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	<title>Comments on: Another Antitrust Violation in the Making at the Ivies?</title>
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	<description>Academic commentary on law, business, economics and more</description>
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		<title>By: John L. Davidson</title>
		<link>http://truthonthemarket.com/2006/09/14/another-antitrust-violation-in-the-making-at-the-ivies/#comment-6200</link>
		<dc:creator><![CDATA[John L. Davidson]]></dc:creator>
		<pubDate>Sat, 21 Oct 2006 04:52:13 +0000</pubDate>
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		<description><![CDATA[Thom,

You lack intellectual honesty.  You are cute here about concerted action and then you write a paper on SSRN about public smoking bans, acting like it never happens.

Second, elsewhere you claim to be from the Chicago School with a default to laissez-faire and then come over here and wack Harvard for concerted action.

The fact is that concerted action is the default, especially signaled concerted action and that is why we need regulated markets and government bans on smoking]]></description>
		<content:encoded><![CDATA[<p>Thom,</p>
<p>You lack intellectual honesty.  You are cute here about concerted action and then you write a paper on SSRN about public smoking bans, acting like it never happens.</p>
<p>Second, elsewhere you claim to be from the Chicago School with a default to laissez-faire and then come over here and wack Harvard for concerted action.</p>
<p>The fact is that concerted action is the default, especially signaled concerted action and that is why we need regulated markets and government bans on smoking</p>
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		<title>By: TRUTH ON THE MARKET &#187; More Evidence of a Brewing Antitrust Violation at Elite Schools</title>
		<link>http://truthonthemarket.com/2006/09/14/another-antitrust-violation-in-the-making-at-the-ivies/#comment-6199</link>
		<dc:creator><![CDATA[TRUTH ON THE MARKET &#187; More Evidence of a Brewing Antitrust Violation at Elite Schools]]></dc:creator>
		<pubDate>Tue, 19 Sep 2006 14:07:33 +0000</pubDate>
		<guid isPermaLink="false">http://www.truthonthemarket.com/2006/09/14/another-antitrust-violation-in-the-making-at-the-ivies/#comment-6199</guid>
		<description><![CDATA[[...] I called it last week. Today&#8217;s NYT reports that Princeton has accepted Harvard&#8217;s invitation to join it in eliminating early admissions. In addition, the presidents of eleven elite liberal arts colleges (including Swarthmore, Williams, Barnard, and Amherst) have met to discuss, among other things, collectively eliminating their early admission programs and reducing merit-based aid. [...]]]></description>
		<content:encoded><![CDATA[<p>[...] I called it last week. Today&#8217;s NYT reports that Princeton has accepted Harvard&#8217;s invitation to join it in eliminating early admissions. In addition, the presidents of eleven elite liberal arts colleges (including Swarthmore, Williams, Barnard, and Amherst) have met to discuss, among other things, collectively eliminating their early admission programs and reducing merit-based aid. [...]</p>
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		<title>By: Thom Lambert</title>
		<link>http://truthonthemarket.com/2006/09/14/another-antitrust-violation-in-the-making-at-the-ivies/#comment-6198</link>
		<dc:creator><![CDATA[Thom Lambert]]></dc:creator>
		<pubDate>Thu, 14 Sep 2006 19:41:38 +0000</pubDate>
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		<description><![CDATA[If (1) there are high schoolers that would prefer an early admissions option (as there are), and (2) schools actively competing with each other would respond to that demand by offering an early admissions option (as is the case), then an agreement among schools not to compete with each other on this part of the package denies student consumers a benefit that competition would produce.  They are injured, and their injury is the type the antitrust laws were designed to prevent.]]></description>
		<content:encoded><![CDATA[<p>If (1) there are high schoolers that would prefer an early admissions option (as there are), and (2) schools actively competing with each other would respond to that demand by offering an early admissions option (as is the case), then an agreement among schools not to compete with each other on this part of the package denies student consumers a benefit that competition would produce.  They are injured, and their injury is the type the antitrust laws were designed to prevent.</p>
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		<title>By: joe</title>
		<link>http://truthonthemarket.com/2006/09/14/another-antitrust-violation-in-the-making-at-the-ivies/#comment-6197</link>
		<dc:creator><![CDATA[joe]]></dc:creator>
		<pubDate>Thu, 14 Sep 2006 18:59:00 +0000</pubDate>
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		<description><![CDATA[It seems to me that anti-trust concerns enter the picture only when the consuming public is harmed-- e.g., Standard Oil controlling the price of oil 100 years ago.  I don&#039;t see where high school seniors would be hurt by collusion to make the admissions process more fair.

I also suspect Harvard is delaying its new policy until the 2007 admissions season because applications for the 2006 season are already printed.]]></description>
		<content:encoded><![CDATA[<p>It seems to me that anti-trust concerns enter the picture only when the consuming public is harmed&#8211; e.g., Standard Oil controlling the price of oil 100 years ago.  I don&#8217;t see where high school seniors would be hurt by collusion to make the admissions process more fair.</p>
<p>I also suspect Harvard is delaying its new policy until the 2007 admissions season because applications for the 2006 season are already printed.</p>
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