Competition

Self-Preferencing Theories Need To Account for Exploitative Abuse

Patrice Bougette, Oliver Budzinski, and Frédéric Marty argue in their research that antitrust authorities on both sides of the Atlantic must take into consideration...

A New Merger Tool Protects Consumers from Limits of the Cournot Effect

The widely accepted Cournot effect assumes that the merger of complementary firms benefits downstream firms and consumers (in addition to the merged firms themselves)...

User Hesitancy Increases Online Platforms’ Incumbency Advantage

“Incumbency advantage” among Big Tech platforms recognizes that network effects prevent users from leaving established platforms for emerging competitors. Gary Biglaiser, Jacques Crémer, and...

The Needless Desertion of Robinson-Patman

ProMarket is kicking-off a discussion of the Robinson-Patman Act (RPA), an antitrust law preventing price discrimination that hasn't been enforced in decades. Erik Peinert...

Antitrust Enforcement, Inflation and Corporate Greed: What do we know?

At a recent Centre for Economic Policy Research (CEPR) event, panelists, including the Stigler Center's own Luigi Zingales, reflected on the roles antitrust enforcement...

2023 Antitrust and Competition Conference: Call for Papers

The Stigler Center is inviting submissions of short academic articles (up to 3000 words) focused on the development of a legal/economic standard that can...

Five New Pieces You Should Read from Chicago Booth Review

Chicago Booth Review recently published its fall issue covering a variety of new research. We suggest five articles from the issue on topics of...

Researchers Find Reduced Competition After Pandemic

The chart of the week comes from a new research paper that documents the increase in small business closures during the Covid pandemic, which...

Should The Competitive Process Test Replace The Consumer Welfare Standard?

Jonathan Kanter, Assistant Attorney General for the Department of Justice Antitrust Division, recently gave a speech condemning the use of the consumer welfare standard...

Who Benefits From Competitive State-Level Legislatures?

A new paper finds that when interparty competition in state legislatures is high, well-connected and influential incumbent firms are best able to take advantage...

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