This paper is about firms as an instance of economic coordination, and about how we think about them in relation to other forms of coordination as well as in relation to competition and markets. The dominant frame for thinking about firms--which has strongly influenced contemporary competition...

Sharon Block’s and Benjamin H. Harris’ edited volume of policy-oriented essays, Inequality and the Labor Market: The Case for Greater Competition, is a valuable contribution to the developing conversation about competition and labor markets. At the broadest level, the volume evokes, but does...

It is conventionally understood that the purpose of antitrust law is to promote competition. Much more fundamentally, however, antitrust law allocates coordination rights. In particular, our current antitrust framework authorizes large, powerful firms as the primary mechanisms of economic and...

This paper reconsiders the foundations of judicial supremacy in antitrust, which rests ultimately upon the claim that the Sherman Act is a "common law statute." The common law statute thesis is that Congress delegated to judges the power to invent the criteria by which the law will allocate...

Worker-owned or controlled firms face a little-studied threat from antitrust law that typifies broader problems with the current antitrust paradigm, namely that it favors coordination through concentrated ownership and control while disfavoring coordination through democratic participation, for...

Workers beyond the bounds of employment and other small players are deprived of coordination rights under "fissured" business arrangements in addition to being subject to the control of relatively large, powerful firms. This absence of coordination rights is neither an inexorable force of nature...

If the members of a hiring hall, run by a labor union or directly by workers, were independent contractor service providers, it would be engaging in impermissible price-fixing under the conventional interpretation of antitrust law. Yet Uber has thus far been permitted to engage in precisely this...