Digital platforms

The Paramount Decrees and the Deregulation of Hollywood Studios

A landmark antitrust decision on Hollywood will sunset this year, paving the way for more major studios to overpower independent producers and...

Too Many Economists Are Using a Flawed Theory To Defend Dominant Platforms’ Self-Preferencing Practices

Congress is currently considering two major bills that would regulate “self-preferencing” and related conduct by dominant digital platforms. Criticism of these bills...

Unfair Methods of Competition

The FTC’s new policy on unfair methods of competition is an assertion of the original purpose of the agency, allowing it to...

Fighting New Antitrust Rules Is a Bad Move for Big Tech

With new limits on platforms taking effect in the EU and U.S. politicians showing greater willingness to defy tech titans, companies would...

The Tech Barons’ Ideological Platter

Far from their self-promoted image as the world’s most innovative companies, the major tech platforms stifle plenty of innovation and invest in...

How to Design Data Protection Laws That Actually Work 

More and more countries are passing data protection laws, yet empirical studies show that these laws rarely deliver on their promises. A...

The Critiques Against the American Innovation and Choice Online Act Miss the Mark

In an opinion piece, Yelp’s general counsel Aaron Schur argues that recent criticisms against the bill, which the Senate is expected to...

Two New Papers Suggest Antitrust Law is Not Equipped to Address Personalized Pricing and Algorithmic Cartels

Two recent articles by Michal Gal and Ramsi Woodcock look at pricing algorithms and consumer harm. Both identify potential nightmare scenarios and...

Why Congress Should Pass the American Innovation and Choice Online Act

The bill, which is the Senate is expected to vote on soon, would improve competition, increase innovation, benefit consumers, and provide the...

Can Companies Use Climate Change as an Excuse to Obtain More Market Power? A ProMarket Interview

In an interview with ProMarket, Jürgen Kühling, the chair of Germany’s Monopolies Commission, discusses the relationship between climate change and antitrust, what...

LATEST NEWS

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.