Competition

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...

Rethinking Competition: From Market Failures to Ecosystem Failures

Despite the overwhelming importance of digital platforms, and the chatter around their recent rise, our understanding of digital ecosystems is still limited. As such,...

A Simple Way to Measure Tipping in Digital Markets

Digital markets are prone to “tipping.” Policymakers are starting to look at tipping as a market failure worthy of consideration. But as much as...

Revisiting Ohio vs. American Express: It’s Time for a More Nuanced Approach to Market Definition

Nearly three years ago, the Supreme Court decided the case of Ohio vs. American Express, which turned out to be one of the most...

Competition for Extortion: Evidence from 50,000 Extortion Payments in El Salvador

A new paper explores how truce deals between gangs are equivalent to collusion, and result in higher extortion prices that have negative consequences for...

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