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The collection of all scholarly commentary on law, economics, and more

Showing results for:  “digital markets act”

On the ethical dimension of l’affair hiybbprqag

Former TOTM blog symposium participant Joshua Gans (visiting Microsoft Research) has a post at TAP on l’affair hiybbprqag, about which I blogged previously here. Gans notes, as I did, that Microsoft is not engaged in wholesale copying of Google’s search results, even though doing so would be technologically feasible.  But Gans goes on to draw ... On the ethical dimension of l’affair hiybbprqag

Weiser on Carrier’s Innovation in the 21st Century

It is trite to say that “we are all Schumpeterians now.”  When it comes to appreciating the importance of innovation and entrepreneurship, however, we are.  Schumpeter, unfortunately, did not leave a theory of innovation that lends itself to easy application to public policy prescriptions, as Brad De Long has explained so clearly.  By so clearly ... Weiser on Carrier’s Innovation in the 21st Century

Death to insider traders

NY U.S. Attorney Preet Bharara testified today at the U.S. Sentencing Commission for stiffer insider trading penalties.  He said “[t]he guidelines as they stand may be letting some defendants in some cases off with lighter sentences than they deserve” because stock market moves unrelated to the inside information reduced or eliminated profit on their trades. ... Death to insider traders

CBS v. Howard Stern

Today’s NYT has an article on CBS’s suit against Howard Stern for breach of contract (click here). According to the article: The lawsuit, which also names Sirius and Stern’s agent as defendants, claims Stern improperly used CBS radio’s air time to promote his new show with Sirius, which began last month. CBS also claims Stern ... CBS v. Howard Stern

Robert Barro Talks Stimulus

Here’s the link.  Its an accessible read.  Here’s a few key question (in bold) and answers: Do you read Paul Krugman’s blog? Just when he writes nasty individual comments that people forward. Oh, well he wrote a series of posts saying he thought the World War II spending evidence was not good, for a variety ... Robert Barro Talks Stimulus

Tax

Interim Final Rules Amending Parts III and IV Rules of FTC Rules of Practice Issued

The FTC announced today that it has approved a notice adopting interim final rules amending Parts III and IV of its rules of practice. As boring as that sound, this is a big deal. Here is the Federal Register notice. There are a number of changes, for instance, deadlines are imposed to expedite the pre-hearing ... Interim Final Rules Amending Parts III and IV Rules of FTC Rules of Practice Issued

New Paper on Majority Voting for the Election of Directors

A draft of my new paper entitled Majority Voting for the Election of Directors is now up on SSRN. I co-authored the piece with Young Kim, a finance professor at Northern Kentucky, so it has an empirical component. Here’s the abstract: We explore the theory, law, and practice of the shift from a plurality voting ... New Paper on Majority Voting for the Election of Directors

PIPEs

I recently posted on SSRN one of the two articles I have committed to write for the Entrepreneurial Business Law Journal. It’s entitled PIPEs (note that I went with a “micro-title” and successfully resisted the urge (at least for now) of being “very punny,” e.g., PIPE bomb, Sewer PIPE, Burst PIPE, Smoking PIPE, PIPEline . ... PIPEs

More Kookiness in Chicago

I’ve previously tiraded about paternalism in my beloved Chicago. I won’t beat that dead horse, but I just can’t ignore the latest liberty restriction imposed by our esteemed aldermaniacs. The members of the aldermen’s Buildings Committee recently voted to extend the city’s smoking ban to performers in theatrical productions. What a freakin’ embarrassment. The aldermen ... More Kookiness in Chicago

Professor Bainbridge's Complete Guide to Sarbanes-Oxley

Is available here. Here is the description: Congress passed the Sarbanes-Oxley Act in response to major corporate and accounting scandals–and many consider the act to be the most significant change in corporate governance and securities regulations in the past seventy years. SOX requirements have brought about far-reaching changes for public corporations, private corporations, and nonprofits. ... Professor Bainbridge's Complete Guide to Sarbanes-Oxley

An Interesting Paper on Unwanted Fertility and Crime

Juan Pantano, a Ph.D. Candidate in the excellent UCLA Economics Department, has a paper that some of our readers might be interested in entitled: Unwanted Fertility, Contraceptive Technology and Crime: Exploiting a Natural Experiment in Access to the Pill.  Here’s the abstract: A blossoming literature in the U.S. examines the role of abortion legalization on ... An Interesting Paper on Unwanted Fertility and Crime

Senator Kohl on Antitrust, Part I — Airline Mergers

One nice thing about being a legal academic is that you can diversify your political portfolio. By that, I mean that you become somewhat indifferent to who’s in office. If it’s folks you agree with, then you’re happy because your preferred policies are being implemented. If it’s folks with whom you disagree, then you’re happy ... Senator Kohl on Antitrust, Part I — Airline Mergers