South Korea’s proposed Online Platform Regulation Act has taken multiple turns amid political upheaval, pressure from the United States, and a fiercely competitive domestic tech market. Hwang Lee explores how global geopolitics, strong domestic platforms, and the "Brussels Effect" are reshaping the country’s approach to digital regulation.| ProMarket
The following is an adapted excerpt from “Monopoly Politics: Competition and Learning in the Evolution of Policy Regimes” by Erik Peinert, now out at Oxford University Press. Read it at ProMarket >>| ProMarket
Gary Kalman writes that actions under the second Trump administration to dismantle recent anti-corruption initiatives, including those pioneered during the first Trump administration, will cost dearly the American and global economy and enable many of the nefarious actors President Trump has publicly admonished.| ProMarket
Corporations can sidestep prosecution by cooperating with the government and offering up employees to avoid their own criminal liability. Ellen S. Podgor discusses two prominent reasons why the current approach to corporate criminality is inefficient. Read it at ProMarket >>| ProMarket
In new research, Bruno Pellegrino and Damien Capelle find that while global capital markets have grown dramatically over the past five decades and reached new jurisdictions, the uneven pace of financial liberalization has failed to reallocate capital to lower-income countries, reduced world GDP by 5.9%, and increased inequality between rich and poor countries. Read it at ProMarket >>| ProMarket
ProMarket interviews Magali Eben and Giorgio Monti about changes to the disclosure policy of the The Academic Society for Competition Law (ASCOLA) and the broader conversation on conflicts of interest in antitrust and competition scholarship. Read it at ProMarket >>| ProMarket
Commentary | ProMarket
Alissa Cooper and Zander Arnao argue that a lack of competition in social media has allowed dominant platforms to design algorithms to maximize for user engagement without concern for user experience, which may produce feelings of negativity and partisanship among users. The authors further contend that there exist alternative algorithmic designs that optimize for both […]| ProMarket
Over the past four years, antitrust scrutiny has increasingly focused on large technology firms. Ginger Zhe Jin and Liad Wagman discuss the complexities of antitrust enforcement and policy in the digital age, highlighting the challenges of promoting innovation while fostering competition, and areas where consumer protection and antitrust are colliding or are set to collide. To that end, the authors identify several key questions that the next administration of the United States should address...| ProMarket
What Prevents Local Governments From Managing Their Finances More Effectively?| ProMarket
Giovanna Massarotto writes that antitrust actions against major technology companies like AT&T, IBM, and Microsoft over the past century, though imperfect, have positively impacted innovation and competition in the computer industry by restricting anticompetitive behavior while allowing breakthrough technologies to flourish through carefully crafted remedies. This stands in contrast with Europe, which has seen less homegrown innovation from its technology companies.| ProMarket
The Political Economy of Populism in Mexico| ProMarket
The following is an excerpt from "Private Finance, Public Power: A History of Bank Supervision in America" by Peter Conti-Brown and Sean H. Vanatta, now out at Princeton University Press.| ProMarket
Anat R. Admati reviews Unjust Debts: How Our Bankruptcy System Makes America More Unequal (2024) by Melissa B. Jacoby.| ProMarket
In new research, Axel Gottfries and Gregor Jarosch develop a model to understand how wage-fixing cartels operate and show how to gauge the harm they cause to workers.| ProMarket
In new research, Claire Liu and Jared Stanfield examine how relationships between corporate leaders and the United States president enable firms to capture regulation and avoid antitrust scrutiny. Read it at ProMarket >>| ProMarket
Herbert Hovenkamp reviews Epic Games’ lawsuits against Apple and Google for restraining users’ ability to access Epic’s offerings through third-party app stores. A comparison of the two ecosystems sheds light on what remedies would improve benefits to consumers and how the Department of Justice’s own lawsuit against Apple may fare. Read it at ProMarket >>| ProMarket
Diana Moss reviews four recent examples of the Trump administration weaponizing antitrust and regulation to stifle opposing ideological and political viewpoints. Read it at ProMarket >>| ProMarket
