Monopoly power

Freiburg and Chicago: How the Two Worlds of Neoliberalism Drifted Apart Over Market Power and Monopolies

Early neoliberals tended to view market power and monopolies as phenomena that somehow had to be reined in by an institutional framework...

Why We Need To Re-think Friedman’s Ideas About Monopolies

Friedman’s New York Times Magazine article on the social purpose of business was a specific intervention in the debate over shareholder activism...

What the Biden DOJ Can Learn From the Clinton and Obama Years on How to Tackle America’s Monopoly Problem 

The Clinton DOJ attacked international cartels. The Obama DOJ prioritized merger enforcement. The Biden DOJ needs to focus on America’s monopoly problem.

The Monopoly Harms That Antitrust Keeps Missing

In his new book Monopolized, journalist David Dayen tells the stories of individuals who have suffered at the hands of monopolists, showing...

Big Tech Is Officially Too Big to Manage

Last week’s Congressional hearing on Big Tech showed the CEOs of the four largest tech platforms unable to answer basic questions about...

LATEST NEWS

Healthcare Companies Spent More on Lobbying Than Any Other Industry Last Year

Threatened by regulated price caps from congress, the pharmaceutical industry spent nearly $390 million on lobbying in 2021 according to new data...

Antitrust and Rule by Judges

The early-1980s Posner-Stigler memorandum to incoming president Reagan’s transition team is interesting for a host of reasons, but most of all in...

Should the European Union Require Tech Firms to Adopt a Common Charger?

According to a new European Commission directive expected to be approved in the next few months, tech firms will have to use...

Chart of the Week: Economists Don’t Think Congress Should Make Price Gouging Illegal

Most economists disagree with a new bill in the US that would set limits on "unconscionably excessive prices," according to a recent...

Neoliberal Economists Are Giving Biden Bad Advice on Inflation

To spare the economy from the pain of further interest rate hikes, the President should aggressively pursue anticompetitive conduct by companies in...