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...

LATEST NEWS

Antitrust Misunderstands Innovation. This is how we fix it.

Antitrust misunderstands innovation by focusing almost entirely on incentives to innovate to the neglect of questions regarding the ability to innovate through...

How Should the Law Tackle Rapidly Evolving Financial Technologies?

The last half-century has witnessed an explosion of technology changing how the financial landscape functions for customers and new and legacy banking...

The Road to Hayek: A Comprehensive History of Neoliberalism’s Forefather

In their first of two volumes, historians of economics Bruce Caldwell and Hansjoerg Klausinger access new archival material to explore the first...

International Policymaking Must Evolve

In this Q&A about his new book for ProMarket, Paul Tucker explains the changing global order and the need for academics, policymakers...

Capitalism Does Not Require a Tradeoff Between Planet and Profit

Critics of capitalism claim that the economic system incorrigibly encourages the exploitation of the planet and is thus incompatible with efforts to...