Concentration

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.     The...

Raghuram Rajan: Populist Nationalism Is “the First Step Toward Crony Capitalism”

The former governor of the Reserve Bank of India discussed the “concentrated and devastating” impact that technology and trade had on blue-collar communities, the anger...

The Rise of Market Power and the Decline of Labor’s Share

A new paper argues that the decline of the labor and capital shares, as well as the decline in low-skilled wages and other economic trends, have been...

Big Four Audit Firms Enjoy a “Too Few to Fail” Regulatory Hall Pass

The failure of Enron and subsequent demise of Arthur Andersen led to significant changes for public reporting and auditing but not much change in...

LATEST NEWS