Hiba Hafiz

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Volume 90.2
Labor Market Regulation and Worker Power
Hiba Hafiz
Assistant Professor of Law, Boston College Law School; Thurman Arnold Project Fellow, Yale University; Expert Advisor, Federal Trade Commission.

The views expressed here are the author’s own and do not reflect those of the Federal Trade Commission or any of its Commissioners.

Ioana Marinescu
Associate Professor, School of Social Policy & Practice, University of Pennsylvania; Research Associate at the National Bureau of Economic Research; Principal Economist, U.S. Department of Justice, Antitrust Division.

The views expressed here are the author’s own and do not reflect those of the Department of Justice.

Due to a lack of competition among employers in the labor market, employers have monopsony power, or power to pay workers less than what the workers contribute to the employers’ bottom line. “Worker power” is workers’ ability to obtain higher wages and better working conditions.

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Article
Labor Antitrust’s Paradox
Hiba Hafiz
Assistant Professor of Law, Boston College Law School.

I am deeply grateful to Eric Posner, Sanjukta Paul, Brian Callaci, and the participants of the Reassessing the Chicago School of Antitrust Law Symposium for their helpful comments and suggestions.