Showing results for: “digital markets act”
Is European Competition Law Protectionist? Unpacking the Commission’s Unflattering Track Record
Last month, the European Commission slapped another fine upon Google for infringing European competition rules (€1.49 billion this time). This brings Google’s contribution to the EU budget to a dizzying total of €8.25 billion (to put this into perspective, the total EU budget for 2019 is €165.8 billion). Given this massive number, and the geographic ... Is European Competition Law Protectionist? Unpacking the Commission’s Unflattering Track Record
Miami Heat in 7
That’s my prediction for the NBA Finals. The betting markets and Vegas have Dallas favored, as do most pundits. The series has a ton of interesting matchups. A classic battle of styles: the Mav’s speed against Miami’s inside out attack. Why pick the Heat? In a game of two very contrasting styles, I refuse to ... Miami Heat in 7
Howard Stern and Unilateral Effects
That’s a catchy title for a merger conference (HT: Danny Sokol). The program faculty include: David L. Meyer, Deputy Assistant Attorney General, Antitrust Division, U.S. Department of Justice, Ketan P. Jhaveri, Senior Associate, Simpson Thacher & Bartlett LLP, Charles E. Biggio, Partner, Wilson, Sonsini,Goodrich & Rosati, J. Gregory Sidak, Criterion Economics, LLC . For those ... Howard Stern and Unilateral Effects
Onions Forever! A Response to Allan Shampine
There is nothing like the provocative post from Allan Shampine to move this debate up a notch. First, I did not say that the debate over interchange fees was Onionesque. I reserved that dubious distinction to the on-the-hand-on-the-other-hand title of the GAO report. Allan is right that the stakes are huge, which is why this ... Onions Forever! A Response to Allan Shampine
A More "Competitive" Agriculture? [#agworkshop]
The morning’s panel of farmers represented a variety of perspectives, ranging from more reasoned to more reactionary. Among the ideas suggested: More reasoned: Find a balance between food and fuel in the policy debate (though no clear directions how) Increase trade in global markets (always easy to talk about forcing other countries to buy more ... A More "Competitive" Agriculture? [#agworkshop]
Market constraints on corporate speech
In the wake of the Citizens United decision I responded to the argument that empowering corporation would distort political debate in part by noting that “[f]or-profit firms are limited in their ability to invest in politics for the simple reason that they can’t stay in business over the long run if they lose money.” As ... Market constraints on corporate speech
Are Republicans crazy?
My brilliant and beloved colleague Brian Leiter refers to Republican voters as “sociopaths, villains, religious zealots, and crazies.” There is much to this – the 50 percent or so of the voting population that traditionally vote for the GOP includes its fair share of misinformed nuts. But is there any reason to believe that Republicans have ... Are Republicans crazy?
Jail time for backdaters
I’ve blogged fairly extensively about backdating, including serious questions about whether and when it was wrong at all, and even more serious questions about whether it should be criminalized. Among the specific issues are whether any misrepresentations were material to investors. And then there’s the epidemic of prosecutorial misconduct that has occurred in these cases. ... Jail time for backdaters
Top Ten Books in Corporate Governance
(Law Review Editors take note, my recent submission mentioned in the following post, titled: “Defending Against Shareholder Proxy Access: Delaware’s Future Reviewing Company Defenses in the Era of Dodd-Frank” is still in the process of negotiating for a permanent Law Review home, although the expedite process is getting very hot.) After two years of steadily ... Top Ten Books in Corporate Governance
Heritage Of A Taco
Thanks to Peter Klein over at O&M for bringing attention to this image created by a group of California design students showing the network of suppliers necessary to produce the taco enjoyed at their favorite local taco truck. While the purpose of their picture is to illustrate the ecological footprint (“tacoshed”) of their favorite tacos, ... Heritage Of A Taco
Here Come the Price Controls
As Todd mentioned, the Obama Administration has released its latest plan for regulating (and mandating) health insurance. The new plan includes a novel element: the creation of a seven-member Health Insurance Rate Authority that would issue an annual schedule of “reasonable” rate increases. Increases deemed unjustified could be blocked, and insurers that imposed unjustified rate ... Here Come the Price Controls
COVID-19 Vaccines Show the Patent System Works
With the COVID-19 vaccine made by Moderna joining the one from Pfizer and BioNTech in gaining approval from the U.S. Food and Drug Administration, it should be time to celebrate the U.S. system of pharmaceutical development. The system’s incentives—notably granting patent rights to firms that invest in new and novel discoveries—have worked to an astonishing ... COVID-19 Vaccines Show the Patent System Works
