Market Power and Money in Politics: An Assessment

Firms compete in markets, and markets are affected by regulators. But can we measure how much incumbent firms try to shape regulations in their favour? Or how much market power leads to political power? Join the Stigler Center for a conversation with Babette Boliek (Pepperdine University) and Tommaso Valletti (Imperial College London), moderated by Filippo Lancieri (University of Chicago Law School), on lobbying and influence in markets. The discussion will be based on a project by Valletti (with Bo Cowgill, Fabrizio Dell’Acqua, and Andrea Prat) that studies how firms lobby in theory and in practice by looking at market data on lobbying spending and political contributions in the US over the past 20 years.

Hosted by the Stigler Center