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Showing results for:  “digital markets act”

New proposed accredited investor definition specifically for hedge funds

A post on DealBook pointed me to a recent SEC release I missed over the holidays. The proposed rules contained in the release “are designed to provide additional investor protections” with respect to hedge funds. The proposed rules include amendments to Regulation D that change the definition of accredited investor to be applied to a ... New proposed accredited investor definition specifically for hedge funds

Call for Papers: AALS Section on Securities Regulation

AALS SECTION ON SECURITIES REGULATION CALL FOR PAPERS FOR JANUARY 2007 ANNUAL MEETING The AALS Section on Securities Regulation will hold its seventh meeting during the AALS Annual Meeting in San Francisco, California from January 3-6, 2007. (The Section meeting is tentatively scheduled for Saturday, January 6, 2007). The Executive Committee invites submissions of abstracts ... Call for Papers: AALS Section on Securities Regulation

Delaware for Small Fry: Jurisdictional Competition for Limited Liability Companies

My article with Bruce Kobayashi, previously available as a working paper, has just been published in 2011 University of Illinois Law Review 91 with the above new title .  The published version has been posted on SSRN. Here’s the revised abstract: Most of the work on jurisdictional competition for business associations has focused on publicly ... Delaware for Small Fry: Jurisdictional Competition for Limited Liability Companies

Intel Case the Model for the FTC?

So says this BusinessWeek headline based on an interview with Federal Trade Commission Chairman Jon Leibowitz.   However, most of the article appears to be about establishing the Commission seeking to advance the proposition that the FTC Act expands beyond the scope of the antitrust laws.   For example, the Chairman is quoted as saying “We would ... Intel Case the Model for the FTC?

Let Ethanol Fail

The recent State of the Union address, in which President Bush called for an almost 500% increase in alternative fuel consumption by 2017, once again turned the nation’s attention to the various elixirs that promise to make the U.S. “energy independent.” The closer we look, though, the less appealing the leading alternative fuel — ethanol ... Let Ethanol Fail

Next Generation of Antitrust Conference Announcement

Call for Papers The Next Generation of Antitrust Scholarship Conference NYU School of Law January 29, 2010 Co-sponsored by NYU School of Law, American Association of Law Schools – Antitrust and Trade Regulation Section and the American Bar Association – Antitrust Section Conference Co-organizers Harry First – NYU School of Law Ilene Knable Gotts – ... Next Generation of Antitrust Conference Announcement

Consumer Reports: Car Seats Might Be Safe After All

Consumer Reports has recalled a study of rear-facing infant car seats that claimed that many seats failed crash tests using standards tougher than the National Highway Safety Traffic Administration’s. Apparently, NHSTA contacted Consumer Reports after reading the study and concluded that: “The organization’s data show its side-impact tests were actually conducted under conditions that would ... Consumer Reports: Car Seats Might Be Safe After All

Goldman and the problem with incentive compensation

We have heard a lot about the need to give investment bankers skin in the game to constrain the kinds of counterproductive risk-taking that led to the meltdown. The NYT describes a firm that has been doing that — Goldman Sachs. Unlike other Wall Street firms, Goldman retained a partnership system when it became a ... Goldman and the problem with incentive compensation

Robert Reich on the Massachusetts Health Care Plan

Today’s “Marketplace” program on NPR featured a commentary by Robert Reich (audio available here), in which the former labor secretary sang the virtues of Massachusetts’ new health insurance law. Reich emphasized a couple of times that the Massachusetts plan wouldn’t involve any new taxes. That aspect, he said, might make the plan attractive to the ... Robert Reich on the Massachusetts Health Care Plan

Revisions to the Merger Guidelines: Above All, Do No Harm

My sense is that there is no need to revise the DOJ/FTC Horizontal Merger Guidelines, with one exception.  As Greg Werden points out, “a thorough revision would take up to three years and occupy some of the agencies’ best people for a total of more than two thousand hours.” The current guidelines lay out the ... Revisions to the Merger Guidelines: Above All, Do No Harm

Is Apple Dumb?

The Economist seems to think so, relying on evidence from this new paper by Joel Waldfogel and Ben Shiller.  Waldfogel and Shiller find that, relative to uniform pricing at $.99, alternative pricing schemes including two part tariffs and various bundling schemes could raise producer surplus by somewhere between 17 and 30 percent.  Those are large ... Is Apple Dumb?

The real Facebook story

I originally wrote about “The Social Network” before having seen it, led by a Gordon Crovitz WSJ story quoting a Larry Lessig TNR review into thinking that Zuckerberg was the villain, and concluding that this was just another movie, like so many others I’ve discussed, in which Hollywood’s view of business is shaped by the ... The real Facebook story