Showing results for: “FTC policy statement unfair methods of competition”
Online Display Advertising: What’s the relevant market?
Digital advertising is the economic backbone of the Internet. It allows websites and apps to monetize their userbase without having to charge them fees, while the emergence of targeted ads allows this to be accomplished affordably and with less wasted time wasted. This advertising is facilitated by intermediaries using the “adtech stack,” through which advertisers ... Online Display Advertising: What’s the relevant market?
Keith Hylton's Antitrust World Reports
Over at Antitrustworldwiki.com, Keith Hylton has a very cool wiki project compiling antitrust laws around the world. Here’s the description: AntitrustWorldWiki.com is a collaborative database covering antitrust laws around the world. Its purpose is to provide information on the key provisions of antitrust laws in a manner that enables users of this wiki to compare ... Keith Hylton's Antitrust World Reports
Interchange fees and other rules
The GAO report raises concerns about card association the level of interchange fees (that acquirers pay issuers for credit card transactions processed) but also about other card association rules such as the ‘no surcharge rule.’ That rule prevents a merchant who accepts card transactions from charging a ‘point of sale’ premium to consumers who use ... Interchange fees and other rules
Scholarship Links
Kobayashi and Ribstein on jurisdictional competition in LLCs Bainbridge on Shareholder Activism in the Obama Administration Co-blogger Thom Lambert’s review of Ribstein and O’Hara’s The Law Market Peter Leeson makes the case for bringing back the third cheer for capitalism Bill Page reviewing my own review (and Dan Crane’s) of Bob Pitofsky’s How the Chicago ... Scholarship Links
New on SSRN: Kobayashi and Ribstein on private lawmaking
The paper, with Kobayashi, is Law As A Byproduct: Theories Of Private Law Production. Here’s the abstract: Public lawmakers lack incentives to engage in a socially optimal amount of legal innovation. Private lawmaking is a potential solution to this problem. However, private lawmaking faces a dilemma: In order to be effective privately produced laws need ... New on SSRN: Kobayashi and Ribstein on private lawmaking
Mutual fund advisers’ fiduciary duties
As I discussed a couple of days ago in my post about the SEC’s moves toward imposing fiduciary duties on brokers, I have a new paper on how Congress and the courts messed up fiduciary duties in another context: Federal Misgovernance of Mutual Funds. The paper is about a Supreme Court case decided last term. ... Mutual fund advisers’ fiduciary duties
Nashville Limo Regulation
Just got an email from Mark Meranta (who I do not know) from the Institute of Justice (which I do know and which does great work) on a new case they are filing in Nashville regarding anti-competitive regulation of the limousine industry (video here. ) The law apparently mandates a minimum price for limo service ... Nashville Limo Regulation
Schumer and the decline of New York
Six years ago Henry Butler and I wrote about what we called the Sarbanes-Oxley Debacle. Well, it’s still a debacle after all these years, and having significant effects on business and international competition. Yesterday’s WSJ opined, concerning the potential NYSE/Deutsche Borse merger that whoever ends up owning the iconic trading venue, the question is whether ... Schumer and the decline of New York
Why Take Antitrust? (Fall 2010 Edition)
In what has become an annual affair, around this time of the year, I like to make the case for law students to take antitrust. Each year, the post is edited and tweaked a little bit. So, without further ado, here is this year’s edition of “Why Take Antitrust?” As the start of the new ... Why Take Antitrust? (Fall 2010 Edition)
Predatory Output Reduction?
The conventional predation claim involves a monopolist reducing price and increasing output. Here’s a creative theory involving a claim that a decision to close down factories injures competition: A federal judge in Texas is hearing testimony from farmers who contend that poultry producer Pilgrim’s Pride closed plants and ran them out of business to manipulate ... Predatory Output Reduction?
Disclosures
All of the material on our blog is the pure intellectual output of its author. It isn’t hard to tell, from a few quick searches or reads of our academic work, that we have all developed, over long periods of time, our approaches to the issues we discuss and the set of priors (we hope ... Disclosures
The Proposition 8 decision and the law market
This market/business oriented blog will only contribute a few of the zillions of words that will be written on this case. I will, of course, focus on the market aspects – that is, the market for law. I have previously discussed same sex marriage in the context of the U.S. federal system – in a ... The Proposition 8 decision and the law market
