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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 lobbying and access to proprietary data that ProMarket has explored at length. This week, The Guardian published a report based on a cache of confidential documents that revealed how Uber ingratiated itself with […] → Read More
In an interview with ProMarket, Jürgen Kühling, the chair of Germany’s Monopolies Commission, discusses the relationship between climate change and antitrust, what Germany’s reliance on Russian gas has to do with lax antitrust enforcement, and his skepticism toward the Digital Markets Act. In the wake of Russian’s invasion of Ukraine, Germany has had to finally […] → Read More
In an interview with ProMarket, Republican congressman Ken Buck explains why antitrust enforcement is so crucial to the US economy and American democracy, expands on the lobbying fight in Congress around the sweeping antitrust legislation he introduced with Democratic Rep. David Cicilline, and predicts that Congress will likely pass three major antitrust bills by the August […] → Read More
60 percent of the wealth of Russia’s richest 0.01 percent are held offshore. UC Berkeley economist Gabriel Zucman explains why blanket sanctions, of the kind that collapsed the ruble and Russian markets this week, “hurt ordinary Russians” but are less effective in targeting wealthy individuals who own assets in foreign currencies. As Russia continues to escalate its […] → Read More
A scholarly examination of market’s power toll on American workers, the collected works of a pioneering economic thinker, an ambitious narrative of US economic history, a first-hand account of how the American justice system is failing, and China’s antitrust exceptionalism: here are (in no particular order) some of the best books published during the past […] → Read More
The prevalence of tax evasion among the top 1 percent of the income distribution is much worse than previously thought. → Read More
Jan Eeckhout explains how market power brings down wages, even if dominant companies treat their own workers well. → Read More
Alec MacGillis on the rise of Amazon, the role of politics in Amazon’s business model, and the ongoing attempts to unionize Amazon workers. → Read More
If confirmed, Khan’s nomination potentially heralds a profound shift in the way that antitrust law is enforced and discussed in the US. → Read More
Dina Srinivasan explains why she believes that targeted advertising could go the way telemarketing in the US did after the introduction of Do Not Call list. → Read More
A Pentagon report warns that concentrated supply chains, offshoring, and a short-termism have “severely damaged” America’s ability to arm itself. → Read More
Here are some of the best books pubished in 2020, such as Monopolized by David Dayen, Big Dirty Money by Jennifer Taub, and Break 'Em Up by Zephyr Teachout. → Read More
In an interview with ProMarket, Nobel Prize-winning economist Angus Deaton outlined what he believes the incoming Biden administration should do: introduce price controls and a public option for health insurance, close tax havens, tackle labor market monopsonies, combat rent-seeking, and consider a value-added tax to fund large public programs. The economic wrecking ball of Covid-19 … → Read More
In an interview with ProMarket, Francis Fukuyama discusses the political threat posed by digital platforms and why he believes a “middleware” solution would be superior to antitrust remedies. The economic and political power of digital platforms has been the subject of numerous governmental and non-governmental reports in recent years, as dozens of expert panels around … → Read More
How will US antitrust policy look under President Joe Biden? We caught up with four antitrust experts—Jonathan Baker, Zephyr Teachout, William Kovacic, and Teddy Downey—to discuss what antitrust agenda the new administration should pursue. Among the monumental challenges facing the incoming Biden administration is how to address America’s massive—and growing—concentration problem. Faced with… → Read More
In an interview with ProMarket, Hong Kong media tycoon and pro-democracy activist Jimmy Lai discussed his legal troubles, the roots of his political activism, and the negative impact that he believes Hong Kong’s new national security law has already had on the life of Hong Kongers. Editor’s note: This article is part of our ongoing … → Read More
In a post published on his company’s website, Stanford professor Paul Milgrom responded to the recent ProMarket pieces by Glen Weyl and Stefano Feltri on the 2017 FCC Spectrum Incentive Auction. In a post published on his company’s website and in the blog Digitopoly, Stanford professor Paul Milgrom responded to the two recent ProMarket pieces … → Read More
In an interview with ProMarket, UC Irvine law professor Mehrsa Baradaran discussed the connection between the current protest wave and the deep-seated structural inequalities within America’s economy. The mass protests that have spread over hundreds of American cities in the wake of the murder of George Floyd by a Minneapolis police officer have shone a … → Read More
In an interview with ProMarket, Thomas Piketty speaks about his new book, the role of ideology as a driver of inequality, and what the Covid-19 crisis teaches us about our present-day “inequality regime.” “Inequality is neither economic nor technological; it is ideological and political.” Thomas Piketty’s latest book, Capital and Ideology, is a 1200-page tome chock-full … → Read More
In an interview with ProMarket, Thomas Piketty speaks about his new book, the role of ideology as a driver of inequality, and what the Covid-19 crisis teaches us about our present-day “inequality regime.” “Inequality is neither economic nor technological; it is ideological and political.” Thomas Piketty’s latest book, Capital and Ideology, is a 1200-page tome chock-full of facts, figures, policy… → Read More