Stigler Center Assistant Director Matt Lucky reviews Khan Academy CEO Sal Khan’s recent book, Brave New Words: How AI Will Revolutionize Education (and Why That’s a Good Thing). The book presents an optimistic vision for the educational and pedagogical role of AI-assisted chatbots as personal tutors and teaching assistants. Khan discusses his book with Bethany McLean and Luigi Zingales on this week’s Capitalisn’t episode, which you can listen to here. Read it at ProMarket >>| ProMarket
As private corporations gain unprecedented control over public data, Americans are losing access to the information that underpins democracy and critical aspects of their lives. D. Victoria Baranetsky argues that this rise of secrecy—driven by the rising value of data and government privatization—demands not just transparency, but a bold commitment to anti-secrecy as essential to democratic governance. Read it at ProMarket >>| ProMarket
The abundance movement, which seeks to lift the burden of inefficient regulation off the private sector to unleash equitable growth, has become the policy platform for many liberals. Dylan Gyauch-Lewis argues that the movement fails to account for the costs of externalities that many of the regulations it derides seek to address.| ProMarket
The publication of the Stigler Center at | ProMarket
Judge Amit Mehta will shortly provide his remedy to Google’s monopoly in internet search. Fiona Scott Morton and Paul Heidhues argue that the remedy must include a cap on Google’s payments to the mobile phone manufacturers, carriers, and web browsers that propelled its monopoly. Because any outright ban risks harming Google’s current partners in the short term, Judge Mehta should consider pursuing a flexible ban that instead limits the revenue these partners can receive from Google in o...| ProMarket
The second Affiliate Fellows cohort at the Stigler Center at Chicago Booth is a multidisciplinary group of economists, business scholars, lawyers, and political scientists.| ProMarket
Antitrust and Competition | ProMarket
Mark MacCarthy writes that the case law supports Federal Trade Commission Chair Andrew Ferguson’s charge that collaboration by social media companies on content moderation practices would be anticompetitive collusion. However, the author argues that open and transparent cooperation might actually benefit a troubled internet, and Congress should consider carving out a content-neutral antitrust exemption for platforms in the way it has in the past for broadcast networks.| ProMarket
Commentary | ProMarket
Andrey Mir writes that antitrust scholarship and enforcement seeking to break up platform monopolies overlook the benefits that these platforms provide because they are monopolies. He says the community must keep this in mind as it seeks to alleviate harms that any monopoly incurs to the economy.| ProMarket
Federal Trade Commission Chair Andrew Ferguson delivered a keynote address at the Stigler Center's 2025 Antitrust and Competition Conference, which focused on how economic concentration impacts the marketplace of ideas.| ProMarket
Johannes Fritz and Tommaso Giardini examine the state of AI rulemaking around the world and find that, despite global alignment on principles, execution at the national level diverges on three important metrics. The risk is fragmentation in AI as firms choose to exclude entire markets rather than navigate the intricacies of compliance in different regions.| ProMarket
Antitrust and Competition | ProMarket
Commentary | ProMarket
Most users on social media have encountered toxic content: rude, disrespectful, or hostile posts or comments. A study using a browser extension estimates the effect of toxic content on user engagement and welfare.| ProMarket
Judge Jed S. Rakoff of the United States District Court for the Southern District of New York reflects on the history of cryptocurrency and his experience adjudicating criminal cases involving it.| ProMarket
Stigler Center Assistant Director Matt Lucky reviews Kenneth Rogoff’s new book, Our Dollar, Your Problem: An Insider’s View of Seven Turbulent Decades of Global Finance, and the Road Ahead, which reflects on the rise and ongoing fall of the American dollar’s global dominance. Rogoff discusses his book with Bethany McLean and Luigi Zingales on this week’s Capitalisn’t episode, which you can listen to here.| ProMarket
Recent European digital regulation surrenders traditional key guideposts of European competition law and policy. The over-centralization of European Union antitrust authority and EU legislation risks undermining member state laws and competences. This may privilege platforms and eventually harm competition and consumers, writes Jörg Hoffmann.| ProMarket
