monopoly

The House’s Big Tech Hearing: Break Ups Large and Small?

Last week’s epic House hearing on online platforms raised many issues, chief among which was the question who gets to operate at...

Top 10 Admissions from Tech CEOs Secured at the Antitrust Hearing

This week’s Congressional hearing produced evidence of anticompetitive conduct that state attorneys general and private enforcers can use to pursue the dominant...

Fixing Facebook Would Take More Than Collective Action – It Requires Structural Change

With its dominant market power and its role as both social outlet and news provider, Facebook possesses enormous power over the flow...

The United States: An Exceptional Case? A Webinar With Stephen Haber, Richard R. John, and Luigi Zingales

Many see the US as a land where free markets and antitrust enforcement have historically kept monopolies under control. But is that...

Amazon-Owned Movie Theaters: the Next Step in Entertainment Industry Consolidation

Amazon is in talks to buy AMC Theaters, whose business model was jeopardized by the coronavirus pandemic. Other streaming companies, such as...

Here’s How Covid-19 Is Boosting Monopolization and Market Power

Monopolization and consolidation can happen for what seem to be good, or least necessary, reasons. How we respond as a society depends...

How the Tension Between Big Business and Antitrust Will Reshape Post-Covid America

Big Business is going to be structuring the response to the pandemic, at least temporarily. A new generation of leaders and thinkers...

Too Big to Jail: How Powerful Korean Executives Escape Indictment or Conviction

The failures to hold the founding families of Korean conglomerates accountable for crimes undermined the rule of law and the corporation system, which are...

Zoom, Netflix, Slack: Amazon Is Behind All the Services We Use to Work From Home (and That’s a Problem)

The new normal for millions of people represents a near-total dependence on Amazon’s cloud-computing operation, Amazon Web Services (AWS), and places a substantial portion...

The Darkest Side of Monopsony: The South Korean Case

"Chaebols”, large business groups controlled by founder families, are usually considered a crucial ingredient of South Korea's economic miracle. But after a process of...

LATEST NEWS

Voters Still Believe Politics is About the Common Good, Not Just Rent-Seeking

Do voters still believe that politics can be a source for common-good policies and not just partisan bickering and rent-seeking? With political...

How to Design Data Protection Laws That Actually Work 

More and more countries are passing data protection laws, yet empirical studies show that these laws rarely deliver on their promises. A...

Are Monopolists or Cartels the True Source of Anticompetitive US Political Power?

Trade associations are often the biggest obstacles to competitive markets, especially when those organizations use their influence to change public policy in...

The Uber Files Reveal The Risk of Private Interests Controlling Our Data

Researchers discovered that the introduction of Uber had negative impacts on transportation, findings that required cooperation with public authorities when Uber refused...

Google’s Anticompetitive Conduct and the Remedies to Prevent It

The Stigler Center, of which ProMarket is a part, recently hosted a panel discussion looking at the antitrust case against Google and...