Germany

New Research Shows The Breakup of IG Farben Increased Innovation

IG Farben used to be the world’s largest chemical company and a major innovator—until it was broken up in one of 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...

Chart of the Week: Two-thirds of Germans Support Russian Energy Embargo

A new survey of German citizens reveals the steps they'd support to help Ukrainians and punish Russia.

Lessons from the Past? How Ordoliberal Competition Theory Can Address Market Power in the Digital Age

Some of the lessons uncovered by ordoliberal thinkers during the interwar period in Germany could help us tackle the current challenges posed...

Should Google Still be Allowed to Crown the Kings in Digital Markets?

Google search is continuously evolving into a full service provider, directly selecting and presenting the information that we are looking for. At...

“Power Is Evil in Itself”: The Ordoliberal Quest for a Privilege-Free Order

The lesson from the quest of German ordoliberals for a privilege-free order from the 1930s to the 1950s is that once in...

Fahmi Quadir: “Short Sellers are Always an Easy Boogeyman”

In an interview with ProMarket, short-seller Fahmi Quadir, who has shorted companies like Wirecard and Valeant, discussed the public perception of short-sellers...

Taming Big Tech: What Can We Expect From Germany’s New Antitrust Tool?

Targeted at Big Tech, Germany’s new antitrust tool for dealing with large digital platforms rebalances the power between the competition watchdog and...

Wirecard Scandal: When All Lines of Defense Against Corporate Fraud Fail

Scandals such as Wirecard can destroy investor trust in capital markets working fairly and with integrity. A new policy brief commissioned by...

Seven Reasons Why the Wirecard Fraud Matters

We now know that Wirecard was a massive fraud. The company—treated like a rock star by regulators and key players in finance—fabricated...

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LATEST NEWS

Monetary Policy

How Many Banks Are at Risk of Insolvency Right Now?

Amit Seru, Erica Xuewei Jiang, Gregor Matvos, Tomasz Piskorski

Given the recent banking turmoil and failure of SVB and Signature and issues in First Republic, it is important to understand the...

Misinformation

The Challenges of Regulating Disinformation

Federico Vaccari

In response to rising concerns about political disinformation, governments have introduced a slew of interventions. Federico Vaccari warns in new research that...

Development

India’s Evolving Industrial Policy Is Critical for Realizing Its Development Vision

Nagesh Kumar

Industrial policy was once so out of fashion that it was jokingly called “the policy that shall not be named.” Now it’s...

Big Tech

Can Twitter Be a Force for Good? Social Media Helps Curb Corporate Misconduct

Jonas Heese, Joseph Pacelli

Collective shaming on social media is crucial in reducing corporate misbehavior — and society would be significantly worse off without watchdog platforms.

Populism

The Historical Cost of Populism

Moritz Schularick, Christoph Trebesch, Manuel Funke

Most work on populism has investigated the reasons why voters choose populist leaders and governments. In new research, Moritz Schularick, Christoph Trebesch,...