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Digital Platforms

Antitrust and Competition

“A Loaded Weapon”: Francis Fukuyama on the Political Power of Digital Platforms

Asher Schechter, Filippo Lancieri
In an interview with ProMarket, Francis Fukuyama discusses the political threat posed by digital platforms and why he believes a “middleware” solution...
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Antitrust and Competition

Digital Platforms Should Contribute to the Enforcement of Sector-Specific Regulations

Augustin Chapuis-Doppler, Vincent Delhomme
Tech companies often rely on the European Union’s outdated e-Commerce Directive to oppose and undermine new laws and regulations. The EU should...
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Antitrust and Competition

How Does the House Antitrust Report on Digital Markets Compare to Others Around the World?

Filippo Lancieri
While the House Majority Report on digital platforms, published earlier this month, differs from other analyses both in terms of its structure...
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Antitrust and Competition

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

Ariel Hsieh, Fiona Scott Morton, J. Niels Rosenquist, Samuel Weinstein
Social media is associated with the prevalence of mood disorders, depression, and anxiety. With no regulations to address the dangers of addictive...
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Antitrust and Competition

Contextualizing the Dispute Between Australia, Facebook, and Google

Filippo Lancieri
The Australian Competition and Consumer Commission's draft news media bargaining code for digital platforms has elicited aggressive responses from both Google and...
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Antitrust and Competition

Competition in Digital Markets: What Have We Learned So Far?

Filippo Lancieri, Patricia Morita Sakowski
A new Stigler Center working paper systematically analyzed and summarized 21 reports issued by 17 antitrust authorities and expert panels on the...
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Antitrust and Competition

How US Regulators Allowed Google and Facebook to Become Dominant

Filippo Lancieri
The UK's Competition and Markets Authority recently criticized Google and Facebook's excessive market power. American regulators, on the other hand, have allowed them to consolidate...
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Antitrust and Competition

How to Restore Competition in Digital Advertising Markets and Protect Users

Filippo Lancieri
The UK's Competition and Markets Authority is considering a range of interventions in digital advertising markets, among them obliging Google to share click and query...
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Antitrust and Competition

How Google and Facebook Made Digital Advertising Markets Increasingly Opaque to Protect Their Dominance

Filippo Lancieri
According to the British Competition and Markets Authority, barriers to entry are so high that not even Amazon is a real threat to Google...
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Antitrust and Competition

The Trump Administration Attacks the Stigler Report on Digital Platforms

Luigi Zingales, Filippo Lancieri
President Trump’s 2020 Economic Report finally confronts the issue of antitrust enforcement both in the traditional economy and in the digital one....
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Latest news

News

Delaware: The State Where Companies Can Vote

Hal Weitzman
Adapted from What’s the Matter with Delaware: How the First State Has Favored the Rich, Powerful, and Criminal—and How It Costs Us...
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Antitrust and Competition

The NCAA Goes After College Athletes’ NIL Money—Here are the Antitrust Implications for Workers and Consumers

Ted Tatos
Having lost in the Supreme Court on student-athlete academic benefits, the NCAA has signaled a continuing attempt to suppress competition in the...
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Corporate Governance

Have Business Roundtable Companies Lived Up to Their Stakeholder Commitments?  

Lucian Bebchuk, Roberto Tallarita
In 2019, more than 100 CEOs of US public companies signed a Business Roundtable statement in which they pledged to deliver value...
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Inequality

Do Protests Matter At All for Shifting Government Policy Around Economic Redistribution?

Belinda Archibong
New research on the effectiveness of protests on government distributions provides insights into the political incentives of a country’s leadership and the...
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Antitrust and Competition

Mergers and Smoking Guns

Erik Peinert
A recently uncovered memo from George Stigler and Richard Posner reveals how they thought about antitrust and merger policy in advising the...
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Corporate Governance

Will “Portfolio Primacy” Throw a Monkey Wrench in Elon Musk’s Plans to Acquire Twitter?

Bernard Sharfman
The SEC's definition of fiduciary duty allows institutional shareholders to vote against Elon Musk's Twitter takeover bid thanks to portfolio primacy.
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Antitrust and Competition

How Europe Can Enforce the Digital Markets Act Effectively 

Alexandre de Streel, Fiona Scott Morton, Jacques Crémer, Amelia Fletcher, Paul Heidhues, Giorgio Monti, Rupprecht Podszun, Monika Schnitzer
As the European Commission gets ready to embark on the complicated task of implementing the recently agreed-upon Digital Market Act, which would...
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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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