Labor
The Ties that Bind Workers to Firms: No-Poach Agreements, Noncompetes, and Other Ways Firms Create and Exercise Labor Market Power
Collusive no-poach agreements are per se illegal, but noncompete clauses are not. Recent research casts doubt on the rationale for this legal distinction and...
Antitrust Should Be Used as a Targeted Response to Employer Concentration, But It Can’t Do Everything
A large and growing body of research demonstrates that employer concentration affects the wages of many American workers. Antitrust is an important tool in...
The Fall of American Manufacturing and the Rise of Health Care
In an excerpt from his new book The Next Shift, University of Chicago historian Gabriel Winant explores how deindustrialization and the decline of the...
Antitrust and the FTC: Franchise Restraints on Worker Mobility
As currently formulated, antitrust’s rule of reason approach is not the best tool to deal with vertical noncompete agreements that limit worker mobility and...
Why a “Whole-of-Government” Approach is the Solution to Antitrust’s Current Labor Problem
For the majority of America’s regulatory history, the problem of employer monopsony was understood as a competition policy issue that required direct government-wide labor...
Antitrust’s Labor Market Problem
A series of academic studies in recent years highlighted the fact that labor markets are often highly concentrated and that employers use anticompetitive methods...
What does NCAA v. Alston Tell Us About Antitrust and Labor Markets?
The Supreme Court's recent ruling against the NCAA and in favor of student-athletes may seem narrow or trivial, but the Court's acknowledgement of the...
The Profit Paradox: “What’s Good for Firms Is Not Necessarily Good for the Workers”
In an interview with ProMarket, Jan Eeckhout discusses his new book The Profit Paradox and explains how market power brings down wages, even if...
Eliminating Baseball’s Antitrust Exemption Won’t End the Georgia Political Boycott
There are good arguments for getting rid of baseball's long-standing exemption from antitrust laws, but the reason cited by Republican Senators angry at MLB’s...
Organized Mimicry: Employers Against the Free Market
"Despite all the rhetorical support for free markets, it turns out that employers would rather corner their market, not free it, especially their market...
