18+ hour, 42+ min ago  (242+ words) The United States healthcare system has experienced an expansion of private equity ownership. In new research, Theodosia Stavroulaki argues that private equity acquisitions risk harming healthcare by increasing prices, reducing quality of care, limiting access to care, and hurting the…...

6+ day, 15+ hour ago  (205+ words) What the money bought Where the value actually is The trouble is that designing the molecule was never the expensive part. The roughly $2. 6 billion it takes to bring a single drug to market is dominated not by discovery but by…...

1+ week, 15+ hour ago  (411+ words) Javaid Sofi is a researcher at Virginia Tech. His work spans AI governance, technology competition, and health systems. Think about what "swap one model for another" does to the price of a model. If a buyer can replace your product…...

1+ week, 1+ day ago  (307+ words) In new research, Vishavdeep Sharma and Krishnendu Ghosh Dastidar analyze corporate corruption through the lens of market competition. Firms often bribe officials to block rivals from entering their markets, and their incentive to do so depends less on how competitive…...

2+ week, 6+ day ago  (288+ words) The 1930s were a difficult time for classical liberals. In response to the Great Depression, the federal government undertook a massive expansion of its role in the economy. Henry Simons was passionate in his view that a new defense of liberal…...

3+ week, 12+ hour ago  (391+ words) Magnus Lodefalk is an associate professor of economics at "rebro University and the Ratio Institute, where he initiated and co-leads the AI-Econ Lab and co-leads the WASP-HS research cluster "AI, Structural Change, and the Future of Work." Lydia L'thman is…...

3+ week, 1+ day ago  (325+ words) Milton Friedman (1912-2006) was one of the most prominent and influential economists of the twentieth century. From 1946 to 1977, he was the leader, along with George Stigler, of the University of Chicago's Chicago School of Economics, which was known for free-market price…...

4+ week, 15+ hour ago  (218+ words) The 2026 Stigler Center Affiliate Fellows at the Stigler Center at Chicago Booth are a multidisciplinary group of economists, business scholars, lawyers, and political scientists. The Stigler Center at Chicago Booth, of which Pro Market is a part, is happy to…...

1+ mon, 4+ day ago  (491+ words) The European Commission draft Merger Guidelines reorient merger analysis to focus on "capabilities: how firms compete in current markets and pivot to future ones. However, the Guidelines combine "capabilities with what strategic management scholars call "resources. This erroneous amalgamation oversimplifies…...

1+ mon, 1+ week ago  (738+ words) The caution of Judge Amit Mehta's remedy in the Google Search case is unlikely to open internet search to competition. Steve Salop recommends several amendments to the remedy that can improve competition without undercutting the revenue that has benefited Google's…...