Digital Platforms and Concentration ebook

Platforms and Adjacent Market Competition: A Look at Recent History

Chapter 7 of our Digital Platforms and Concentration conference ebook looks at some critical junctures in the history of competition between Big Tech companies...

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)...

Solutions to the Threats of Digital Monopolies

In Chapter 5 of the forthcoming Stigler Center ebook Digital Platforms and Concentration, published in anticipation of the eponymous conference at Chicago Booth on...

Two Views of Exclusion: Why the European Union and the United States Diverged on Google

What accounts for the difference in contemporary EU and US antitrust doctrine? Examined closely, says William E. Kovacic in Chapter 4 of our forthcoming...

What Makes Tech Platforms So Powerful?

What are the bases of the digital platforms’ power? In Chapter 3 of our Digital Platforms and Concentration ebook in advance of this month’s...

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...

A German Approach to Antitrust for Digital Platforms

In Chapter 2 of the ebook Digital Platforms and Concentration, forthcoming ahead of the Stigler Center’s annual antitrust conference on April 19 and 20, Justus...

eDistortions: How Data-opolies Are Dissipating the Internet's Potential

In this chapter from the forthcoming Stigler Center ebook Digital Platforms and Concentration, published in anticipation of the eponymous conference at Chicago Booth on...

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Why Have Uninsured Depositors Become De Facto Insured?

Due to a change in how the FDIC resolves failed banks, uninsured deposits have become de facto insured. Not only is this dangerous for risk in the banking system, it is not what Congress intends the FDIC to do, writes Michael Ohlrogge.

Merger Law Reaches Acquirer Incentives and Private Equity Strategies

Steven C. Salop argues that Section 7 of the Clayton Act prohibits mergers in which the acquiring firm’s unilateral incentives and business strategy are likely to lessen market competition.

Tim Wu Responds to Letter by Former Agency Chief Economists

Former special assistant to the president for technology and competition policy Tim Wu responds to the November 27 letter signed by former chief economists at the Federal Trade Commission and Justice Department Antitrust Division calling for a separation of the legal and economic analysis in the draft Merger Guidelines.

Can the Public Moderate Social Media?

ProMarket student editor Surya Gowda reviews the arguments made by Paul Gowder in his new book, The Networked Leviathan: For Democratic Platforms.

Uninhibited Campaign Donations Risks Creating Oligarchy

In new research, Valentino Larcinese and Alberto Parmigiani find that the 1986 Reagan tax cuts led to greater campaign spending from wealthy individuals, who benefited the most from this policy. The authors argue that a very permissive system of political finance, combined with the erosion of tax progressivity, created the conditions for the mutual reinforcement of economic and political disparities. The result was an inequality spiral hardly compatible with democratic ideals.