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Top promarket.org News

Will The EU Roll Back 2035 EV Monopoly Target To Save Its Industry?

Will The EU Roll Back 2035 EV Monopoly Target To Save Its Industry?

Coverage: 2 sources

The EU plan for a new EV monopoly by 2035 will falter as China’s sales push gains momentum. Will Brussels dilute its green transition, or risk its flagship industry?See the Story

How Media Concentration in the Age of Radio Prefigured Today’s Big Tech Debate

Washington DC · Washington

How Media Concentration in the Age of Radio Prefigured Today’s Big Tech Debate

100% Right coverage: 1 sources

In the 1930s, staffers at the newly established Federal Communications Commission devised a novel rationale for limiting network power in radio, telephony, and the press. While much has changed since the “age of radio,” the concerns they raised inform the present-day debate over the control that social media platforms exert over public discourse, writes Richard R. John.See the Story

U.S. Companies Delay Impact Reports with DEI, ESG Under Attack

U.S. Companies Delay Impact Reports with DEI, ESG Under Attack

100% Right coverage: 1 sources

NEW YORK, June 6 (Xinhua) -- Nike has joined a growing list of companies that includes JPMorgan Chase & Co., Constellation Brands Inc. and Akamai Technologies Inc. that are either canceling or delaying publication of their so-called sustainability or corporate impact reports for shareholders. Read full story See the Story

China Is Using Its Market Power To Influence Foreign Policymaking

Audrye Wong writes that China is able to use its market power to pressure foreign companies and business leaders—perhaps most notably Tesla CEO Elon Musk—to lobby on its behalf. The practice raises questions about foreign influence in American and European policymaking and the disproportionate clout of business and oligarchic interests.Tesla · China Read Article

How Corporations Can Block Abundance

As Americans struggle with an increasing cost of living, a new poll suggests that the public prefers leaders who create prosperity by taking on concentrated corporate power over those who focus on removing government barriers. Jennifer Howard argues that this reflects a growing recognition that corporations block abundance because they profit from artificial scarcity. She describes how businesses consolidate and then engineer limits to extract weBelgium · Belgium See the Story

Has Antitrust Returned to the “Domain of Law”?

Allen Grunes comments on the core continuity in antitrust enforcement between the Biden and second Trump administrations. He argues that the continuity reflects, in Zephyr Teachout’s words, the “homecoming” of antitrust to the “domain of law.” The following is a revised version of remarks Grunes delivered at the Loyola Antitrust Colloquium in April.Read Article

It’s Time To Imagine Chrome Without Google

Karina Montoya reflects on the end of the remedies phase of the Department of Justice’s case against Google for monopolizing the online search market. She argues that Google’s warnings against divestiture of its browser, Chrome, fall short and that a breakup will benefit the security of the internet, innovation, and users.Google Read Article

A Tale of Tariffs and the Making of the Modern Offshore Market

David Chan Smith argues that tariff regimes during the eighteenth century encouraged modern history’s first offshore markets to reroute goods through jurisdictions that faced lower tariff rates. This historical “entrepôt trade” could outstrip the legal trade of some goods and carries lessons for contemporary revisions to international trade.Read Article

Data Suggests Not All Industrial Policy Sacrifices Competition by Design

In new research, Petros Boulieris, Bruno Carballa-Smichowski, Maria Niki Fourka and Ioannis Lianos analyze industrial policy from around the world to understand how policymakers are rethinking policy goals. The authors create a set of metrics to measure how different policy orientations improve or sacrifice competition.Read Article

Don’t Dismantle America’s Audit Regulator—It’s a Strategic Asset Against China

Congress is considering eliminating the Public Company Accounting Oversight Board, the independent federal agency that “audits the auditors.” Karthik Ramanna and Nemit Shroff write that elimination of the PCAOB would be a strategic blunder that would undercut President Donald Trump’s own industrial policy and trade initiatives. Tucked into the latest House reconciliation bill is a stealth proposal to eliminate the Public Company Accounting Overs…Washington DC · Washington Read Article

The Law Firms That Appeased Trump—and Angered Their Clients

64% Left coverage: 14 sources

At a recent luncheon at Cipriani in Midtown Manhattan, a top lawyer for Citadel delivered a message to leaders of some of the country’s biggest law firms. Brooke Cucinella told them that the hedge-fund company likes to work with law firms that aren’t afraid of a fight. US Politics · United States See the Story

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