Competition
How an Antitrust Lawsuit from Michael Jordan Reshaped NASCAR
A lawsuit charging NASCAR with anticompetitive practices led to a settlement that changed the structure of stock car racing. Antitrust economist Ted Snyder testified in the case.
AI Monopolists Could Be a Disaster for Workers
If artificial intelligence reshapes production across the entire economy, it could drive the cost of goods toward zero. But Yale SOM economist Fiona Scott Morton argues that if AI is captured by a small number of powerful firms, falling wages could coincide with persistently high prices, leaving workers far worse off.
The Top Ten AI Competitors
The mammoth investments pouring into artificial intelligence companies are remaking the high-tech industry. Former SOM Dean Ted Snyder and investor Logan Bender ’19 assess which leading companies are likely to keep their advantage and which could be crushed by the rolling wave of innovation.
When Private Practices Merge with Hospital Systems, Costs Go Up
Private practices are vanishing as more doctors join large hospital systems. This increasing consolidation is reducing competition and raising prices, according to a study co-authored by Yale SOM’s Fiona Scott Morton.
Would Stricter Antitrust Rules Have Stopped the Rise of Amazon?
In a new study, Prof. Edward A. Snyder and his co-authors consider whether current antitrust guidelines would have checked Amazon’s voracious appetite for acquisitions if they had been in place earlier.
What Will It Take to Create Competitive Digital Markets?
Tech giants have been skirmishing almost daily with regulators and courts about their outsized power over our digital lives. Yale SOM economist Fiona Scott Morton recently published a collection of essays offering approaches to creating real competition in digital markets and making them work better for consumers.
How Could the Lawsuit against Apple Shift the Smartphone Landscape?
We asked Prof. Fiona Scott Morton, the former chief economist for the DOJ’s Antitrust Division, how a successful suit would change the devices and services available to consumers.
The FTC’s Antitrust Overreach Is Hurting U.S. Competitiveness and Destroying Value
Yale SOM’s Jeffrey Sonnenfeld and Steven Tian write that FTC chair Lina Khan’s attempts to block mergers are draining economic value—and consistently failing in court.
A Wave of Acquisitions May Have Shielded Big Tech from Competition
According to a new study co-authored by Florian Ederer, the fraction of startups that are acquired has skyrocketed, eliminating many potential competitors of big tech firms.
The Balloons Signal a New Age of Mass Surveillance
Prof. Paul Bracken, an expert in global competition and strategy, says these encounters reveal an urgent need for citizens and governments to catch up on how much we’re already being spied on.
The End of Noncompete Agreements May Be Near
Earlier this month, the Federal Trade Commission unveiled a proposal that would block companies from limiting their employees’ ability to work for a rival through noncompete agreements. We asked Yale SOM’s Fiona Scott Morton about the ban’s potential impact on wages, innovation, and the economy as a whole.
