Business & Industry

The tech giant is in the hot seat, but it’s going to be a “big fight,” warns antitrust expert Mark Glick.

On September 15, 2008, Lehman Brothers, a giant investment bank with a storied history, filed for bankruptcy. The shock was profound; world markets melted down.

New technologies are not the problem. It’s a system distorted by a flawed ideology.

ProMarket’s new “Addendum to Retraction,” written it appears in response to our recent INET post, doubles down on its critique of our piece which showed that it is feasible for increased output to lead to reduced welfare. The ProMarket addendum is notable for its economic errors.*

Economists had to distort economic theory to fashion their merger “efficiency” arguments

By permitting business definitions of “efficiency” to leak over into the antitrust lexicon, antitrust scholars have done a great disservice

Stock buybacks as a mode of predatory value extraction

ProMarket and the Consumer Welfare Standard An output increase is not sufficient to increase welfare. Allocation—how goods are distributed—matters.

Using computational linguistics to estimate firm-level cyber risk exposure based on quarterly earnings conference calls.

Does cyber risk exposure, as opposed to actual incidents, affect firm outcomes?

In his new book, “Plunder: Private Equity’s Plan To Pillage America,” Brendan Ballou, a federal prosecutor who served as Special Counsel for Private Equity in the Justice Department’s Antitrust Division, outlines the dangers of a trillion-dollar industry that hardly anyone understands. He explains how Americans can fight their harmful practices.

Cisco’s turn from innovation to financialization and what it means for the competitive position of the US information-and-communication-technology industry

The advent of military Keynesianism is a warning against complacency about the moral superiority of the West in defending Ukrainian democracy.

How Showering Money on Both Parties Paralyzed Regulators

Despite the accumulation of serious and unsolvable problems, the Consumer Welfare Standard survives and continues to be taught to students for reasons unrelated to theoretical consistency and empirical confirmation.