Showing results for: “FTC policy statement unfair methods of competition”
Will This Be a Bull Market for Law and Economics?
Larry Ribstein thinks so. The argument is that current economic conditions have exposed the costs of economic naivete and that now is the time for rational and serious discourse about the costs and benefits of specific regulations: The last election has revealed clearly the costs of economic cluelessness. McCain’s floundering in the face of financial ... Will This Be a Bull Market for Law and Economics?
UC Irvine School of Law Update
Dean Erwin Chemerinsky and UCI School of Law are in the news. WSJ Law Blog reports on a little scuffle between Chemerinsky and Second Circuit Chief Judge Jacobs about the purported public interest mission of the law school whether it entails a distinct political leaning. Here’s Chemerinsky: Implicit in Jacobs’ remarks is the assumption that ... UC Irvine School of Law Update
Why (Ever) Define Markets?
The titular question is posed by Louis Kaplow (Harvard) in a recent piece in the Harvard Law Review that I suspect will attract a fair amount of attention. I may have more to say about this later, but for now, here is the abstract: Competition law is dominated by the market definition / market share ... Why (Ever) Define Markets?
The "New" Issue of JLE is Online
The new issue of the Journal of Law & Economics is available online. This is an exciting development for me because the issue includes my paper with Ben Klein on The Economics of Slotting Contracts (SSRN version available here), and because it has been a very long wait to see the paper in final form ... The "New" Issue of JLE is Online
Seventh Grade Math, revisited
Upon the advice of my friend Kate Litvak, I took a short summer vacation to Walt Disney World. (In reality, the trip was a work excursion, to meet up with the other Professor Nowicki to work on an executive compensation paper. But the good news is that the other Professor Nowicki was then at Walt ... Seventh Grade Math, revisited
Who Has the Moral High Ground Here?
Life in the inner city can be hard. Jobs are scarce, prices are high, and transportation is difficult, making it hard to travel significant distances to work or shop. So when major retailers announce plans to enter the inner city, hire lots of employees, turn their neighborhoods into shopping destinations (thereby encouraging the creation of ... Who Has the Moral High Ground Here?
The FT Misunderstands the Economics of Credit-Card Markets
In a recent piece for the Financial Times, Brendan Greeley argues that the misnamed Credit Card Competition Act would reduce inflation. In it, Greeley recycles numerous myths about the nature of credit-card markets that have long been rebutted by serious economic research. Both theory and ample evidence from the United States and other countries shows ... The FT Misunderstands the Economics of Credit-Card Markets
Walter Williams on the "Truly Disgusting" Internet Gambling Crackdown
Here’s a taste: If the Internet Gambling Prohibition Act is approved, it will become a precedent for congressional control over other aspects of the Internet and an important loss in our liberty. Let’s follow the money and ask who benefits should the law be passed. What about legal gambling establishments in Las Vegas, Atlantic City ... Walter Williams on the "Truly Disgusting" Internet Gambling Crackdown
All Aboard! The Title II Express Is Leaving the Station
At lunch last week, I handed out the first of my new business cards with the title “Director, Hootenanny Division.” My lunchmate looked down and said, “Sounds fun, what do you do?” Then, I had to explain that part of the job involves watching open meetings of the Federal Communications Commission (FCC) and reporting on ... All Aboard! The Title II Express Is Leaving the Station
An Inconvenient Truth: Net Neutrality Depresses Broadband Investment
It happens at just about every hootenanny. There’s always at least one song that clears the dance floor. Some tunes, people just won’t dance to. But with a little remixing and a better tempo, even a dirge can be danceable. For years, the Federal Communications Commission (FCC) has refused to dance to the tune of ... An Inconvenient Truth: Net Neutrality Depresses Broadband Investment
Kinderstart Antitrust Claims Dismissed … For Now …
Google’s motion to dismiss Kinderstart’s claims has been granted with leave to amend all claims. Eric Goldman provides commentary, thoughts on the defamation claim, and a link to the court’s order. As far as the antitrust claims go, I commented here that Google’s motion was likely to prevail: Labeling conduct “anticompetitiveâ€? or “exclusionaryâ€? is simply ... Kinderstart Antitrust Claims Dismissed … For Now …
SSRN Top Tens for Corporate, Corporate Governance, and Securities Law
After the jump find the current SSRN top tens for corporate, corporate governance, and securities law.
