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The Role of the State

Antitrust and Competition

Reviewing Facebook’s Mergers Could Have Negative Ripple Effects

Randy Picker
How the pre-merger notification regime came about and why we should be careful about discouraging useful mergers. December 2020 was an extraordinary period in US...
Antitrust and Competition

Giving Away Our Data for Free is a Market Failure

Nicholas Economides
By convincing users to give away their data for free, digital platforms have caused a market failure. This failure benefits them and harms us,...
Antitrust and Competition

Should Antitrust Promote Political Liberty? A Stigler Center Webinar Features Fukuyama, McCarty, Teachout, and Nylen

ProMarket writers
A Stigler Center panel explores the challenges of designing an antitrust enforcement regime that could contend with the political power of corporate monopolies. Should antitrust...
Antitrust and Competition

The Antitrust Cases Against Facebook And Google: In Search of a Smoking Gun

Samuel Weinstein
In the Microsoft antitrust case, Bill Gates’ emails were perhaps the government’s most compelling evidence. Now, as regulators pursue antitrust cases against Facebook and Google,...
Antitrust and Competition

False News Has a Long History—But Those In Power Failed To Heed It

Samuel Woolley
In his book The Reality Game: How the Next Wave of Technology Will Break the Truth, Samuel Woolley explores how governments failed to foresee...
Antitrust and Competition

The Great Deplatforming: Can Digital Platforms Be Trusted As Guardians of Free Speech?

Robert Sprague
Online social media platforms accepted the role of moderating content from Congress in 1996. The Great Deplatforming that occurred after January 6 was less...
Antitrust and Competition

How Wall Street Is Devastating Our National Security

Lucas Kunce
Even the Pentagon now realizes that Wall Street’s insatiable appetite for easy profits and love of monopoly has become a clear and present danger...
Antitrust and Competition

Digital Platforms May Be Monopolistic Providers, But They Are Not Infrastructure

Carlo Amenta
Social media platforms are not infrastructure nor natural monopolies, and they should be regulated only if they have monopolistic power and abuse it. Free...
Antitrust and Competition

The Digital Markets Act Represents a Change in Europe’s Approach to Digital Gatekeepers

Florence G’sell
The Digital Markets Act is not a competition tool as such. Rather, it is a market regulation whose main objective is to guarantee equal...
Antitrust and Competition

Pentagon Report Points to Two Major Risks to National Security: Consolidation and Shareholder Capitalism

Asher Schechter
A Pentagon report released earlier this month warns that concentrated supply chains, offshoring, and a "business climate that has favored short-term shareholder earnings” have...
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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.