Competition
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.
Beyond Resolutions: Research-Based Suggestions for 2022
We asked faculty from the Yale School of Management for their advice—philosophical, professional, and personal—for our readers for the coming year.
GE’s Split Unravels a Massive Management Mistake
General Electric CEO Larry Culp announced this week that the company would split into three separate firms. Prof. Jeffrey Sonnenfeld writes that Culp was acknowledging the failure of an approach—the highly diversified industrial conglomerate—that dates back to Jack Welch’s tenure in the 1980s.
Exploring Alternative Futures
Professor Paul Bracken has spent a lifetime studying the complex systems like international business, technology, and the military. A pioneer of scenario planning, he looks at how organizations really work and how they both drive and are shaped by major trends in order to predict possible futures.
What Went Wrong in Afghanistan?
We asked Prof. Paul Bracken, an expert in business and military strategy, how the U.S. could have avoided a chaotic exit from Afghanistan, and what comes next for the region.
Does Big Tech Gobble Up Competitors?
An executive order from President Joe Biden last month and a congressional report in October accused large technology firms of engaging in “killer acquisitions,” citing research by Yale SOM’s Florian Ederer.
Can Congress Create Real Competition for Big Tech?
Last week, members of Congress from both parties introduced a series of bills to curtail the dominance of the major technology firms. We asked Prof. Fiona Scott Morton if the proposed legislation would help level the playing field.
Social Media Is Addictive. Do Regulators Need to Step In?
Yale SOM’s Fiona Scott Morton and her co-authors argue that smarter and more robust antitrust enforcement can help, by making room for new social media platforms that promote themselves as healthier alternatives.
Traditional Firms Get More Room to Innovate
A study of the Champagne market co-authored by Yale SOM’s Amandine Ody-Brasier suggests that other industry players are more likely to accept unconventional practices when they come from established firms.
The Practical Game Theorist
Prof. Barry Nalebuff extracts pragmatic insights from game theory to improve the practice of innovation, strategy, and negotiation.
Video: Why You Should Care about Antitrust
We asked Prof. Fiona Scott Morton, former chief economist for the Justice Department’s Antitrust Division and the founder of the Thurman Arnold Project at Yale, to explain why antitrust violations are bad for consumers and how the government can respond.
