type here...

Latest

Antitrust and Competition

“Pay for Half” Offers a Better Remedy for Google’s Search Monopoly

Alissa Cooper, Fiona Scott Morton and Nick Jacobson
A remedy of “Pay for Half” that limits the share of devices for which Google can pay for default search status, as well as the share of revenue Google can pay its channel parters for that status, offers a middle ground that would help restore competition while preserving revenue for distribution partners, argue Alissa Cooper, Fiona Scott Morton, and Nick Jacobson.
ESG, Corporate Governance & Future of the Firm

Corporate Leaders Have Moved Left, But the Money Hasn’t Followed

Reilly Steel
In new research, Reilly S. Steel finds that corporate leaders’ individual political preferences are shifting left, but their aggregate spending remains skewed to the right. 
Antitrust and Competition

Merger Review Should Test for Labor Market Mavericks

Shishene Jing
Although merger review now acknowledges potential harms to labor markets, the analytical tools remain underdeveloped. Shishene Jing proposes identifying “labor market mavericks” as companies essential to maintaining competition among employers and preventing mergers that could reduce wages and other worker benefits.
Stigler Center News

Call for 2027 Applications: The Stigler Center Journalists in Residence Program

ProMarket writers
The Stigler Center has opened applications for its Journalists in Residence Program. Applications are due September 20. The Stigler Center has opened applications for its...
Democracy

American Slaveholders Lost Their Wealth but Kept Their Political Power

Luna Bellani, Anselm Hager and Stephan Maurer
In new research, Luna Bellani, Anselm Hager, and Stephan Maurer examine how the abolition of slavery after the American Civil War affected the political influence of former slaveholders. Despite the blow to their economic standing, former slaveholders maintained their electoral success, and once in office, their influence actually grew.
Antitrust and Competition

Chilean Regulators Are Exploring the Effects of a “No Exception” Rule Against Most-Favored Nation Clauses in Digital Markets

Manuel Abarca Meza
Chilean authorities are testing an unofficial “independence rule” that forbids digital platforms from exerting further influence over how business users set their own prices through most-favored-nation clauses. Manuel Abarca Meza assesses how this rule could potentially fit into antitrust case law and whether or not it effectively weighs the risks against market efficiencies.

POPULAR THIS WEEK

The publication of the Stigler Center at The University of Chicago Booth School of Business

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.