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Utsav Gandhi

Utsav Gandhi is a Research Professional and Communications Manager with the Stigler Center, where he oversees the strategy and execution of all external facing communications and marketing initiatives, and supports research projects on political economy. A native of Mumbai, India, Gandhi holds a BSc from the Illinois Institute of Technology and an MPP from The University of Chicago’s Harris School of Public Policy, where he completed extensive coursework in technology policy and digital media.
Research

Stakeholder Motivations for “Private Sanctions” Against Russia

As the war in Ukraine enters its second year, a new study measures stakeholders’ desire to see their firms exit Russia and...
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Covid-19

Event Notes: How Will China Move on from the Covid-19 Pandemic?

Countries around the world have overseen wide-ranging public health responses to the Covid-19 pandemic. On June 10, the Stigler Center hosted a...
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Antitrust and Competition

Data is Abundant But is it Accessible to Researchers?

Despite the wide availability of data, ensuring independent access to data sources has never been more crucial. How can researchers engage in...
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Antitrust and Competition

Google’s Anticompetitive Conduct and the Remedies to Prevent It

The Stigler Center, of which ProMarket is a part, recently hosted a panel discussion looking at the antitrust case against Google and...
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Antitrust and Competition

How Should Antitrust Deal With Facebook? A Stigler Center Panel Investigates

Panelists at the Stigler Center’s recent antitrust conference look at the antitrust case against Facebook and discuss potential theories of harm, as...
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Latest news

Antitrust and Competition

The Kroger-Albertsons Merger Threatens Smaller Upstream Suppliers

Richard Volpe
Much of the conversation of the proposed Kroger-Albertsons merger has focused on the risks to consumers. However, the merger also poses serious implications for the grocers’ upstream suppliers, particularly smaller regional firms.
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Regulation

Why Have Uninsured Depositors Become De Facto Insured?

Michael Ohlrogge
Due to a change in how the FDIC resolves failed banks, uninsured deposits have become de facto insured. Not only is this dangerous for risk in the banking system, it is not what Congress intends the FDIC to do, writes Michael Ohlrogge.
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Antitrust and Competition

Merger Law Reaches Acquirer Incentives and Private Equity Strategies

Steven Salop
Steven C. Salop argues that Section 7 of the Clayton Act prohibits mergers in which the acquiring firm’s unilateral incentives and business strategy are likely to lessen market competition.
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Antitrust and Competition

Tim Wu Responds to Letter by Former Agency Chief Economists

Tim Wu
Former special assistant to the president for technology and competition policy Tim Wu responds to the November 27 letter signed by former chief economists at the Federal Trade Commission and Justice Department Antitrust Division calling for a separation of the legal and economic analysis in the draft Merger Guidelines.
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Book Reviews

Can the Public Moderate Social Media?

Surya Gowda
ProMarket student editor Surya Gowda reviews the arguments made by Paul Gowder in his new book, The Networked Leviathan: For Democratic Platforms.
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Income Inequality

Uninhibited Campaign Donations Risks Creating Oligarchy

Valentino Larcinese, Alberto Parmigiani
In new research, Valentino Larcinese and Alberto Parmigiani find that the 1986 Reagan tax cuts led to greater campaign spending from wealthy individuals, who benefited the most from this policy. The authors argue that a very permissive system of political finance, combined with the erosion of tax progressivity, created the conditions for the mutual reinforcement of economic and political disparities. The result was an inequality spiral hardly compatible with democratic ideals.
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ESG, Corporate Governance & Future of the Firm

Did the Meme Stock Revolution Actually Change Anything?

Dhruv Aggarwal, Albert H. Choi, Alex Lee
Many financial commentators thought that the surge of retail investors participating in the stock market, the most notable of whom boosted “meme stocks” like GameStop, would democratize corporate governance and improve prosocial firm behavior, including the promotion of environmental, social, and governance (ESG) goals. In new research, Dhruv Aggarwal, Albert H. Choi, and Yoon-Ho Alex Lee find evidence that the exact opposite took place.
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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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