digital advertising

How To Handle Big Tech Acquisitions Under Uncertainty

The Federal Trade Commission recently failed to stop Meta’s acquisition of virtual reality company Within, while the Department of Justice is now...

Understanding the DOJ’s Decision To Seek a Jury Trial in the Google Ad Tech Case

The Department of Justice recently sued Google for conduct relating to its ad tech services, accusing the search giant of unlawful monopolization....

Should Facebook Pick a Side?

Boycott organizers want Facebook to “pick a side” and align its corporate operations with aggressive activism on issues such as racism and...

How Google and Facebook Made Digital Advertising Markets Increasingly Opaque to Protect Their Dominance

According to the British Competition and Markets Authority, barriers to entry are so high that not even Amazon is a real threat to Google...

The Chicken/Egg Problem With Google Search That Prevents Competition

Google controls the British search market, according to the UK's Competition and Markets Authority. Its 90 percent market share and profits from general search are...

Google’s and Facebook’s Grip on Digital Advertising Markets

Since July 2019, the UK's Competition and Markets Authority has been conducting an extensive investigation of the digital advertising market. In its preliminary report on...

LATEST NEWS

The Chicago Boys and the Chilean Neoliberal Project

In a new book, The Chile Project: The Story of the Chicago Boys and the Downfall of Neoliberalism, Sebastian Edwards details the history of neoliberalism in Chile over the past seventy years. The Chicago Boys—a group of Chilean economists trained at the University of Chicago through the U.S. State Department’s “Chile Project”—played a central role in neoliberalism’s ascent during General Augusto Pinochet’s rule. What follows is an excerpt from the book on University of Chicago economist Milton Friedman’s 1975 visit to Chile to meet with Pinochet and business leaders.

Creating a Modern Antitrust Welfare Standard that Integrates Post-Chicago and Neo-Brandeisian Goals

Darren Bush, Mark Glick, and Gabriel A. Lozada argue that the Consumer Welfare Standard  is inconsistent with modern welfare economics and that a modern approach to antitrust could integrate traditional Congressional goals as advocated by the Neo-Brandesians. Such an approach could be the basis for an alliance between the post-Chicago economists and the Neo-Brandesians.

Getting Partisans To Listen to One Another Can Reduce Political Polarization

In new research, Guglielmo Briscese and Michèle Belot find that reminding Americans of shared values can open lines of communication and help reduce political polarization.

The State of The Debate on U.S. Antitrust and Competition

This year’s Stigler Center conference on antitrust and competition invited scholars to propose alternatives to the consumer welfare standard.

The Impact of Algorithms on Competition and Competition Law

Antonio Capobianco, the deputy head of the OECD Competition Division and one of the authors of the 2023 OECD report on algorithmic competition and collusion, explains the risks that algorithms and artificial intelligence pose to competition and how regulators can approach the changing competition paradigm.