The regulatory sandbox model has proven to be relatively effective in reducing regulatory uncertainty and improving investment and innovation outcomes. The antitrust regulatory sandbox is generally a success, even if at the margins there are important changes that can be made. The problem with...

Effective antitrust relies on its institutions. We offer a brief retrospective of sudden and significant change at one of the antitrust institutions in the United States – the Federal Trade Commission (FTC) under the Biden administration. Changes under Chair Lina Khan have been more dramatic...

This research commentary surveys key research related to fintech and its implications for global financial inclusion. Specifically, it provides an overview of studies regarding digital lending, digital payment, and mobile money platforms and how these services can bridge the financial gap for...

Recent outcry for antitrust reform argues that U.S. markets have become more concentrated, that large firms’ profit margins have increased, and that part of these changes may be attributed to lax antitrust enforcement since the 1960s. While each of these arguments is part of an intense...

Previous iterations of the DOJ/FTC Merger Guidelines have articulated a clear, rigorous, and transparent methodology for balancing the pro-competitive benefits of mergers against their anticompetitive costs. By describing agency practice, guidelines facilitate compliance, ensure consistent and...

Information security breaches have attracted a lot of attention from the public, organizations, and regulators. However, our understanding of security risks is still limited due to their rapidly changing nature, advances in information technology, and the development of different business...