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Commentary

The Price We All Pay When Corporations Dodge Criminal Charges

Ellen Podgor
Corporations can sidestep prosecution by cooperating with the government and offering up employees to avoid their own criminal liability. Ellen S. Podgor discusses two prominent reasons why the current approach to corporate criminality is inefficient.
Development

Global Financial Liberalization Has Failed To Live Up to Its Promise

Damien Capelle and Bruno Pellegrino
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.
Academic Capture

How Have Ideas on Conflicts of Interest in Competition Scholarship Changed Since 2018?

Andy Shi
ProMarket interviews Magali Eben and Giorgio Monti about changes to the disclosure policy of the The Academic Society for Competition Law (ASCOLA) and the broader conversation on conflicts of interest in antitrust and competition scholarship.
Antitrust and Competition

Do Firms Use Connections to the President To Avoid Antitrust Scrutiny?

Claire Liu and Jared Stanfield
In new research, Claire Liu and Jared Stanfield examine how relationships between corporate leaders and the United States president enable firms to capture regulation and avoid antitrust scrutiny.
Antitrust and Competition

What Do the Epic Games’ Lawsuits Against Apple and Google Say About the DOJ’s Apple Case?

Herbert Hovenkamp
Herbert Hovenkamp reviews Epic Games’ lawsuits against Apple and Google for restraining users’ ability to access Epic’s offerings through third-party app stores. A comparison of the two ecosystems sheds light on what remedies would improve benefits to consumers and how the Department of Justice’s own lawsuit against Apple may fare.
Antitrust and Competition

Weaponizing Antitrust and Regulation Will Hurt US Consumers

Diana L. Moss
Diana Moss reviews four recent examples of the Trump administration weaponizing antitrust and regulation to stifle opposing ideological and political viewpoints.

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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.