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rent seeking

Does a CEO Have a Duty to Lobby?

We need not only more disclosure, but also more work in alerting people in general (and students in particular) about the distortive effects of...
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Break Up the Police

In most cities in America, it is not the police that answers to the mayors, but the mayors to the police. The...
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Here’s How Covid-19 Is Boosting Monopolization and Market Power

Monopolization and consolidation can happen for what seem to be good, or least necessary, reasons. How we respond as a society depends...
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Piketty on the Covid-19 Crisis: “It Is High Time to Use This Opportunity to Counter the Dominant Ideology and Significantly Reduce Inequality”

In an interview with ProMarket, Thomas Piketty speaks about his new book, the role of ideology as a driver of inequality, and...
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The Coronavirus Crisis Has Exposed Private Equity’s Unsustainable Business Model

Private equity portfolio companies are heavily indebted, and they aren’t generating enough cash to service debts. The steady increase in asset values...
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Inequality Has Increased Far Less Than You Think (If You Consider Social Security Benefits)

In the United States, Social Security accounts for nearly 60 percent of the total wealth of the bottom 90 percent. Once Social Security is...
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The Cantillon Effect: Why Wall Street Gets a Bailout and You Don’t

According to the 18th-century French banker and philosopher Richard Cantillon, who benefits when the state prints money is based on its institutional setup. In...
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The Populist Right Has a Plan to Take Power Away From Financiers and Challenge China

The nationalist rhetoric of the Trump administration can obscure a more sophisticated recognition by some people in the populist world that the core dynamic...
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MBA Students Against Corporate America: “Stop Lobbying the White House on the Defense Production Act”

Since the virus outbreak, the US Chamber of Commerce has lobbied the federal government to limit the use of a piece of legislation that...
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“The Way Insurance Companies Have Rigged Our Health Care System, They’re Probably Going to Emerge as Financial Winners from This”

Author and former health insurance executive Wendell Potter explains to ProMarket why the employer-based health care system in the US is “collapsing” and why health...
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LATEST NEWS

Antitrust and Competition

Digital Platforms Should Contribute to the Enforcement of Sector-Specific Regulations

Augustin Chapuis-Doppler, Vincent Delhomme
Tech companies often rely on the European Union’s outdated e-Commerce Directive to oppose and undermine new laws and regulations. The EU should...
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Antitrust and Competition

How Does the House Antitrust Report on Digital Markets Compare to Others Around the World?

Filippo Maria Lancieri
While the House Majority Report on digital platforms, published earlier this month, differs from other analyses both in terms of its structure...
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Antitrust and Competition

Tech Isn’t the Only Sector Deserving of Antitrust Investigation

Alec Stapp
The House Judiciary Committee’s antitrust report was a missed opportunity. The 450-page report focused solely on digital markets. But what about antitrust...
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Antitrust and Competition

Addictive Social Media: Why We Need Regulation and Competition for Digital Platforms

Ariel Hsieh, Fiona Scott Morton, J. Niels Rosenquist, Samuel Weinstein
Social media is associated with the prevalence of mood disorders, depression, and anxiety. With no regulations to address the dangers of addictive...
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Antitrust and Competition

The US v. Google Case Bears More Than a Little Resemblance to the Microsoft Antitrust Case

Sally Hubbard
In many ways, the DOJ’s complaint is a near clone of the Microsoft case, making it a strong, low-risk first step in...
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ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.

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