Tommaso Valletti is a Professor of Economics and currently heads the Department of Economics & Public Policy at Imperial College London. He was the Chief Competition Economist of the European Commission between 2016 and 2019, when he led the economic analysis on many large mergers (e.g. Bayer/Monsanto, Microsoft/LinkedIn, Siemens/Alstom), state aid, and antitrust cases (e.g. Google Android, Qualcomm exclusivity, Mastercard and VISA). He has published in the fields of industrial economics, reg...| ProMarket
Luigi Zingales is the Robert C. Mc Cormack Distinguished Service Professor of Entrepreneurship and Finance at the University of Chicago - Booth School of Business. He is a Research Associate of the National Bureau of Economic Research, a Research Fellow of the Center for Economic Policy Research, and a Fellow of the European Corporate Governance Institute. His research interests span from corporate governance to financial development, from political economy to the economic effects of culture....| ProMarket
Filippo Lancieri is an Associate Professor of Law at Georgetown University, a Research Fellow at the Stigler Center, and a Research Associate at the ETH Zurich Center for Law & Economics. Filippo’s research focuses on understanding how governments shape markets and, in turn, how markets shape governments. He mainly covers two connected areas. The first is antitrust and regulatory policy, emphasizing the political, economic, and legal determinants of enforcement actions and regulatory change...| ProMarket
John M. Barrios is an Assistant Professor of Accounting at the Washington University in St Louis, Olin School of Business. John M. Barrios’ general research interests focus on the intersection of labor economics and financial and managerial accounting. Specifically, his research has examined the areas of human capital, financial reporting, regulation, managerial incentives, and corporate governance. In addition to his research he has experience as an economic analyst for a political strateg...| ProMarket
Steven C. Salop argues that as part of any remedy outcome from the Google Search case, Google cannot be permitted to enter agreements with web browser operators such as Apple to share ad revenue from online searches, even without the condition of setting Google Search as the default choice. To do so would continue to […]| ProMarket
In new research, Filippo Lancieri, Laura Edelson, and Stefan Bechtold explore how the political economy of artificial intelligence regulation is shaped by the strategic behavior of governments, technology companies, and other agents.| ProMarket
Fiona Scott Morton introduces her new book on how regulators and policymakers can promote competition and fairness in digital markets.| ProMarket
Stigler Center News | ProMarket
Antitrust and Competition | ProMarket
In recent weeks, a spate of mergers has been announced in telecommunications markets. The activity endangers Americans’ access to affordable and reliable internet services. Rather than continue to depend on private companies to provide essential internet services, cities should look to the many communities that have provided significantly lower-cost and higher-quality public internet connectivity, writes Sean Gonsalves.| ProMarket
As India contemplates adopting its Digital Competition Bill, Amber Darr and Madhavi Singh examine lessons from the European Union’s and United Kingdom’s legislative forays into digital markets. They argue that India must rethink its reliance on formal long-form enforcement and invest in regulatory capacity if it hopes to deliver an ex ante regime for a fair and contestable digital economy.| ProMarket
Christina M. Sautter writes that the passage of Senate Bill 21, which rebalances power away from shareholders to corporate management, represents a 150-year-long development in corporate law spurred by regulatory capture that has removed countless restrictions on firm behavior.| ProMarket
In a new NBER working paper, John M. Barrios, Filippo Lancieri, Joshua Levy, Shashank Singh, Tommaso Valletti, and Luigi Zingales explore the impact of various conflicts of interest on readers’ trust in academic research findings, uncovering significant nuances and implications for academia and policy. Trust in academic research is crucial as academia shapes policies, informs […]| ProMarket
There are many differences between European and American antitrust regulation, but recent enforcement against Big Tech shows that in the most important ways they are converging on an anti-monopoly philosophy, writes Paul Friederiszick.| ProMarket
