Publishers Weekly has named Professor Maurice Stucke’s forthcoming book “Competition Overdose” as one of its top ten business and economics reads for Spring 2020.
The book, the second to be co-written by Stucke and Ariel Ezrachi, takes a different direction from their previous book “Virtual Competition.” In “Competition Overdose,” the co-authors demonstrate how market-based solutions at times can increase inequality, kill entrepreneurship, hurt consumers, and destroy healthy industry ecosystems.
The book casts a critical eye on the drawbacks of competition and examines the reasons for promoting it as a cure-all. It identifies corporations, lobbyists, and lawmakers responsible for perpetuating competition’s excesses and also identifies alternatives to the winner-takes-all competition that is often peddled as the only option.
Since the release of “Virtual Competition: The Promise and Perils of an Algorithm-Driven Society” in 2016, Stucke has become a sought-after speaker internationally, discussing online platforms and market power with a focus on how data and privacy affect competition.
Stucke and Ezrachi were called upon in October to submit a written statement on the subject to the U.S. House Judiciary Committee. In the statement, the two encouraged Congress to implement antitrust reform and meaningful privacy legislation.
“Competition Overdose: How Free Market Mythology Transformed Us from Citizen Kings to Market Servants” is published by Harper Collins and will be available for sale to general public beginning March 17.