Documents released by British Parliament show Facebook’s attempts to stifle competition; the Consumer Financial Protection Bureau no longer protects consumers; provider consolidation is driving...
New report reveals America’s “concentration crisis”; antitrust enforcers and regulators in Europe are going after Amazon, Facebook and Google; Facebook’s ongoing Soros debacle; and...
Facebook’s latest scandal leads lawmakers to proclaim: “Big tech can no longer be trusted”; New Yorkers vow to resist Amazon’s HQ2 deal; monopolization is...
Facebook is still open to manipulation by malicious political actors; the dialysis industry has spent over $100 million to fight a ballot measure that...
Corporate executives warm up to Brazil’s far-right presidential candidate Jair Bolsonaro; the US is developing into a “plutocracy,” says former Fed chairman; Tim Cook...
Facebook's WhatsApp finds itself at the center of Brazil's political upheaval; the EU is pushing ahead with its planned tax on tech platforms; Trump’s replacement for...
The DOJ approves the CVS-Aetna merger, radically altering the landscape of US health care; Sheldon Adelson pumps millions into GOP races; Silicon Valley’s Saudi...
Brazil's business community rallies around far-right authoritarian; Associate Justice Brett Kavanaugh enters the Supreme Court; Amazon raises its minimum wage to $15 an hour;...
The implementation of central bank digital currencies as the primary medium of exchange would exacerbate the flaws of our current fiat system which encourage banks to overextend credit and create liabilities that they cannot redeem. This will worsen the already recurring cycles of financial crises, writes Vibhu Vikramaditya.
A pervasive "Whig" view of United States antitrust history among scholars and practitioners celebrates the Merger Guidelines' implementation of increasingly sophisticated economic methods since their...
While the development of artificial intelligence has led to efficient business strategies, such as dynamic pricing, this new technology is vulnerable to collusion and consumer harm when companies share the same software through a central platform. Gabriele Bortolotti highlights the importance of antitrust enforcement in this domain for the second article in our series, using as a case study the RealPage class action lawsuit in the Seattle housing market.
In response to both Herb Hovenkamp’s February 27 article in ProMarket and, perhaps more importantly, also to Hovenkamp’s highly regarded treatise, Lawrence B. Landman, first, shows that the Future Markets Model explains the court’s decision in Meta/Within. Since Meta was not even trying to make a future product, the court correctly found that Meta would not enter the Future Market. Second, the Future Markets Model is the analytical tool which Hovenkamp says the enforcers lack when they try to protect competition to innovate.
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.