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Nicholas Shaxson

Nicholas Shaxson is a writer and journalist specialising in the intersections between finance, economics, market power and society. He is currently writing his next book, focusing on market power, which will be published in 2026.
Antitrust and Competition

Is Competition Law Making Us Sick?

Benjamin Wood
In new research, Benjamin Wood, Sven Gallasch, Nicholas Shaxson, Katherine Sievert, and Gary Sacks write that competition underenforcement and a narrow regulatory focus on prices and output has allowed industries that produce harmful consumer products, such as tobacco or ultra-processed foods, to increase demand and, consequentially, harm to society. They argue that competition law must evolve to consider health impacts.

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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.