In new research, Francisco E. Beneke Avila proposes a multifactor test to distinguish between the legitimate exercise of the right to lobbying and efforts to capture areas of public policy. He argues that the latter is an abuse of the firm’s political rights that can justify the intervention of EU competition authorities when corporate political activity leads to a lessening of competition. 

Shishene Jing argues that the fair use doctrine's central question—whether a use is sufficiently transformative to avoid licensing requirements—breaks down when applied to AI. Transformativeness worked as a test because transformative uses rarely competed financially with the originals. AI training severs that relationship, as it is both the most transformative use of copyrighted material and the use best equipped to displace their markets.

In new research, Benjamin Rosa finds that when states ban affirmative action, minority- and women-run businesses become smaller than other contractors and are less likely to enter the market, but are no more likely to close their businesses entirely. 

In new research, Ricardo Perez-Truglia and Jeffrey Yusof study what drives Americans’ support for antitrust enforcement. They find that information about traditional consumer welfare harms, such as higher prices or less choice, has the largest and most durable impact.

In new research, Li Azinovic-Yang, John D. Kepler, Ava E. Speros, and Christopher R. Stewart find that over the last two decades, companies in the United States have grown to expect customer relationships to last longer, mostly due to higher costs associated with switching to competitors’ products. Over the long term, this lock-in reduces competition and consumer welfare.

The rise of the far right has been a defining feature of political systems in developed democracies over the past two decades. In recent research, Alison Johnston and Juliet Johnson demonstrate that domestic bond investors have become an important constraint on populist governments and their access to capital.