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Beyond Friedman’s Doctrine: The True Purpose of the Business Corporation

Martin Lipton
The pandemic and the renewed focus on inequality and injustice arising in the wake of the death of George Floyd have accelerated the conversation...
What we are reading

Long-Concealed Records Show Trump’s Chronic Losses and Years of Tax Avoidance

ProMarket writers
What we are reading

Law Firms Pay Supreme Court Clerks $400,000 Bonuses. What Are They Buying?

ProMarket writers
Media

Bethany McLean’s Weekend Reading List: Stocks, Stakeholders, and Fracking

Bethany McLean
Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.  So the market is sane, right? Well. I'd...
What we are reading

Amazon Restricts How Rival Device Makers Buy Ads on Its Site

ProMarket writers
Antitrust and Competition

The ACCC’s News Media Bargaining Code: Experimenting with “Decentralized Regulation” of Dominant Digital Platforms

Cristina Caffarra
The Australian Competition and Consumer Commission recently proposed a mandatory bargaining code to govern negotiations between digital platforms like Google and Facebook and publishers...
News

Market Forces Already Address ESG Issues and the Issues Raised by Stakeholder Capitalism

Eugene F. Fama
When do market forces push firms toward stakeholder goals, rather than just shareholder goals? When do market forces push firms toward ESG goals? When...
What we are reading

Tiktok Judge Asks U.S. Whether to Delay Trump’s Ban of App

ProMarket writers
What we are reading

Donald Trump Refuses to Commit to Peaceful Transfer of Power

ProMarket writers
What we are reading

TikTok Files for Injunction to Stop Ban of App

ProMarket writers
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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.