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The Role of the State

Antitrust and Competition

Competition Makes IT Better

Leonardo Iacovone
In spite of its potential, the use of digital technology is still basic in most developing countries. This column presents evidence that firms in...
Antitrust and Competition

UN Study Warns: Growing Economic Concentration Leads to “Rentier Capitalism”

Asher Schechter
A new study by the United Nations Conference on Trade and Development argues: The “endemic rent-seeking that stems from market concentration, heightened corporate power,...
Antitrust and Competition

Mergers Are Bad for Innovation

Asher Schechter
Mergers tend to reduce overall innovation, making consumers “always worse off after a merger," says Tommaso Valletti, the European Commission’s Chief Competition Economist. As competition authorities...
Antitrust and Competition

Antitrust in the Labor Market: Protectionist, or Pro-Competitive?

Marshall Steinbaum
Redirecting antitrust enforcement to confront monopsony power would be a substantial departure from the way it has been conducted in recent decades, but just...
Antitrust and Competition

“A Slow, Creeping Consolidation of Power by Big Money Over Think Tanks in the United States”

Guy Rolnik
Following his ouster from New America, antitrust scholar Barry Lynn talks to ProMarket about academic capture and the power of digital platforms like Google. Over the...
Antitrust and Competition

Study: Politically-Connected Firms More Likely to Receive Favorable Merger Reviews from Antitrust Regulators

Asher Schechter
A new study finds that firms connected to members of the House and Senate judiciary committees are more likely to receive favorable merger reviews.     The...
Antitrust and Competition

The Rise of Market Power and the Decline of Labor’s Share

Asher Schechter
A new paper argues that the decline of the labor and capital shares, as well as the decline in low-skilled wages and other economic trends, have been...
Antitrust and Competition

How Markets in Europe Opened Up as Guild Monopolies Declined in the Sixteenth Century

Prateek Raj
Markets don’t function well if they are ridden with frictions like lack of information or lack of trust. A new working paper finds that...
Antitrust and Competition

Amazon at $1,000 – Should We Be Celebrating?

Lina M. Khan
Amazon, whose stock price crossed $1,000 per share last week, illustrates the shortcomings of our current antitrust regime. Last Tuesday, Amazon’s stock price crossed $1,000...
Antitrust and Competition

"The Financialization of the U.S. Economy Has Produced Mechanisms That Lead Toward Concentration"

ProMarket writers
In this installment of ProMarket’s interview series on concentration in America, Gerald Berk from the University of Oregon discusses the political implications of concentration.  Does...
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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.