Competition Overdose: How Free Market Mythology Transformed Us from Citizen Kings to Market Servants (HarperCollins 2020)
For decades, competition has been prescribed as the cure for almost every economic ill. Lower prices. Better services. More innovation. The logic became so entrenched that questioning it seemed almost heretical.
​
Competition Overdose does exactly that.
Drawing on vivid examples from college admissions to online dating to healthcare, Professors Stucke and Ezrachi show how the uncritical pursuit of competition has harmed the very consumers it was supposed to protect — suppressing wages, rewarding exploitation, and concentrating wealth at the top while hollowing out opportunity below. The problem is not competition itself, but the blind faith that more of it is always better.
The book offers a diagnosis and a remedy: how to distinguish healthy competition from toxic rivalry, and how to build markets that serve people rather than the other way around.
​
Translated into Korean and Mandarin | Publishers Weekly Top 10 forthcoming business and economics books | Porchlight Books to Watch
​