Concentration
70 Years of US Corporate Profits
A new Stigler Center working paper shows that after decades of decline, profits started increasing in the early 1980s.
Financial profit is ostensibly the...
Luigi Zingales Proposes Creation of Interdisciplinary Committee on Digital Platforms Regulation
The Committee on Internet Platforms Regulation, proposed Zingales would be comprised of academics and experts on the industry.
At the end of the Stigler Center’s conference...
The Unprecedented Power of Digital Platforms to Control Opinions and Votes
In Chapter 6 of our Digital Platforms and Concentration conference ebook, a research psychologist who, with an associate, discovered the search engine manipulation effect (SEME)...
Does the European Union Use Its Antitrust Power for Protectionism?
The European Commission’s 2001 decision to stop GE’s acquisition of Honeywell might be the most famous of its several decisions to interfere in mergers...
The Stigler Center Dedicates Second Annual Antitrust and Competition Conference to Digital Platforms and Concentration
The invitation-only conference will bring together economists, law scholars, intellectuals, venture capitalists, and businesspeople to debate how to promote competition in a world of...
New Evidence and Legal Theories About Horizontal Shareholding
Harvard Law School professor Einer Elhauge on his new paper on horizontal shareholding, which provides new empirical evidence that even when horizontal shareholders individually...
New Study Shows Just How Bad the US Labor Market’s Competition Problem Really Is
In recent decades, antitrust policy has all but ignored the issue of monopsony power. Yet a new paper shows that across the US economy,...
Inequality, Imperialism, and the First World War
Branko Milanovic on his new paper with Thomas Hauner and Suresh Naidu exploring inequality prior to World War I and providing empirical support for...
Mergers Are Bad for Innovation
Mergers tend to reduce overall innovation, making consumers “always worse off after a merger," says Tommaso Valletti, the European Commission’s Chief Competition Economist.
As competition authorities...
Study: Politically-Connected Firms More Likely to Receive Favorable Merger Reviews from Antitrust Regulators
A new study finds that firms connected to members of the House and Senate judiciary committees are more likely to receive favorable merger reviews.
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