The following is the second part to the transcript of Federal Trade Commission Chairman Andrew Ferguson’s keynote at the 2025 Stigler Center Antitrust and Competition Conference. Part II includes Ferguson’s interview with University of Chicago law professor Eric Posner and the subsequent audience Q&A. You can read part I, Ferguson’s speech, here. Eric Posner Thank […]| ProMarket
The following is a transcript of Principal Deputy Assistant Attorney General Roger Alford and former Principle Deputy Assistant Attorney Doha Mekki in conversation with Bloomberg reporter Josh Sisco.| ProMarket
Herbert Hovenkamp writes that the court presiding over the Google Ad Tech case gave the government an important win. However, by relying on the per se tying rule instead of rule of reason, the court perpetuated a flawed court precedent that can preclude serious market analysis for competitive harms.| ProMarket
The Federal Trade Commission’s case against Meta for monopolizing personal social media through its acquisitions of Instagram and WhatsApp serves as a warning of allowing Big Tech companies to acquire nascent competitors in the artificial intelligence market through quasi-mergers that dodge government scrutiny. Based on new research, Alexandros Kazimirov argues that antitrust agencies can look at a combination of circumstantial evidence, including market product proximity, price premiums an...| ProMarket
In new research, Xuelin Li, Sijie Wang, Jiajie Xu, and Xiang Zheng find that the involvement of specialized venture capital firms influences a biotech startup’s drug portfolio by focusing research and development on fewer products.| ProMarket
The following is a transcript of Tom Ginsburg's keynote address at the 2025 Stigler Center Antitrust and Competition Conference—Economic Concentration and the Marketplace of Ideas.| ProMarket
Rose Chan Loui explains the current controversy surrounding OpenAI’s decision to abandon its nonprofit status. To learn more about OpenAI’s proposed restructuring, what it means for the race to develop artificial general intelligence, and how it highlights the tricky legal concept of a nonprofit’s “purpose,” listen to Chan Loui’s recent appearance on Capitalisn’t.| ProMarket
A new ProMarket survey of scholars reveals that while most view federal funding cuts under the Trump administration as a major threat to academic freedom, nearly half also see ideological bias within universities as a serious issue. The survey also found that many disagree with Columbia’s approach of capitulation to the Trump administration’s demands, and would prefer to see universities defend themselves in court or through collective action.| ProMarket
The following is a transcript of Federal Trade Commission Chair Andrew Ferguson's Keynote Address at the 2025 Stigler Center Antitrust and Competition Conference. A transcript of Ferguson's accompanying interview with University of Chicago law professor Eric Posner, and the subsequent audience Q&A, will be published next week.| ProMarket
A key distinction in economic viewpoints that goes oft-unnoticed is between pro-business and pro-market. A good bellwether to where someone stands on the pro-business/market continuum is his/her stance on antitrust policy: pro-business usually favors incumbents, while pro-market calls for aggressive antitrust enforcement to facilitate competition. “I would not dispute that even a monopoly-ridden market would be preferable to any economic system trying to operate without any kind of a market...| ProMarket
An outlet for insiders to speak freely (as they remain anonymous to the reader) on what they perceive as problematic practices in their own industry – with an emphasis on how the industry tweaks the rules of the game and captures regulation. “People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. It is impossible indeed to prevent such meetings, by any law which ...| ProMarket
