Luigi Zingales - The Chicago School | Evolution of Digital Markets: US, EU & India | AI & Antitrust

Prof. Luigi Zingales is the Director of the Stigler Center for the Study of the Economy, University of Chicago, and the State.Robert C. McCormack Distinguished Service Professor of Entrepreneurship and Finance.
Competition policy undergoes simultaneously several foundational metamorphoses. It reevaluates its methodological apparatus; it is in search for its new normative mission; it is rediscovering its place in the broader constellations of various legitimate societal values and interests.
To discuss the new role and function of competition policy I invited the director of the Stigler Center at the University of Chicago Luigi Zingales.
The Centre is known for its remarkable activities in the area of US and global antitrust policy. It hosts many high-profile events at which the leading minds representing various (often polar) views discuss constructively (but enthusiastically) the role and condition of antitrust policy in digital markets and beyond.
We had a very informative conversation on the condition of competition in digital markets, on the ways how different polities address these rapid changes, on the lessons EU/UK should learn from other jurisdictions (and vice versa) and many other narrow and broad topics.
Prof. Zingales is a great thinker and excellent orator. He articulated many really appealing points. Among other issues, the conversation addressed the following:
- In the USA one of the most impactful challenges to the key postulates of the Chicago School is coming from the event hosted by Stigler Center (University of Chicago) - an interesting coincidence?
- When criticising the Chicago School - where should we stop? Is there the risk of overdoing it?
- US antitrust and the digital: is the enthusiasm still there? Is the momentum still there?
- Election and digital markets in the US: is the wind to stronger regulation bipartisan?
- The fundamental power of social media to shape the narratives, to shape the agenda, to shape our minds
- One of the important difference between EU and US digital markets is that there is no EU BigTech. Does it matter? And if yes - how?
- Training AI models
- Is there a dystopian danger of the digital serving authoritarianism?
- Looking at how digital markets evolve - which jurisdiction would be worth noting for us?
- Remarkable development of digital markets in … India
- Key elements of a more proactive competition policy
- Comparison of European and US university systems and academic lives
- Interesting stories about key antitrust antagonists participating at various Stigler Center conferences
- Competition and privacy: very complex relationship
- Will the DMA work? And why?
- Interoperability at the core of the DMA
- Inter-ecosystem competition: good, bad, neutral?
- Policymakers in search for simple choices
- Recommendations to students

[@digital.markets]

All previous episodes (in chronological order):
Luigi Zingales - The Chicago School | Evolution of Digital Markets: US, EU & India | AI & Antitrust ruclips.net/video/4DNs_IyF0Eg/видео.html
Jean-François Bellis: History & Future of EU Competition Law through the Prism of Landmark Cases ruclips.net/video/IwhH2481HG4/видео.html
Prof. René Repasi, Member of the European Parliament: Digital Markets Act, European Digital Agenda ruclips.net/video/zOnD7ycFIeM/видео.html
Damien Geradin: Digital Markets Act, Compliance Reports & Gatekeepers Strategies, Goals of the DMA ruclips.net/video/peqXAtjDsbU/видео.html
Sport & EU Competition Law: Discussing Latest Cases. Ben Van Rompuy, Helene Andersson, Stijn Huijts ruclips.net/video/HtyVIsK5xDM/видео.html
