Antitrust should center on dynamic market forces that drive major technological change, rather than on static “big is bad” market analysis, based on the work of the 2025 economics Nobel Prize winners. Antitrust enforcers in the United States and around the world could benefit by incorporating these insights into their policy development. Focus on Dynamic ... Nobel Prize Winners’ Work Supports Dynamic Antitrust Enforcement The post Nobel Prize Winners’ Work Supports Dynamic Antitrust E...| Truth on the Market
Brazil’s long-anticipated Bill 4,675/2025, which President Luiz Inácio Lula da Silva’s government submitted last month to Congress, proposes to enact ex-ante regulation for digital markets (I offered an initial assessment here). While presented as a natural evolution of competition law, the proposal would instead alter some foundational aspects of the Brazilian antitrust framework. The measure ... Will Brazil Subtly Sweep Consumer Welfare Under the Rug?| Truth on the Market
Recent private and government antitrust suits have been directed at stamping out a variety of allegedly anticompetitive real-estate industry practices. A 2024 settlement between private plaintiffs and the National Association of Realtors sought to reduce brokerage commissions by promoting transparency and competition among realtors. Sound antitrust enforcement, though no panacea, may over time prove to ... Antitrust Takes on High Realtor Commissions The post Antitrust Takes on High Realtor Co...| Truth on the Market
The 2025 Economics Nobel went to Joel Mokyr, Philippe Aghion, and Peter Howitt for exploring innovation-driven economic growth. I already wrote a general explainer about the prize. Here I want to make a different claim: If you work in antitrust, you should pay particular attention to their scholarship. Their work, especially that of Aghion and ... What Competition Scholars Should Know About the 2025 Economics Nobel The post What Competition Scholars Should Know About the 2025 Economics Nobe...| Truth on the Market
In a surprising move, the U.S. Justice Department’s (DOJ) Antitrust Division has thrown its weight behind a lawsuit that could reshape how courts—and antitrust enforcers—think about competition in digital media. The agency’s statement of interest filed last month in Children’s Health Defense v. Washington Post doesn’t merely take up the legal merits of a questionable ... Truth Cartels? The DOJ’s Misguided Leap into Viewpoint Regulation The post Truth Cartels? The DOJ’s Misguid...| Truth on the Market
