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Fiona Scott Morton

Fiona M. Scott Morton is the Theodore Nierenberg Professor of Economics at the Yale University School of Management. Her area of academic research is empirical industrial organization, with a focus on empirical studies of competition. Her published articles range widely across industries, from magazines, to shipping, to pharmaceuticals, to internet retailing, and are published in leading economics journals. From 2011-12 Professor Scott Morton served as the Deputy Assistant Attorney General for Economics at the Antitrust Division of the U.S. Department of Justice, where she helped enforce the nation’s antitrust laws. At Yale SOM she teaches courses in the area of competitive strategy. She served as Associate Dean from 2007-10 and has won the School’s teaching award twice.
Antitrust and Competition

Split the Legal, Economic and Policy Arguments of the Draft Merger Guidelines

Fiona Scott Morton
To support the Agencies’ goals of stronger antitrust enforcement, Fiona Scott Morton recommends breaking the draft Merger Guidelines into three documents that clarify the Guidelines’ legal and economic justifications and overarching goals and priorities.
Antitrust and Competition

The Life of Antitrust’s Consumer Welfare Model

Herbert Hovenkamp
“Consumer welfare” as an objective of antitrust law and regulation has its origins in several vague and even conflicting ideas of how to evaluate...
Antitrust and Competition

Fighting New Antitrust Rules Is a Bad Move for Big Tech

Brooke Fox
With new limits on platforms taking effect in the EU and U.S. politicians showing greater willingness to defy tech titans, companies would do better...
Antitrust and Competition

Why Congress Should Pass the American Innovation and Choice Online Act

Fiona Scott Morton
The bill, which is the Senate is expected to vote on soon, would improve competition, increase innovation, benefit consumers, and provide the US with...
Antitrust and Competition

How Europe Can Enforce the Digital Markets Act Effectively 

Alexandre de Streel
As the European Commission gets ready to embark on the complicated task of implementing the recently agreed-upon Digital Market Act, which would regulate Big...
Antitrust and Competition

What Economists Mean When They Say “Consumer Welfare Standard”

Leah Samuel
Though coined by academic economists, the term “consumer welfare standard” has been captured and changed by the economic school of thought known as the...
Antitrust and Competition

The Real Dish on the T-Mobile/Sprint Merger: A Disastrous Deal From the Start

Melody Wang
The Trump-era DOJ’s decision to allow the T-Mobile/Sprint merger will go down as one of the worst merger-enforcement mistakes in decades. This merger will...
Antitrust and Competition

Preventing Drug Shortages and Saving Lives: The Role of Quality and Reliability Standards

Rena Conti
Prescription drug shortages have become more common in recent years, interrupting usual medical care and increasing patient risk and system costs, but they are...
Antitrust and Competition

How Will the Digital Markets Act Regulate Big Tech?

Cristina Caffarra
While the recently introduced Digital Markets Act rules might change prior to final approval, there is a lot to consider already. What are these...
Antitrust and Competition

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

Ariel Hsieh
Social media is associated with the prevalence of mood disorders, depression, and anxiety. With no regulations to address the dangers of addictive digital content,...
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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.