Showing results for: “digital markets act”
A $66.5 Million Math Error?
Wow…: GSA officials were asked recently to reassess the total cost of donated items in what the agency called a routine audit. “In doing so, it was determined that some of the unit costs were ‘eaches’ and others were ‘for-case’ lots. The final adjustments reveal there was a significant overstatement in the total asset valuation,” ... A $66.5 Million Math Error?
Section 230 & Gonzalez: Algorithmic Recommendations Are Immune
In our previous post on Gonzalez v. Google LLC, which will come before the U.S. Supreme Court for oral arguments Feb. 21, Kristian Stout and I argued that, while the U.S. Justice Department (DOJ) got the general analysis right (looking to Roommates.com as the framework for exceptions to the general protections of Section 230), they ... Section 230 & Gonzalez: Algorithmic Recommendations Are Immune
Bainbridge on Diversity at UCI Law School
Professor Bainbridge sees an interesting tension in the successful initial hiring at the UCI Law faculty: Liberals like Chemerinsky say that affirmative action is necessary so that a school can “look like” the community it serves. In this case, however, it seems to be okay with just about everybody that Chemerinsky’s law school doesn’t reflect ... Bainbridge on Diversity at UCI Law School
Recommended Antitrust Reading for the Next Administration
The August issue of the Antitrust Source will feature several short contributions from lawyers, judges, professors, and economists in the antitrust community suggesting some recommended reading (a book, scholarly article, or judicial opinion) for the transition team members of the new administration. A preview of my submission appears below the fold:
Baker on Market Concentration and Horizontal Mergers
Jonathan Baker (American University) has posted Market Concentration in the Antitrust Analysis of Horizontal Mergers to SSRN. Baker’s article is another of the entries which will be appearing in the forthcoming Antitrust Law and Economics volume edited by Keith Hylton (Elgar Publishing) (see this post for links to others). Here is the abstract: This handbook ... Baker on Market Concentration and Horizontal Mergers
When Bad Antitrust Costs Lives: The Illumina/GRAIL Tragedy
Regrettably, but not unexpectedly, the Federal Trade Commission (FTC) yesterday threw out a reasoned decision by its administrative law judge and ordered DNA-sequencing provider Illumina Inc. to divest GRAIL Inc., makers of a multi-cancer early detection (MCED) test. The FTC claims that this vertical merger would stifle competition and innovation in the U.S. market for ... When Bad Antitrust Costs Lives: The Illumina/GRAIL Tragedy
Searle Center Events this Fall
Northwestern University’s Searle Center on Law, Regulation and Economic Growth is one of the most intellectually interesting and active centers for law and economics around. Here’s a lineup of research roundtables and conferences scheduled for this fall. I’ll be lucky enough to be a Visiting Fellow at the Searle Center for a week this September, ... Searle Center Events this Fall
Cross-Price Elasticity of Demand, Diddy Edition
It’s not quite a bump in scooter sales or farmers switching from tractors to mules in response to rising gasoline prices: The hip-hop mogul said he is now flying on commercial airlines instead of in private jets, which Combs said had previously cost him $200,000 and up for a roundtrip between New York and Los ... Cross-Price Elasticity of Demand, Diddy Edition
The Price of Gas in Antlers, OK
From the DOJ: A federal grand jury in Oklahoma returned a one-count indictment today charging Kwik-Chek Food Stores Inc., a Texas-based convenience store company, and one of its agents, Jarrod “Judd” Thomas, with conspiring to fix the price of retail gasoline and diesel fuel sold in Antlers, Okla. The indictment, filed today in the U.S. ... The Price of Gas in Antlers, OK
The Fed’s Bail-out of AIG and Shareholder Equity
The Federal Reserve Bank of New York’s announcement of an $85 billion bail-out of AIG came as a shock to many of us, and the precise terms of the lending agreement underlying the bail-out are still unclear. In an e-mail to the BIZLAW listserv, Professor Bainbridge rightly queried how AIG could have offered the Fed ... The Fed’s Bail-out of AIG and Shareholder Equity
Cartel Enforcement and the Election
From an excellent short article by Dan McInnis (Akin Gump) on the potential impact of the election on cartel policy in Global Competition Policy: Antitrust policy has played little role in the election. Indeed, at least for cartel policy, there may be little to differentiate the candidates. Given that both U.S. political parties as well ... Cartel Enforcement and the Election
Now that the Bailout Has Failed, How About Bebchuk’s Plan?
I’ve avoided saying anything at all about the bailout because (1) I’m not an expert on banking, finance, etc. and (2) events are moving so fast I can’t keep up with the latest proposal. Nonetheless, since the bailout bill has just failed, this might be an opportune time to consider an alternative to the plan ... Now that the Bailout Has Failed, How About Bebchuk’s Plan?
