economy ill-equipped to protect consumers and guide firms when it comes...
How to Protect the News Media in the Age of Digital Platforms
Digital platforms present a new formidable threat to the news media that market forces will not correct if left to their own devices. The...
How to Mitigate the Political Impacts of Social Media and Digital Platform Concentration
Ahead of its annual conference on Digital Platforms, Markets and Democracy, the Stigler Center formed a committee to produce independent white papers that will...
The Political Footprint of Big Tech in Five Easy Charts
Big tech firms have been active in Washington since the early days of the Microsoft antitrust case, but in recent years they have increased...
Market Concentration, Regulation, and Europe´s Quest for a New Industrial Policy
Weakening competition policy in Europe risks creating monopolies rather than industrial champions.
An interventionist style of industrial policy, one that revolves around picking winners, has...