Hanns Ullrich: History & Juristic Roots of EU Competition Law: Reflections from 70 Years Experience ruclips.net/video/8wzza0m8rJM/видео.html
Cristina Caffarra: “Antitrust, Regulation & the Next World Order” Event; Is Competition a Side Dish? ruclips.net/video/lvzpvc9cZqw/видео.html
EU Foreign Subsidies Regulation & Antitrust: Eddy de Smijter DG COMP Lena Hornkohl Marek Martyniszyn ruclips.net/video/Ui7LZ_QMY8w/видео.html
Andreas Mundt, President of German Federal Cartel Office: Reforms in German Digital Competition Law ruclips.net/video/K3TCMJEitT0/видео.html
Denis Sparas (EU Commission, DMA Dir.): Digital Markets Act - First Wave of Cases, First Assessment ruclips.net/video/qtPuwAXLJJc/видео.html
CJEU & Competition Law: Mechanics of the Process - Vivien Terrien, Mariya Serafimova, George Gryllos ruclips.net/video/bLEiBgzbfRM/видео.html
Henri Piffaut, Vice-President of the French Competition Authority: On the Latest in Digital Markets ruclips.net/video/Rg7NWXhFZS8/видео.html
Assimakis Komninos: EU Competition Law Key Developments in 2023, Digital Markets Act & Broader Trends ruclips.net/video/tJZ03FyZh48/видео.html
VideoGaming & Competition: Epic v Google; MS/Activision Eli Pales, Ayse Gizem Yasar, Fabian Ziermann ruclips.net/video/Oz40keDBiZA/видео.html
Lord Clement-Jones: Digital Markets, Competition and Consumers Bill in the House of Lords; AI Rules ruclips.net/video/v8Bwp0oCo7U/видео.html
Prof. Rod Sims, Chair of the Australian Competition & Consumer Commission (2011/22) ruclips.net/video/zpAtqjAKSvU/видео.html
Judicial Review v Full Merits Scrutiny in the DMCCb: Peter Freeman, Catherine Batchelor & Tom Fish ruclips.net/video/pgF_u3BcEJ0/видео.html
Cory Doctorow: Digital Markets Act; Interoperability; Entrenchment; Copyright; "What-About-Ism" ruclips.net/video/Xm23pO5_WKM/видео.html
Olivier Guersent, Director-General of DG COMP: New Vision - the DMA, Goals of Antitrust, Compliance ruclips.net/video/-ihcFgiFhok/видео.html
Digital Markets & Broader Issues of Internet Governance: Lilian Edwards, Ian Brown, Chris Marsden ruclips.net/video/bMBXbI1-imw/видео.html
Anu Bradford, European Markets & Digital Empires - Thinking Globally, Acting Prudently ruclips.net/video/ZxEt2pfb7eQ/видео.htmlfeature=shared
Unpacking UK Digital Markets, Competition & Consumers Bill: Robert Palmer, Ian Forrester, Sarah Long ruclips.net/video/8MNsQ0rKRk4/видео.html
Meta CJEU Judgment - When Competition Meets Privacy: Renato Nazzini, Thomas Höppner, Alessia D'Amico ruclips.net/video/SxQRM79glHc/видео.html
Richard Whish: Goals of Competition Law, Digital Markets Act, The Role of Technical Expertise & more ruclips.net/video/12Zja1dRjBc/видео.html
Philip Marsden: Comparing EU Digital Markets Act v UK Digital Markets, Competition & Consumers Bill ruclips.net/video/BNooF4xBnaQ/видео.html
Ordoliberalism & Competition Law: Past, Present & Future - Matthew Cole, Karen Horn, Anselm Küsters ruclips.net/video/V9Zhgnl9XoM/видео.html
Giuliano Amato: Antitrust and the Bounds of Power; European Competition Law - Past, Present & Future ruclips.net/video/KP7T6JhbDTs/видео.html
Art 102 TFEU & Exclusionary Conduct - The Reform: Anne Witt, Gönenç Gürkaynak, Massimiliano Kadar ruclips.net/video/Fx4LKwakjOA/видео.html
Eleanor Fox: Goals of Antitrust Consumer Welfare v Fairness & Competitive Process; Types of Populism ruclips.net/video/9ZHCmg0EXqg/видео.html
Brazilian Competition Law: Vinicius Klein, Juliana Oliveira Domingues, Caio Mario S. Pereira Neto ruclips.net/video/9Z3FJl5qlBE/видео.html
Amelia Fletcher: Furman Report 5 Years On; Key Features of Emerging Digital Competition Policy; DMCC ruclips.net/video/H74HMJHwlaw/видео.html
