Showing results for: “FTC policy statement unfair methods of competition”
Taxicabs in Milwaukee
I’ve often discussed the wonderful world of professional licensing beyond lawyers and its perverse effects on entrepreneurship. The posts have covered licensing of witches, horse teeth floaters, cat groomers, and tour guides. Here’s a story about taxicabs. Milwaukee allows 321 taxicabs. Almost half the licenses are owned by one person. The Institute for Justice has ... Taxicabs in Milwaukee
Law as a Byproduct in Munich
I’m off to the International conference on “Regulatory Competition in Contract Law and Dispute Resolution” at Ludwig-Maximilians-University’s Center for Advanced Studies in Munich. I’m joining an otherwise illustrious group (here’s the program) to present my and Kobayashi’s Law as a Byproduct. Blogging may be light for the next week (but eating and drinking may be ... Law as a Byproduct in Munich
Shouldn’t the Wall Street Occupiers Oppose Obamacare?
It’s hard to discern much that’s coherent — much less cogent — from the cacophony that is Occupy Wall Street, but one valid complaint continually sounds through the noise: When business interests get in bed with the government, injustice tends to result. The Wall Street Occupiers are of course focused primarily on bailed-out financial firms (though not on union favorites GM ... Shouldn’t the Wall Street Occupiers Oppose Obamacare?
Don’t Like the Texas Board of Education’s Brainwashing? There’s a Simple Solution.
Lots of liberals, such as Wall Street Journal columnist Thomas Frank and folks from the Huffington Post and People for the American’s Way’s Right Wing Watch, are all up in arms over the Texas Board of Education’s recent efforts to push Texas’s public school curriculum in a decidedly “conservative” direction. As Todd and Josh noted, ... Don’t Like the Texas Board of Education’s Brainwashing? There’s a Simple Solution.
Wal-Mart lawyers
Yesterday’s WSJ discussed Wal-Mart’s (possible) plan to dominate the industry of primary health-care clinics: Wal-Mart said in its proposal document that it is interested in offering services, including clinical care such as asthma, sleep apnea and osteoporosis monitoring, diagnostic services such as allergy and blood testing, and preventive services such as vaccinations and physical exams, ... Wal-Mart lawyers
Coke, Pepsi, Product Promotion and the Efficiencies of Vertical Integration
The soda industry is trending toward vertical integration, which Coke and Pepsi acquiring their largest bottlers. From the WSJ: Coke and PepsiCo sell concentrate to bottlers, which then bottle and distribute the soft drinks in their territories. Many of these smaller bottlers are small businesses that have been run by family members for decades and ... Coke, Pepsi, Product Promotion and the Efficiencies of Vertical Integration
An Honest Question for Obamacare Supporters
A number of opponents of Obamacare, such as Wall Street Journal columnist William McGurn, have criticized the President and his people for referring to pending proposals as “health insurance reform” rather than “health care reform.” I suppose these critics think the President is engaging in a sleight of hand in an effort to minimize the ... An Honest Question for Obamacare Supporters
Poets vs. capitalists
Eric Felten writing in yesterday’s WSJ, observes the hypocrisy of the poets who withdrew from competition for the T.S. Eliot Poetry Prize because it was funded by a financial firm. “Hedge funds are at the very pointy end of capitalism” sniffed one self-described “anti-capitalist in full-on form.” The anarchist vegan correctly observed that the funder’s ... Poets vs. capitalists
UMG-EMI Deal Is No Threat To Innovation In Music Distribution
Everyone loves to hate record labels. For years, copyright-bashers have ranted about the “Big Labels” trying to thwart new models for distributing music in terms that would make JFK assassination conspiracy theorists blush. Now they’ve turned their sites on the pending merger between Universal Music Group and EMI, insisting the deal would be bad for ... UMG-EMI Deal Is No Threat To Innovation In Music Distribution
Larry Ribstein, RIP
This morning our dear colleague, Larry Ribstein, passed away. The intellectual life of everyone who knew him, of this blog, and of the legal academy at large is deeply diminished for his passing. For me, as for many others, Larry was an important influence, not only intellectually but personally, as well. Larry was the godfather ... Larry Ribstein, RIP
Larry Ribstein, RIP
Our great friend and colleague Larry Ribstein passed away this morning. Larry will be greatly missed. As Geoff mentioned, Larry was not only the godfather of Truth on the Market, but he was also an important intellectual and personal influence for many of us — and certainly for me. I called upon Larry for career ... Larry Ribstein, RIP
Remembering Larry: My Friend, Mentee and a Great Intellect
In 1986, when I set out to develop a Law and Economics-oriented law school at George Mason University, I knew that I had a “secret weapon”, the list of about 450 law professors who had by then attended the Law and Economics Center’s Economics Institutes for Law Professors. I did not have a large budget, ... Remembering Larry: My Friend, Mentee and a Great Intellect
