competition policy
Antitrust Policy Can Be Captured Without Lobbying
In new research, Nicholas Short, Sophie Hill, and Jacob Brown examine "ideological capture": regulatory capture that works not through lobbying but through experts defining what goals and values regulators may consider. Surveying the public alongside antitrust lawyers, they find the consumer welfare standard marginalizes important public concerns, like the risk of increased layoffs or more lobbying power.
EU’s Aggressive Labor Competition Policy Clashes with Judicial Reality and Benefits No-One
In recent research, Christian Bergqvist argues that the European Union’s approach to wage-fixing, no-hire, and no-poach agreements reveals a lack of nuance that may end up harming competition.
The Corruption of Consumer Welfare
The consumer welfare standard is used in modern antitrust enforcement to evaluate a merger between two firms. However, its original definition was corrupted in...
Global vs. Local: What Drives Changes in Labor’s Share of Income
A new working paper examines the relationship between competition policy and the decline in the labor share across the developed world and finds that...
Is There a Problem with Competition?
A Stigler Center webinar explores instances where competition turns toxic, whether antitrust policy needs reform, and potential paths forward.
Is there such a thing as...
Paul Tucker on Unelected Power: A Technocrat against Technocracy
In a recent review of Paul Tucker’s new book Unelected Power (extracted here for ProMarket), Diane Coyle of the University of Manchester and the...