In the 1930s, staffers at the newly established Federal Communications Commission devised a novel rationale for limiting network power in radio, telephony, and the press. While much has changed since the “age of radio,” the concerns they raised inform the present-day debate over the control that social media platforms exert over public discourse, writes Richard R. John.| ProMarket
Audrye Wong writes that China is able to use its market power to pressure foreign companies and business leaders—perhaps most notably Tesla CEO Elon Musk—to lobby on its behalf. The practice raises questions about foreign influence in American and European policymaking and the disproportionate clout of business and oligarchic interests.| ProMarket
Allen Grunes comments on the core continuity in antitrust enforcement between the Biden and second Trump administrations. He argues that the continuity reflects, in Zephyr Teachout’s words, the “homecoming” of antitrust to the “domain of law.” The following is a revised version of remarks Grunes delivered at the Loyola Antitrust Colloquium in April.| ProMarket
Karina Montoya reflects on the end of the remedies phase of the Department of Justice’s case against Google for monopolizing the online search market. She argues that Google’s warnings against divestiture of its browser, Chrome, fall short and that a breakup will benefit the security of the internet, innovation, and users.| ProMarket
David Chan Smith argues that tariff regimes during the eighteenth century encouraged modern history’s first offshore markets to reroute goods through jurisdictions that faced lower tariff rates. This historical “entrepôt trade” could outstrip the legal trade of some goods and carries lessons for contemporary revisions to international trade.| ProMarket
Antitrust and Competition | ProMarket
Steven Salop is a Professor of Economics and Law at the Georgetown University Law Center in Washington, DC, where he teaches antitrust law and economics. His research and consulting focuses on antitrust, competition, and regulation. He has written numerous articles in various areas of antitrust and competition which take a modern “Post-Chicago” approach. These include a number of articles with various co-authors on the competitive effects of vertical mergers. Professor Salop has also writ...| ProMarket
Eleanor M. Fox is the Walter J. Derenberg Professor of Trade Regulation Emerita at New York University School of Law. She is an expert in antitrust and competition policy, and teaches, writes, and advises on competition policy in nations around the world and in international organizations. She has a special interest in developing countries, poverty, and inequality, and explores how opening markets and attacking privilege, corruption, and cronyism can alleviate marginalization and open paths t...| ProMarket
Andy Gavil has been a member of the faculty at the Howard University School of Law since 1989 and currently teaches courses on antitrust law, civil procedure, complex litigation, federal courts, and Supreme Court Jurisprudence (seminar). He has written, lectured, and commented extensively on antitrust law and procedure and is a co-author with Professors William E. Kovacic and Jonathan B. Baker of "Antitrust Law in Perspective: Cases Concepts and Problems in Competition Policy" (5th ed. 2024),...| ProMarket
Andrew Gavil examines the Biden Administration's antitrust policy, placing it in the broader historical context of evolving competition law. He questions the fit of Kuhn’s concept of paradigm shift for antitrust policy and argues instead that Biden's initiatives reflect the unique demands of the digital economy and the true nature of antitrust, which is ever evolving.| ProMarket
Antitrust and Competition | ProMarket
Theodosia Stavroulaki reviews how the involvement of private equity in American healthcare leads to, among other negative outcomes, burnout and stress among healthcare workers, particularly physicians. She writes that the consequences could cripple America’s healthcare system.| ProMarket
The following is an excerpt from Natasha Piano’s new book, Democratic Elitism: The Founding Myth of American Political Science, now out at Harvard University Press. The Stigler Center and Chicago Center on Democracy are hosting a conversation with Piano on her new book today, May 21, at 12-1 pm CT. The Stigler Center’s faculty director, […]| ProMarket
