On October 20, the U.S. Justice Department filed suit against Google, accusing the company of illegally using its market power to maintain dominance of online search and advertising. We asked Yale SOM antitrust expert Fiona Scott Morton to explain why antitrust violations are bad for consumers and how the government can respond.
Debilitated by COVID-19, airlines are preparing to cut more than 30,000 jobs as soon as next month. We asked Prof. Kevin Williams to explain some of the economics of air travel and how the industry can survive in an age of stay-at-home orders.
Yale SOM’s Jason Abaluck and his co-authors calculated that the Medicare Advantage plans appreciably influence the survival rates of their enrollees. Shutting down the plans with the highest mortality rates could save thousands of lives per year.
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.
The Trump administration is reportedly planning to limit immigration for skilled workers in order to boost employment for domestic workers. Yale SOM’s Jeffrey Sonnenfeld writes that such a move would stifle innovation and even endanger Americans’ health.
Since health insurance is tied to employment in the United States, Americans are losing their insurance just as they need it most. We asked economist Fiona Scott Morton, an expert on the healthcare industry, what a better system would look like.