Commentary

Teaching Bezos a Lesson in Free Markets

Luigi Zingales invites guest contributors to the Washington Post’s op-ed pages to boycott the opinion section in response to the recent decision by the...

ProMarket is the Place for Debate

Brooke Fox writes about ProMarket as a digital space where intellectual debate can take place without the influence of special interests. Who should control the...

Concentration in Social Media Undermines Product Design Quality and User Experience

Alissa Cooper and Zander Arnao argue that a lack of competition in social media has allowed dominant platforms to design algorithms to maximize for...

Pluralism in Media Markets Is About Democracy, Not Economics

Media pluralism is a core democratic value in Europe. Upholding it requires that media concentration is scrutinized beyond its impact on competition in the traditional economic formulation. By addressing the challenges posed by dominant media players and fostering a diverse information ecosystem, Europe aims to uphold media plurality as a democratic value and ensure that citizens can engage in informed decision-making. From this angle, the European approach to protecting media pluralism might offer an interesting comparative  perspective for the United States debate, write Maciej Bernatt and Marta Sznajder.

The Real Target of Trump’s Crypto Strategy is the Federal Reserve

The United States President has halted plans for a central bank digital currency: a mere show of strength to undermine the Fed’s independence, writes...

How To Enforce the Robinson-Patman Act Under a Raising Rivals’ Cost Approach

Steven Salop explores the presumptions and evidence that could undergird Commissioner Melissa Holyoak’s preferred “Raising Rivals’ Cost” approach to the enforcement of the Robinson-Patman Act.

America’s Advantage in Clean Production Can Make Manufacturing Great Again

Karthik Ramanna writes that if the United States adopts a trade policy based on a dynamic emissions accounting method, it can achieve President Donald Trump’s goal of leveling the manufacturing playing field for American companies by penalizing foreign “dirty” producers, while also mitigating inflation and the risk of a trade war.

Expert Economist Testimonies Are Challenged More Often in Antitrust Cases

In a new working paper, Edoardo Peruzzi shows that under the Daubert standard for admissibility of expert witness, economists face more frequent challenges in antitrust litigation than in other legal domains, like patent or labor law. Additionally, plaintiffs’ experts are more likely to face a Daubert challenge than defendants’ experts.

What’s Ahead For The U.K.’s Industrial Policy Under Labour

The United Kingdom has struggled to implement long-term industrial policies in recent decades, writes Diane Coyle, a trend the new Labour Party promises to...

On This Inauguration Day, Can We Still Agree on What It Means To be American?

Polarization has sundered American politics and the crucial exchange of ideas and opinions underpinning its democracy. Karthik Ramanna writes that on this inauguration day,...

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