Recent government wins against Big Tech demonstrate the prudence of proactively stopping consolidation in the emerging AI startup ecosystem to prevent harm to innovation and consumers. OpenAI’s recent acquisition of Windsurf raises these competition concerns. The antitrust agencies should block it.| ProMarket
Robert I. Field argues that private equity’s impact on price competition among nursing homes is limited because prices are mostly determined by Medicaid. However, private equity does impact quality and labor outcomes, which deserve greater government scrutiny.| ProMarket
Brent Fulton discusses private equity’s investments in hospitals and assesses the risks it presents to key stakeholders: private equity investors, debt investors, patients, and the government. He argues financial transparency regulation is needed so fraudulent transfer and bankruptcy laws can be enforced to reduce uncompensated risk being borne by patients and the government (ultimately taxpayers).| ProMarket
The artificial intelligence market is rapidly developing but antitrust regulators are failing to update their policies, write Tennessee Attorney General and Reporter Jonathan Skrmetti and Kevin Frazier. Regulators’ passiveness risks repeating what happened to social media markets, where a few tech giants were able to acquire nascent competitors and dominate the market. The authors propose three policies to help maintain a competitive AI market.| ProMarket
Eleanor Fox argues that the leading law firms should have immediately and collectively resisted President Donald Trump’s attacks. Strong, timely collective resistance may have helped staunch democratic backsliding and prevented normalization of repeated, speech-chilling demands. Doing so, however, the firms would have faced the risk of violating the antitrust laws. This article assesses antitrust’s treatment of political action and argues that the space for protected political action need...| ProMarket
Big Tech’s monopoly over online discourse threatens democracy. “Middleware” promises a path forward by adding competitive, customizable layers of recommendation algorithms. But can middleware decentralize social media without falling prey to old monopolistic patterns? In new research, Madhavi Singh argues that without targeted regulatory guardrails—including mandatory API access, structural separation, and stakeholder empowerment—even middleware could […]| ProMarket
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
Media pluralism is a core democratic value in Europe. Upholding it requires that media concentration is scrutinized beyond its impact on competition in the traditional economic formulation. By addressing the challenges posed by dominant media players and fostering a diverse information ecosystem, Europe aims to uphold media plurality as a democratic value and ensure that citizens can engage in informed decision-making. From this angle, the European approach to protecting media pluralism might...| ProMarket
Ula Furgal and Magali Eben review the United Kingdom’s efforts to address the lopsided balance of power between traditional news media and digital platforms, embodied in the Cairncross recommendations and subsequent Digital Markets, Competition and Consumers Act. Although U.K. news media have met the Act with optimism, there remain reasons why the new payment and […]| ProMarket
Anthony T. LoSasso, Ge Bai, and Lawton Robert Burns argue that critics of private equity’s involvement in healthcare ignore that it is often the only financial lifeline available to distressed healthcare providers and can introduce an improvement in outcomes, including quality of care.| ProMarket
Melissa Newham reviews how investors can alter the incentives and behavior of pharmaceutical companies to reduce competition and consumer welfare through common ownership and “rollup” deals.| ProMarket
Populist leaders like United States President Donald Trump are zealously challenging the authority of independent technocrats and judges. This backlash follows decades of steadily increasing delegation of policymaking authority to unelected experts, bureaucratic agencies, and the judiciary. In new research, Gabriele Gratton and Jacob Edenhofer argue that such backlash is a predictable development in political environments where majorities are unstable and new political coalitions frequently f...| ProMarket
Over the last year, the United States government has demonstrated increased concern about private equity’s involvement in health care. Barak Richman and Richard Scheffler discuss why the government’s actions have not yet matched the energy of its words and how academics and policymakers must continue to investigate private equity’s influences as they devise policy to […]| ProMarket
