In a forthcoming article, Seth Benzell and Felix Chang discover how antitrust regulators can use insights from a brand new quantitative mannequin of Fb that Benzell developed with Avinash Collis to estimate social welfare beneath varied regulatory and antitrust eventualities. Benzell and Chang discover that interventions corresponding to taxes, mandated interoperability, and person rebates could … [Read more…]
Financial institution regulators have at all times assumed that financial institution deposits are ‘sticky,’ however the introduction of digital banking is altering that. New analysis focuses not on the hazard of financial institution runs, however moderately on the brand new risks of ‘financial institution walks.’ From April 2022, when the Fed began rising rates of … [Read more…]
The European Union’s Digital Markets Act (DMA), designed to manage Huge Tech, dietary supplements present antitrust legal guidelines that pursue case-by-case analyses of enterprise conduct with common guidelines to dam probably anticompetitive behaviors. Detractors criticize the DMA for its lack of nuance. Supporters applaud its common rules as a obligatory bulwark towards Huge Tech’s market … [Read more…]