Showing results for: “price gouging”
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
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
Antitrust Fallacies of Fact and Theory
Steve Hurwitz as a characteristically thoughtful and provocative post over at Austrian Economists on identifying the most dangerous fallacies of fact and theory in economics that a reasonably informed layperson would believe. Steve’s nominations are that the average person believes that the “economic well-being of the average American is on the decline” (fallacy of fact) ... Antitrust Fallacies of Fact and Theory
Life After Dr. Miles
An article in today’s WSJ, Price-Fixing Makes Comeback After Supreme Court Ruling, reports that minimum resale price maintenance (i.e., the setting of minimum retail prices by product manufacturers) is increasing in light of last summer’s Leegin decision. That’s great news for me, because I’ve spent most of the summer cranking out an article on how ... Life After Dr. Miles
Why Antitrust?
As the start of the new academic year inches closer, and students are deciding what courses to take, I thought I’d give a little plug to antitrust law. I’ve seen enrollment in antitrust courses vary dramatically over the past 10 years or so since I was a student and now as a professor. I certainly ... Why Antitrust?
Corporate Assassinations and Antitrust
Over at Overcoming Bias, they are asking the following question: Given how little it seems to cost to have someone killed, why don’t more corporations have their competitors’ leaders knocked off? There are interesting answers in the comments suggesting that perhaps these killings or rival firms’ leaders are more common or more costly than commonly ... Corporate Assassinations and Antitrust
The Price of Merger Approval and Triple Federal Enforcement
Geoff and Thom (see the comments) continue to have the Whole Foods litigation covered. I don’t and can’t have anything to add to their comments about the particulars of the litigation. I will note, playing off my previous post on bad case law out there looking to be overturned, that there is significant demand for ... The Price of Merger Approval and Triple Federal Enforcement
The unfortunate return of the "strange, red-haired, bearded, one-eyed, man with a limp"
The DC Circuit has reversed the district court in the Whole Foods case. The opinion is here. [HT: Danny Sokol] As regular readers know, we have covered this case extensively on this blog, including most recently this great, lengthy post from Thom on the proper standard of review. I wouldn’t be surprised if Thom is disappointed with the ... The unfortunate return of the "strange, red-haired, bearded, one-eyed, man with a limp"
What is the Worst Antitrust Decision That is Good Law?
There’s been a bit of discussion about the “most destructive” decision that is good law around the blogs, e.g. here and here, in response to John McCain’s criticism of Boumedine calling it “one of the worst decisions in the history of this country.” The line of discussion led me to think about the titular question. ... What is the Worst Antitrust Decision That is Good Law?
A Few Thoughts on Privacy and Antitrust
In the comments to this post, Peter Swire (Ohio State) points to some recent comments (see also here and here) he submitted to the Federal Trade Commission on how to incorporate privacy into conventional antitrust analysis. The privacy and antitrust link appears to be something that will receive quite a bit of attention in the ... A Few Thoughts on Privacy and Antitrust
Commissioner Rosch on the (Smaller?) Role of Economists in Antitrust Litigation
From FTC Commissioner Rosch: Personally, I think simulation analyses and indeed any kind of economic analyses that require the use of mathematical formulae are of little persuasive value in the courtroom setting. When I see an economic formula my eyes start to glaze over, and if the formula uses Greek letters I tend to think ... Commissioner Rosch on the (Smaller?) Role of Economists in Antitrust Litigation
Harvard v. Chicago on Vertical Restraints
In a new article in the June 2008 issue of Antitrust Source, Howard Marvel discusses what the rule of reason could and should look like in the Post-Leegin world as well as the different proposals to a rule of reason approach articulated by the states and the FTC in the recent Nine West consent order ... Harvard v. Chicago on Vertical Restraints
