Threatened by regulated worth caps from congress, the pharmaceutical trade spent almost $390 million on lobbying in 2021 in keeping with new information from OpenSecrets. Healthcare firms outspent each different trade on lobbying federal and state representatives final yr, in keeping with newly launched information from OpenSecrets. Well being firms spent almost $690 million on … [Read more…]
Traits and Conduct of the Rising Class of Small Marketing campaign Donors
New analysis on US political donations below $200 reveals traits of those donors in addition to their motivations. A Q&A with the authors of the brand new examine reveal how the rise in small donors lately might have necessary implications for upcoming US elections. Q: Why did you select to review small donors? A: Whereas … [Read more…]
Company Sovereigns and the Emergence of State Sovereignty: A Nearer Take a look at the East India Firm
A brand new knowledge assortment has made it attainable to disclose the self-sovereignty of the English East India Buying and selling Firm that produced a company-state and challenged the English state, facilitating a focus of sovereign energy in response. This text is a part of ProMarket’s historical past sequence. You possibly can learn the entire … [Read more…]
A Posner-Stigler Smoking Gun?
A memo from George Stigler and Richard Posner to the Reagan administration was not too long ago unearthed. To know the which means behind the memo, in addition to its affect, it is very important study the context of antitrust attitudes on the time it was written. This text is a part of ProMarket’s historical … [Read more…]
How the US Partisan Divide Shapes International Capital Flows
A brand new empirical paper explores how partisan notion impacts capital allocation past nationwide borders, displaying that the worldwide funding practices of US institutional buyers replicate the widening home partisan divide. A big physique of labor in political science and economics has documented a rising partisan divide within the US. Specifically, voters have an elevated … [Read more…]
Huge Tech, the FTC, and Ordoliberals: ProMarket’s High Tales of 2021
As 2021 attracts to a detailed, we glance again at ProMarket’s most-read and most-widely shared tales of the previous yr. In a yr marked by a profound shift in the way in which that antitrust regulation is enforced and thought of in Washington, with an rising Congressional consensus concerning the dangers related to the dominance of … [Read more…]
How Stricter Merger Pointers Profit Employees
Stricter merger coverage tips will enhance competitors, resulting in increased wages and welfare for staff, writes Kyle Herkenhoff and Simon Mongey. The authors use financial modeling to indicate that the stricter 2023 Pointers will enhance employee welfare, and that even tighter thresholds may be utilized to labor markets to amplify employee welfare good points from … [Read more…]
Asserting the Individuals within the Fall 2021 Stigler Middle Journalists in Residence Program
This month, the Stigler Middle will welcome eight world-class journalists from the UK, Brazil, China, Romania, Ukraine, Slovenia, and america for an intensive 12-week program {of professional} growth at Chicago Sales space. Launched in March 2017, the Stigler Middle’s Journalists in Residence (JIR) Program supplies a transformative studying expertise for print and broadcast journalists from … [Read more…]
Antitrust Scholarship Should Begin Taking Predictability Severely
Tutorial writings on the optimum design of antitrust guidelines fail to pay ample consideration to enforcement predictability as a related issue. In new analysis, Jan Broulík analyzes the varied methods during which predictability is disregarded and their attainable underlying causes. Society advantages from antitrust most when it discourages all anticompetitive (dangerous) conduct by firms with … [Read more…]
Epic v. Google Affords Courts Likelihood To Right Course on “Proper To Restore”
Following the Federal Commerce Fee’s 2021 publication of “Nixing the Repair: An FTC Report back to Congress on Restore Restrictions,” non-public “proper to restore” circumstances have multiplied in opposition to firms that leverage their market energy in a “main gear market” (e.g., tractors) to power their clients additionally to buy their choices in “aftermarkets” (e.g., … [Read more…]