In the wake of Democrats’ losses in 2024, progressives should focus on how antitrust can support a lower cost of living and increase consumer access to essential goods and services, writes Diana Moss.| ProMarket
Lucian Bebchuk and Robert Jackson discuss how Tesla is failing to bolster director independence despite a highly critical court opinion.| ProMarket
Lucian Bebchuk and Robert Jackson argue that Tesla’s proposal to ratify Elon Musk’s $50 billion pay package would fail to secure Musk’s devotion of time and effort to Tesla rather than other endeavors, just as its past pay arrangement did.| ProMarket
The concentration of news media has spurred concerns about their ability to protect the marketplace of ideas integral to the functioning of democracy. Based on new research, Marcel Garz and Mart Ots discuss why media consolidation may not lead to lower journalistic quality but still affects society through a decline in local news and original content.| ProMarket
The following is a transcript of Randy Picker's conversation with Tim Wu on how antitrust shaped competition and innovation in computers and chips, held at the 2024 Stigler Center Antitrust and Competition Conference.| ProMarket
The following is a transcript of Eric Posner and Carl Shapiro's debate on the proper role of economics in merger review at the 2024 Stigler Center Antitrust and Competition Conference.| ProMarket
The following is a transcript of Guy Rolnik's conversation with Assistant Attorney General Jonathan Kanter and Chair Lina Khan at the 2024 Stigler Center Antitrust and Competition Conference.| 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
Randy Stutz writes that the Biden administration has recalibrated antirust policy by devoting more equal enforcement attention to competition in buyers’ markets and sellers’ markets, thereby promoting the welfare of both suppliers and consumers. The shift raises questions about whether courts should engage in “multi-market balancing”—the weighing of harms in one market against benefits in a different market—when the interests of suppliers and consumers diverge.| ProMarket
In new research, Ryan Stones revisits the alleged disagreement between two influential schools of antitrust on how to handle big businesses. Instead of finding contrasting policy recommendations, he highlights a strikingly similar relaxation of attitudes toward enforcement in the Chicago School and Ordoliberalism in the post-war period.| ProMarket
More Heraclitus than Kuhn| ProMarket
Steven C. Salop writes that the Biden administration oversaw a paradigm shift in antitrust, but it was the full adoption of the ideas of the Post-Chicago school, whose intellectual influence has countered Chicago since the 1980s, rather than the empowerment of the Anti-Monopoly or Neo-Brandeisian school of thought. This latter school of thought played an important role by motivating increased enforcement and corralling political support, even if it did not lead to cases that could not have be...| ProMarket
Daniel Francis reviews the evolutionary and revolutionary dimensions of the Biden administration’s antitrust work, and argues that these two projects have been in deep tension. He concludes that the administration’s evolutionary work within the welfarist paradigm has generated some important successes, but that the revolutionary effort to restore a pre-welfarist vision of antitrust has failed on its own terms — and, in failing, has left welfarism all the stronger.| ProMarket
Nobel Prize-winning economist Eugene Fama argues that Bitcoin is fundamentally flawed and predicts it has a near-certain chance of becoming worthless within a decade. In a conversation with Luigi Zingales and Bethany McLean, Fama explains why Bitcoin’s extreme volatility, lack of intrinsic value, and violation of basic monetary principles make its long-term survival unlikely. Eugene […]| ProMarket
Lucian Bebchuk and Robert Jackson argue that the Tesla board’s prediction that restoring Musk’s old pay package would require no new compensation charge to Tesla’s financial statement seems not to have been based on any independent accounting advice. This could carry substantial risks for Tesla stockholders.| ProMarket
Lucian Bebchuk argues that, in response to the Delaware court decision invalidating the 2018 pay grant to Elon Musk, the Tesla board did not react with contrition and an attempt to improve its governance, but rather followed an approach of dismissal and defiance.| ProMarket
Lucian Bebchuk and Robert Jackson discuss how Elon Musk’s threat to develop AI projects outside Tesla may distort investors’ votes on restoring his large options grant.| ProMarket
