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Showing results for:  “digital markets act”

Private Antitrust: What Hipsters Can Learn from Hulk Hogan

Antitrust populists have a long list of complaints about competition policy, including: laws aren’t broad enough or tough enough, enforcers are lax, and judges tend to favor defendants over plaintiffs or government agencies. The populist push got a bump with the New York Times coverage of Lina Khan’s “Amazon’s Antitrust Paradox” in which she advocated ... Private Antitrust: What Hipsters Can Learn from Hulk Hogan

Price-Parity Clauses: The Good, The Bad, and the…Anticompetitive?

Price-parity clauses have, until recently, been little discussed in the academic vertical-price-restraints literature. Their growing importance, however, cannot be ignored, and common misconceptions around their use and implementation need to be addressed. While similar in nature to both resale price maintenance and most-favored-nations clauses, the special vertical relationship between sellers and the platform inherent in ... Price-Parity Clauses: The Good, The Bad, and the…Anticompetitive?

Biweekly FTC Roundup: Total Drama Island Edition

In a Feb. 14 column in the Wall Street Journal, Commissioner Christine Wilson announced her intent to resign her position on the Federal Trade Commission (FTC). For those curious to know why, she beat you to the punch in the title and subtitle of her column: “Why I’m Resigning as an FTC Commissioner: Lina Khan’s ... Biweekly FTC Roundup: Total Drama Island Edition

Welcome Baby 7B!

According to the United Nations, sometime around Halloween a newborn baby will push the world’s population above seven billion people.  Welcome to our spectacular planet, Little One! I should warn you that not everyone will greet your arrival as enthusiastically as I.  A great many smart folks on our planet—especially highly educated people in rich ... Welcome Baby 7B!

Who is Pressuring Antitrust? A Response to Wright

[Jonathan Baker (American University, currently on leave at the Federal Communications Commission where he is Chief Economist) has written the following response to Josh’s earlier post commenting on Baker’s forthcoming article: Preserving a Political Bargain: The Political Economy of the Non-Interventionist Challenge to Monopolization Enforcement.   Eds.] Thanks to Josh for engaging with my article in ... Who is Pressuring Antitrust? A Response to Wright

Why the Commission’s Google Android decision harms competition and stifles innovation

Our story begins on the morning of January 9, 2007. Few people knew it at the time, but the world of wireless communications was about to change forever. Steve Jobs walked on stage wearing his usual turtleneck, and proceeded to reveal the iPhone. The rest, as they say, is history. The iPhone moved the wireless ... Why the Commission’s Google Android decision harms competition and stifles innovation

Revisionist corporate governance

If you haven’t been living under a rock recently, you’ve seen an incredible amount of hand wringing–and proposed regulation–around “excessive compensation.”  I’m a little too lazy to amass all the relevant links here, but both the administration and the congress are introducing regulations/bills and talking about the issue extensively. Commentators, too, have gotten in on ... Revisionist corporate governance

Do motives matter?

I have the pleasure of co-leading a seminar this quarter with distinguished philosopher Brian Leiter. The seminar, entitled “Capitalism: For and Against,” (take a guess which side I’m on), meets periodically at either my home or Brian’s. About 12 students join us to discuss a reading. So far, we’ve read “A Communist Manifesto,” (how could ... Do motives matter?

Intel’s Loyalty Rebates: Why the Interventionists Are Wrong

The New York Times isn’t the only one calling for the FTC to go after Intel for its purportedly exclusionary discounting. The reliably interventionist American Antitrust Institute concurs. In a recent letter to the FTC, it wrote: Based on allegations by AMD [Advanced Micro Devices] in a private U.S. case and on what we have ... Intel’s Loyalty Rebates: Why the Interventionists Are Wrong

Symposium

Section 2 Symposium

We’re very pleased to be able to kick off Truth on the Market’s symposium on Section 2 and the Section 2 Report.  We’ve put together a lineup that includes current and former agency representatives, economists, practicing lawyers, and academics in the hopes of creating an environment conductive to a productive discussion of not only the ... Section 2 Symposium

It’s Not Time To Panic About Amazon’s Purchase of Whole Foods. Yet.

Even with these caveats, it’s still worth looking at the recent trends. Whole Foods’s sales since 2015 have been flat, with only low single-digit growth, according to data from Second Measure. This suggests Whole Foods is not yet getting a lift from the relationship. However, the percentage of Whole Foods’ new customers who are Prime Members increased post-merger, from 34 percent in June 2017 to 41 percent in June 2018. This suggests that Amazon’s platform is delivering customers to Whole Foods.

Top Ten Antitrust Articles of 2008

Its the time for end of the year lists. In conjunction with Danny Sokol’s survey of nominations for article of the year in 2008 (here are last year’s entries and here’s my list of the top 10 from last year), and without further ado, here are my personal, idiosyncratic, completely non-scientifically derived top 10 antitrust ... Top Ten Antitrust Articles of 2008