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Hovenkamp

Mergers and Smoking Guns

A recently uncovered memo from George Stigler and Richard Posner reveals how they thought about antitrust and merger policy in advising the...
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LATEST NEWS

Antitrust and Competition

Startup Acquisitions Have Undecided Effects on Innovation and Economic Growth

Christian Fons-Rosen, Pau Roldan-Blanco, Tom Schmitz
Startups are a major driver of innovation, but many startups are acquired by large incumbents. Do these acquisitions stifle innovation or promote...
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ESG & Corporate Governance

History Shows that Voluntary ESG Standards Lead to a More Focused ESG Disclosure

Ethan Rouen, Kunal Sachdeva, Aaron Yoon
In recent years, ESG reports have become more common for publicly traded companies. However, critics have found the information they provide to...
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Regulation

Letters that Matter: How Interest Groups Shape Financial Legislation

Renée Adams, Thomas Mosk
Members of Congress are inundated with an avalanche of correspondence on a daily basis. But what persuades them to heed the call?...
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Labor

Are There Really Gender Pay Differences in the CEO Labor Market?

Massimiliano Tani, Keiran Sharpe, Andrew Valentine
The gender pay gap is a well-documented phenomenon in global labor markets, but this gap does not seem to apply to the...
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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...
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ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.

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