type here...

Commentary

An outlet for insiders to speak freely (as they remain anonymous to the reader) on what they perceive as problematic practices in their own industry – with an emphasis on how the industry tweaks the rules of the game and captures regulation.
“People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. It is impossible indeed to prevent such meetings, by any law which either could be executed, or would be consistent with liberty and justice.” Adam Smith – An Inquiry into the Nature and Causes of the Wealth of Nations (1776)

Commentary

Global Corruption Would Be Impossible Without Help From the West

Alexander Cooley
Kleptocracy is often thought to plague developing countries, but this grand corruption would be infeasible without the West’s financial and legal plumbing to launder misbegotten gains. American and European government initiatives to remedy their complicity have run aground or even reversed course, particularly in the United States under the new Trump administration, writes Alexander Cooley.
Commentary

La Grande Illusione of the International Anti-Corruption Fight

Fabio De Pasquale
Fabio De Pasquale, a prosecutor at the Milan prosecutor’s office who led the investigation into energy conglomerates Eni and Shell for their alleged involvement...
Commentary

A Decentralized Education System Risks Slowing the Adoption of GenAI to the Harm of Students

Eli Orbach
Eli Orbach examines how the United States’s decentralized education system impedes the diffusion and adoption of generative artificial intelligence in K-12 schools. Slow and uneven diffusion will exacerbate current socioeconomic inequalities, harm students’ future work prospects, and impede macroeconomic growth and productivity.
Antitrust and Competition

The FTC’s Investigation Into Gender-Affirming Care Exemplifies Its Impressment Into the Culture Wars

Luke Herrine
Luke Herrine evaluates the Federal Trade Commission’s transformation into a political tool to advance a conservative social agenda. He argues that no FTC initiative better exemplifies the agency’s politicization than its investigation into gender-affirming care that threatens transgender rights and autonomy.
Antitrust and Competition

The Future of the Online Platform Regulation Act in South Korea

Hwang Lee
South Korea’s proposed Online Platform Regulation Act has taken multiple turns amid political upheaval, pressure from the United States, and a fiercely competitive domestic tech market. Hwang Lee explores how global geopolitics, strong domestic platforms, and the "Brussels Effect" are reshaping the country’s approach to digital regulation.
Commentary

The Price We All Pay When Corporations Dodge Criminal Charges

Ellen Podgor
Corporations can sidestep prosecution by cooperating with the government and offering up employees to avoid their own criminal liability. Ellen S. Podgor discusses two prominent reasons why the current approach to corporate criminality is inefficient.
Antitrust and Competition

What Do the Epic Games’ Lawsuits Against Apple and Google Say About the DOJ’s Apple Case?

Herbert Hovenkamp
Herbert Hovenkamp reviews Epic Games’ lawsuits against Apple and Google for restraining users’ ability to access Epic’s offerings through third-party app stores. A comparison of the two ecosystems sheds light on what remedies would improve benefits to consumers and how the Department of Justice’s own lawsuit against Apple may fare.
Antitrust and Competition

Weaponizing Antitrust and Regulation Will Hurt US Consumers

Diana L. Moss
Diana Moss reviews four recent examples of the Trump administration weaponizing antitrust and regulation to stifle opposing ideological and political viewpoints.
Commentary

The Tradeoffs of Transparency in Sovereign Debt Markets

Mark Weidemaier
It is an economic truism that markets operate more efficiently and fairly when there is more transparency. However, in the case of sovereign debt markets, the virtues of transparency are partially offset by its costs, writes Mark Weidemaier. Without an international regulator or bankruptcy court, opacity sometimes advances the public interest, including by helping financially distressed governments protect assets.
Commentary

It’s Time To Take Free Speech Back Into Our Hands

Alexandra Geese
Member of the European Parliament Alexandra Geese writes that illiberal politicians and Big Tech social media platforms have abused the principle of freedom of speech to suppress ideas with which they do not agree and promote hate speech. She provides three recommendations for retaking speech from the social media platforms that constitute today’s public sphere.
123...47Page 1 of 47

Latest news

View All

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.