FTC
American History Provides a Valuable Lesson on How Monopolists Use Exclusive Deals to Fortify Their Market Power
Since the Civil War, dominant firms have widely and repeatedly used exclusive agreements to exert, expand, and fortify their market power. History shows that...
Identifying the Market In the Facebook Antitrust Case
Facebook can be a monopolist over a cluster of noncompeting products that do not fit the standard economic definition of a “market.” The key...
Facebook Break-up Can Be Feasible, Efficient, and Ultimately Beneficial to Consumers
Is the relief sought by the FTC in its case against Facebook the right way to go? In principle, yes. However, the FTC might...
Senator Klobuchar’s Antitrust Bill Doesn’t Go Far Enough
Senator Klobuchar’s bill includes many useful proposals to bolster antitrust enforcement, but the antitrust laws have been so weakened by the courts and by...
What Would Lina Khan’s FTC Nomination Mean For the Future of Antitrust Enforcement?
If confirmed, Khan’s nomination potentially heralds a profound shift in the way that antitrust law is enforced and discussed in the US.
Editor's note: Lina...
How the FTC Protected the Market Power of Pharmacy Benefit Managers
Pharmacy Benefit Managers (PBMs) were established in the 1960s to control drug costs but have since morphed into one of the most highly concentrated...
Why Isn’t the FTC Tackling Facebook’s Data-opoly?
Nothing in the FTC’s and states’ complaints’ prayer for relief seeks to give users greater control over their data, such as not being tracked...
The FTC’s Antitrust Case Against Facebook: Injunction, Divestiture, or Breakup?
While the FTC’s lawsuit against
Facebook is unlikely to lead to a “breakup,” it could force Facebook to undo
some mergers. Breaking things up is easy,...
Facebook Could Be Heading Towards a Breakup
Assuming Facebook’s acquisitions can be shown to have eliminated emerging rivals, reversing those acquisitions via divestiture—“the most important of antitrust remedies”—is the logical place...
Why Amazon Is Poised to Emerge from the Covid-19 Crisis Stronger Than Ever
So far, Amazon has reacted to the coronavirus outbreak with restrictions designed to cement its market power at the expense of merchants and consumers.
Amazon...
