Public policies structure markets in ways that can make them open and competitive at one extreme or closed and cornered at the other. The most familiar example are anti-trust laws. But competition policy also includes patent laws, occupational licensing requirements, prohibitions on price discrimination, “net neutrality” regulations, and other policies that set the terms of competition within any market.
Open Markets Reporter Daniel Hanley conducts a close review of the court ruling that approved the $26 billion mega-merger reveals a number of mistakes in Judge Victor Marrero’s reasoning, which means there are several excellent legal arguments on which states could appeal the ruling.
K. Sabeel Rahman, the president of Demos, joined Open Markets researcher Udit Thakur to talk about the pitfalls of managerialism in policy-making, and what a truly democratic think-tank ecosystem might look like.
On November 27, 2019, the Open Markets Institute filed an amicus brief in the Ninth Circuit Court of Appeals in support of the Federal Trade Commission’s anti-monopoly suit against Qualcomm, the biggest government anti-monopoly case since Microsoft.
Open Markets Legal Director Sandeep Vaheesan and Nathan Schneider at the University of Colorado published a paper on the Pennsylvania State University Law Review on cooperative enterprise and its place in the antimonopoly tradition. They lay out the advantages of cooperative firms relative to investor-owned corporations and offer ideas on reforming antitrust to protect and promote cooperation.
Prof. Sanjukta Paul and Sandeep Vaheesan published a piece on The Nation asserting that the response to the next recession should put economic power back in the hands of the people. “Rebuilding antitrust law is an essential element of the progressive economic policy agenda,” they write. “Antitrust should be part of a suite of reforms in the Green New Deal—something that we sorely need, no matter when or how hard the next recession hits.”