type here...

Globalization

Antitrust and Competition

Brazil’s Fair Digital Competition Bill Offers an Alternative to Regulating Big Tech

Beatriz Kira
Beatriz Kira argues that Brazil’s proposed digital competition bill shows how the Global South can strengthen regulation of Big Tech platforms without forfeiting competitiveness. Brazil’s efforts build on global models yet chart their own course and belie the false dichotomy between encouraging national business development and protecting competition and its benefits.
Antitrust and Competition

Whither Pro-Competitive Industrial Policy?

Laura Phillips-Sawyer
Laura Phillips-Sawyer writes that history shows that antitrust and industrial policy have often served as complements to one another. Industrial policy has succeeded when it has targeted specific industries to invest in their ability to compete, rather than protect them from competition.
Antitrust and Competition

How the Pursuit of Bigness, Geopolitical Hegemony, and Crony Capitalism Are Threatening Antitrust’s Rule of Law

Eleanor Fox
Eleanor M. Fox and Harry First warn that global strategies and political pressures are undercutting the neutral, rule-of-law competition system.
Antitrust and Competition

Europe Needs First A Consolidated Internal Market. Business Consolidation May Follow

Xavier Vives
Xavier Vives argues that to create firms that can compete on the international level, the European Union does not need to ease its merger regime or encourage market power. Rather, encouraging European market integration will allow firms to draw in investment and scale up their operations.
Development

Global Financial Liberalization Has Failed To Live Up to Its Promise

Damien Capelle
In new research, Bruno Pellegrino and Damien Capelle find that while global capital markets have grown dramatically over the past five decades and reached new jurisdictions, the uneven pace of financial liberalization has failed to reallocate capital to lower-income countries, reduced world GDP by 5.9%, and increased inequality between rich and poor countries.
Book Excerpts

Conscience Incorporated

Michael Posner
The following is an excerpt from Michael Posner’s recent book, Conscience Incorporated: Pursue Profits While Protecting Human Rights, reprinted here with permission from NYU Press.
Development

Faustian Bargains

Adithya Chintapanti
The following is an excerpt from the book Law, Development and Regulatory Globalisation The Case of the World Bank in India's Electricity Sector, by Adithya Chintapanti.
Book Excerpts

Seeing Others

Michèle Lamont
In an excerpt from her new book, Seeing Others, sociologist Michèle Lamont describes the impact of neoliberal ideas on the working class.
Globalization

Globalization’s Uneven Impact on Women’s Occupational Attainment

Yoav Roll
The literature on globalization’s impact on women’s workforce participation generally takes a positive outlook but still produces mixed results. In their research, Yoav Roll,...

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.