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  • 2 weeks ago | promarket.org | Robert Field

    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. This article is part of a series that explores how private equity reduces competition in the United States healthcare sector and the ways in which enforcers can respond. You can read the rest of the series as it is published here.

  • 3 weeks ago | promarket.org | Diana Moss

    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. Antitrust has not escaped the chaos rendered by the 2024 presidential election. The Neo-Brandeisian “anti-monopolists” that led the Biden antitrust agencies are out and the “MAGA antitrusters” are in.

  • 2 months ago | promarket.org | Alan D. Jagolinzer |Jacob Shapiro

    Alan D. Jagolinzer and Jacob N. Shapiro write that the new Trump administration’s efforts to improve government efficiency through the cancellation of contracts and other promises will inevitably raise costs as businesses and investors demand a risk premium to account for lost trust.

  • Mar 4, 2025 | promarket.org | Alissa Cooper |Zander Arnao

    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 […]

  • Jan 16, 2025 | promarket.org | John Kay

    The following is an excerpt from John Kay’s new book,“The Corporation in the 21st Century,” now out at Yale University Press. It is neither necessary nor sufficient to determine whether shareholders are owners of the corporation to decide whether the company does, as [Milton] Friedman asserts, have a responsibility to maximise its profits. The legal duties of directors and executives follow the law of the country where they operate.