Google AdTech: EU Commission SO. Konstantina Bania (Brunel), Michael Veale (UCL), Mikaël Hervé (CRA) ruclips.net/video/bQmck6gNIBc/видео.html
Competition Policy in the Media: Lewis Crofts (MLex) Javier Espinoza (FT) Samuel Stolton (Bloomberg) ruclips.net/video/98AvaTIPvYY/видео.html
Unboxing UK Digital Markets, Competition & Consumers Bill Liza Lovdahl-Gormsen, Tom Smith, Dirk Auer ruclips.net/video/mmK-tlVH4sM/видео.html
Martijn Snoep: A New Vision of Antitrust Enforcement, Regulatory Dialogue, Compliance, Fines, DMA ruclips.net/video/WSIchX_Lm24/видео.html
Competition Law & Digital Regulation in India: Shilpi Bhattacharya, Raveena Sethia, Anshuman Sakle ruclips.net/video/zPMauTGwDOw/видео.html
Ioannis Lianos: Regulating Competition in Digital Markets; Polycentric & Inter-Ecosystem Competition ruclips.net/video/DMmhOVuXXxI/видео.html
Digital Markets Act & Data-Related Obligations: Natalia Moreno, Jan Krämer, Chris Riley ruclips.net/video/GSH-wU_e05k/видео.html
UK Digital Markets, Competition and Consumers bill: Matilda Curtis (BEIS) co-drafter of the bill ruclips.net/video/Q1AlEigkCVE/видео.html
Giorgio Monti, Or Brook, Magali Eben: The History of the Future: the DMA & National Competition Laws ruclips.net/video/e8N2k70eHqs/видео.html
Oliver Bethell, Google Head of Competition EMEA: Is the DMA a Challenge or an Opportunity? Interview ruclips.net/video/jDX8trEvCuc/видео.html
The 11th Amendment to the German Competition Act GWB Makis Komninos, Rupprecht Podszun, Sophie Gappa ruclips.net/video/i_Xt0tR7G68/видео.html
Video Game Industry and Digital Competition Law: Friso Bostoen, Amy Thomas, Alba Ribera Martínez ruclips.net/video/9ziBekKoGqs/видео.html
Conversation with Johnny Ryan: AdTech, GDPR, 3rd Party Cookies, Real-Time Bidding, Privacy Sandbox, Programmatic ads ruclips.net/video/3C4H0F7GXqc/видео.html
App Store Gatekeepers & the EU Digital Markets Act: Viktoria Robertson, Benedict Evans, Tim Cowen ruclips.net/video/G0LkYjqbBO4/видео.html
The DMA & Interoperability in Messaging Services: Agustin Reyna, Eliana Garcés, Simonetta Vezzoso ruclips.net/video/2YVC15W8iSc/видео.html
MEP Andreas Schwab: Conversation on the Digital Markets Act and EU Digital Competition Policy DMA ruclips.net/video/UAlkdvgvFlo/видео.html
Workshop: Digital Services Act & Digital Markets Act: Comparing the Incomparable? Martin Husovec, Ilaria Buri, Mark Leiser ruclips.net/video/UKsX8nX0HNk/видео.html
Alexandre de Streel on the Digital Markets Act | Compliance | EU Law | Regulation | Antitrust DMA ruclips.net/video/tGYiazVV1Eg/видео.html
Workshop: Niamh Dunne, Miguel Sousa Ferro, Justin Lindeboom: DB Station case: between Competition & Regulation ruclips.net/video/UCv_MJf4_jo/видео.html
Conversation with Tommaso Valletti: the Digital Markets Act, Economics of Antitrust, Experts as Agents ruclips.net/video/iKIzVCfhElQ/видео.html
Workshop 'DMA & Self-Preferencing': Vanessa Turner (BEUC), Denis Sparas (DMA TaskForce), Gonçalo Machado Borges ruclips.net/video/nUwjSvqly2I/видео.html
Workshop 'The Procedural Aspects of the DMA': Marco Botta, Fabiana Di Porto, Henry Mostyn ruclips.net/video/_GLbXEYMVts/видео.html
Conversation with Cristina Caffarra On the effectiveness and enforceability of the Digital Markets Act ruclips.net/video/j1vmOETUMxw/видео.html
Conversation with Prof. Rupprecht Podszun: Digital Markets Act, New German Competition Law, privacy & antitrust ruclips.net/video/U-wZwVXMPow/видео.html
Digital Markets Act: Quo Vadis? A Thematic workshop with the Ana Malheiro DMA Task Force, Dr Assimakis Komninos & Prof. Damien Geradin ruclips.net/video/MWNEApCPca4/видео.html
Conversation with a former Vice-President of DuckDuckGo Megan Gray on the state of competition in online search engine markets ruclips.net/video/uoPkxG5OLLs/видео.html