Showing results for: “digital markets act”
Varney Gets It Right on RPM
Tomorrow I will be presenting my paper, A Decision-Theoretic Rule of Reason for Minimum Resale Price Maintenance, at the Next Generation of Antitrust Scholarship Conference at NYU Law School. (Kudos to Danny Sokol for co-organizing what promises to be a terrific event!) My paper criticizes four proposed approaches to evaluating RPM post-Leegin, and it sets ... Varney Gets It Right on RPM
Mutual Fund Voting
The W$J ran a story earlier in the week on mutual fund voting (see here). The story reported on the somewhat old news that academic research has “found no evidence of fund companies tailoring their votes to specific business relationships,” contrary to earlier claims by shareholder activists. The article is nonetheless of interest because it ... Mutual Fund Voting
Posner cites Wright
I’m sure it’s an honor just to be nominated. A recent opinion from Judge Posner cites our very own Josh Wright (Joshua D. Wright & Todd J. Zywicki, “Three Problematic Truths About the Consumer Financial Protection Agency Act of 2009,” Lombard Street, Sept. 14, 2009, available here) (by the way, the essay has drawn a ... Posner cites Wright
Competition in agriculture redux (cross-posted)
Antitrust & Competition Policy Blog is hosting a symposium on Competition in Agriculture. Mike’s post from yesterday is available here. So far in the symposium there are also posts by Ron Cass (BU Law), Jeff Harrison (Florida Law), Peter Carstensen (Wisconsin Law), and Kyle Stiegert (Wisconsin Applied Econ). Additional posts should be forthcoming from ... Competition in agriculture redux (cross-posted)
Update: Vandy's PhD in Law and Economics
A few months ago, Keith posted regarding the announcement of Vanderbilt’s new PhD program in Law and Economics. The post generated a lively discussion in the comments (and a follow up post here on GMU’s own Law and Econ program). Much of the discussion focused on the following questions: what would such a program should ... Update: Vandy's PhD in Law and Economics
Some thoughts on the Olympics
I just love the Olympics. Exhibit A for me was the face of American skier Lindsey Vonn in the starting gate last night before her gold-medal-winning race. Vonn was the overwhelming favorite, having proved herself the greatest skier in the world for the past few years. She was, however, plagued by a nasty shin injury ... Some thoughts on the Olympics
Why Don't Federal Judges "Hire" Economists More Often?
Dick Langlois’ post on Carl Kaysen’s role in the United Machinery antitrust case reminded me of a question I’ve been meaning to blog about. Langlois writes: Obituaries praise Kaysen for his role as a policy intellectual of great scope, especially in the area of nuclear non-proliferation. But they either fail to mention, or mention with ... Why Don't Federal Judges "Hire" Economists More Often?
Please Don’t Regulate Zillowtalk
Several months ago, Geoff posted about Zillow.com, a website purporting to provide “Free, Instant Valuations and Data for 67,000,000+ Homes (…and you don’t have to enter any personal info and no one will contact you).” Several of us played around on Zillow a bit and concluded that it’s not all that accurate at estimating home ... Please Don’t Regulate Zillowtalk
Arthur Rosett
Professor Bainbridge passes along the sad news that UCLA Law’s Arthur Rosett has passed. Professor Rosett my my contracts professor at UCLA in my first year of law school. The LA Times Obituary hits the highlights of Professor Rosett’s legal career: Arthur was a distinguished legal scholar and esteemed member of the faculty at the ... Arthur Rosett
A Few Thoughts on Law School Specialization
The topic of specialization in law school faculties has come up again in the blogosphere, as tends to be the case around hiring season. Mark Fenster starts us off at Prawfs with a very thoughtful post noting some of the potential costs associated with specialization and concludes: To me, the ideal law school would be ... A Few Thoughts on Law School Specialization
Splitting CEO and Board Chair Roles
According to a recent NYT article (click here), 29% of S&P 500 companies have split their CEO and Board Chair roles, up from 21% five years ago. The reasons for doing so are varied: Some, like Disney, were forced by shareholders to decouple the roles. Others, like Dell, did so to give a hard-working president ... Splitting CEO and Board Chair Roles
Another unintended consequence of SOX: preliminary earnings
We know that Sarbanes-Oxley imposed significant costs on firms in the interests of more accurate disclosures. Maybe this is a cost worth bearing. But what if one of these costs is actually less accurate disclosures? Scott N. Bronson, Chris Hogan and Marilyn Johnson of Michigan State have written The Unintended Consequences of PCAOB Auditing Standards ... Another unintended consequence of SOX: preliminary earnings
