Uber
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...
“Uber Has Higher Prices and Worse Service Than the Taxi Industry Had Ten Years Ago”
Following the Uber Files leaks, transportation expert Hubert Horan explains why Uber is “hopelessly uneconomic” and how its engagement with policymakers and...
Relationships With Academics at the Center of the Uber Files Revelations
The Guardian’s exposé on Uber’s strategy of engaging with top academic researchers to produce corporate-friendly research calls to mind concerns regarding academic...
Capitalisn’t in a New Episode on the Gig Economy: A Reading List
Companies like Uber, Lyft, and Doordash have brought the term "gig economy" into our lexicon. But what is the gig economy, really? In the...
Can Google Mobilize Its Users to Lobby Elected Officials?
Google has an 87 percent market share in the search business and the potential to mobilize more voters than the Democratic primaries, according to...
Uber’s “Academic Research” Program: How to Use Famous Economists to Spread Corporate Narratives
Uber's employees co-authored academic papers with brand name scholars that were then used to back the company's PR and lobbying strategy. Published in respected...
False Claims and Propaganda: Why Uber’s Narratives Are Wrong But Successful
Uber’s narratives reduce everything to emotive battles between good and evil. If Uber’s success is inevitable, and resistance is futile, no one needs to waste...
The Uber Bubble: Why Is a Company That Lost $20 Billion Claimed to Be Successful?
In the first of three interrelated articles, transportation consultant Hubert Horan discusses Uber's "uncompetitive economics." There is no real innovation in the company's business...
A Tale of Hubris and Excess: How Uber Fooled Portland Regulators
In an excerpt from his new book "Super Pumped: The Battle for Uber," New York Times reporter Mike Isaac reveals the details of Uber's...
Uber and the Sherlock Holmes Principle: How Control of Data Can Lead to Biased Academic Research
How can we ensure that academic journals do not become an unintended instrument in the PR efforts of powerful firms? Luigi Zingales offers some...
LATEST NEWS
Antitrust and Competition
Revising Guideline 6 With Evidence To Establish a Structural Inference for Input Foreclosure
Vertical merger law lacks the structural presumption of horizontal merger law, which shifts the burden from the government to the merging parties to provide evidence that a merger will not produce anticompetitive effects when it is known that the merger will substantially increase market concentration. To improve Guideline 6 of the draft Merger Guidelines concerning vertical foreclosure, Steven Salop develops a three-factor criteria with which the government antitrust agencies can show an analogous structural “inference” that shifts the burden of evidence to the merging parties.
Antitrust and Competition
How US Antitrust Enforcement Against Xerox Promoted Innovation by Japanese Competitors
Xerox invented modern copier technology and was so successful that its brand name became a verb. In 1972, U.S. antitrust authorities charged Xerox with monopolization and eventually ordered the licensing of all its copier-related patents. As new research by Robin Mamrak shows, this antitrust intervention promoted subsequent innovation in the copier industry, but only among Japanese competitors. Nevertheless, their innovations benefited U.S. consumers.
Antitrust and Competition
Revising the Merger Guidelines To Return Antitrust to a Sound Economic and Legal Foundation
The draft Merger Guidelines largely replace the consumer welfare standard of the Chicago School with the lessening of competition principle found in the 1914 Clayton Act. This shift would enable the Federal Trade Commission and Department of Justice Antitrust Division to utilize the full extent of modern economics to respond to rising concentration and its harmful effects, writes John Kwoka.
Economic History
How Anthony Downs’s Analysis Explains Rational Voters’ Preferences for Populism
In new research, Cyril Hédoin and Alexandre Chirat use the rational-choice theory of economist Anthony Downs to explain how populism rationally arises to challenge established institutions of liberal democracy.
Antitrust and Competition
The Impact of Large Institutional Investors on Innovation Is Not as Positive as One Might Expect
In a new paper, Bing Guo, Dennis C. Hutschenreiter, David Pérez-Castrillo, and Anna Toldrà-Simats study how large institutional investors impact firm innovation. The authors find that large institutional investors encourage internal research and development but discourage firm acquisitions that would add patents and knowledge to their firms’ portfolios, hampering overall innovation.