Competition
The Digital Markets Act Represents a Change in Europe’s Approach to Digital Gatekeepers
The Digital Markets Act is not a competition tool as such. Rather, it is a market regulation whose main objective is to guarantee equal...
Paul Romer: “If You Think Moderation is Censorship, You’ve Got a Competition Problem”
During a Stigler Center keynote webinar, Nobel laureate Paul Romer discussed concentration problems in the US and possible solutions, including a “pigouvian” tax, flexible...
Is There Really a Conflict Between Better Corporate Governance and More Competitive Product Markets?
A new study shows that the supposed tradeoff between better corporate governance and more competitive product markets may not exist. More commonly-owned firms have...
The Non-Revolving Door Between the SEC and the Plaintiffs’ Bar
Nowhere does the “revolving door” spin more quickly than at the Securities and Exchange Commission. But, even at the SEC, not all doors spin...
Big Tech Platforms and Schumpeter’s Creative Destruction
Schumpeter’s indirect entry theory fits the average tendencies of competition in digital industries. When the model is added to standard assumptions and suspicions, a...
Four Key Takeaways from Thursday’s Antitrust Subcommittee Hearing
Held just before the House’s antitrust subcommittee is expected to release its long-anticipated report on digital platforms, Thursday's hearing yielded clues as to which...
A New Capitalisn’t Episode, Featuring Paul Krugman: A Reading List
On this episode, Kate and Luigi talk with Nobel Prize-winning economist Paul Krugman about his new book Arguing with Zombies: Economics, Politics, and the...
A New Capitalisn’t Episode: a Coronavirus Reading List
In this episode, Kate and Luigi give an economist's view of the coronavirus outbreak: How should we think about the economic trade-offs of interventionist...
How to Regulate Digital Platforms: A Database
Over the past couple of years, many antitrust authorities commissioned expert groups or released working papers addressing different areas of digital policy. For the...
Can Horizontal Mergers Actually Boost Competition?
Research by Dirk Hackbarth and Bart Taub shows the potential to merge in the future increases competition prior to merging. Hence--in contrast to the...
