Competition
The Problems with the Paramount–Warner Merger
Yale SOM’s Jeffrey Sonnenfeld, governance expert Nell Minow, and co-author Stephen Henriques argue that the proposed combination would illegally concentrate power in Hollywood, weaken labor markets, and carry mounting financial risks, even if it ultimately closes.
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.
In the Second Nuclear Age, Information Advantage Defines the Balance of Power
More than a massive nuclear arsenal, says Yale SOM strategy expert Paul Bracken, information technology and shifting alliances drive post-Cold War military advantage in an unpredictable, multipolar world.
Facebook’s Dominance Is Built on Anti-Competitive Behavior
In a new paper, Yale SOM’s Fiona Scott Morton writes that the company took control of the social media industry by misleading consumers and buying up rivals.
The Antitrust Case against Google
State and federal authorities are reportedly preparing to bring antitrust charges against Google. We talked to Yale SOM’s Fiona Scott Morton about the company's dominant role in online advertising and how it limits competition.
Contrary to Conventional Wisdom, Margins Don’t Rise as a Company Grows
Nearly every business plan contains the assumption that as the company grows, its average costs will fall and profit margins will rise. But that isn’t borne out by the numbers.
