The Missing Element in the Google Case
Through laudable competition on the merits, Google achieved a usage share of nearly 90% in “general search services.” About a decade later, the government alleged . . .
Examining the Growing Movement to Grant Antitrust Exemptions for Coordinated Behavior
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Reforming Optional Practical Training (OPT) to Enhance Technological Progress and Innovation
We propose bolstering the OPT program rather than undermining the United States’ edge in the global race for talent. The US Department of Homeland . . .
Striking the Right Balance: Following the DOJ’s Lead for Innovation in Standardized Technology
Today’s technology standards are the result of an extraordinary amount of innovation, collaboration and competition. These concepts are interrelated and each is enhanced or . . .
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Examining the Growing Movement to Grant Antitrust Exemptions for Coordinated Behavior
This article examines the growing movement among legislators and competition authorities to create antitrust exemptions for coordinated conduct among competitors when such coordination is . . .
Henry Manne, Pareto in the Pines, and the Origins of the Law and Economics Movement
Law and economics—or the application of economic reasoning and methods to the study of law—was a niche topic of study at Chicago and Yale . . .
Algorithmic Pricing When Capacity Turns Over: Competition, Collusion, and Information Sharing
In markets such as rental housing, self-storage, equipment leasing, and cloud computing, capacity turns over rather than depletes as customers arrive randomly, occupy units . . .
The Crisis-Driven Politics of the Iron Law of Financial Regulation
Can significant differences in the regulatory impact between important crisis-and noncrisis-driven financial legislation be explained, at least in part, by differences in the characteristics . . .
Antitrust Theory Meets the Real World: Empirical Shortfalls of the New Conventional Wisdom on Competition Policy
For at least half a century, antitrust enforcement and jurisprudence have extensively adopted economic methods and substantially replaced structuralist approaches with a focus on . . .
Fake News: Why the FTC’s Campaign Against “Big Tech Censorship” is Wrong on the Facts and the Law
The U.S. Federal Trade Commission’s (FTC’s) recent campaign against “Big Tech censorship” of conservative viewpoints is unjustified as a matter of policy and likely . . .
Stakeholder Populism, Campaign GM, and the Economic Education of the Public
Populism does not sit well with corporate social responsibility because it tends to collapse all stakeholders into one group, “the people.” We consider an . . .
Optimizing Antitrust Policy Toward Joint Negotiating Entities: The Case for Traditional Quick-Look Assessment
Suppose several small rivals agree on the prices they will pay or charge a dominant counterparty that is itself exercising market power. How should . . .
Toward a Simple Economic Framework for Analysis of Business Ecosystems
This chapter develops a progression of frameworks to analyze economic organization for both single- and multi-product production, culminating in a framework for studying business . . .