Showing results for: “digital markets act”
Exclusion and the BCS
Every year around this time—around week 10 of college football season—we are reminded of the inequity of the Bowl Championship Series (BCS) system. Instead of permitting an open playoff system to determine the college football champion, as is done by most other NCAA sports including Division II football since 1973, and more famously, NCAA basketball, ... Exclusion and the BCS
Law firms’ competition
The biggest competition for law firms is not other law firms but in-house counsel. So reports the ABAJ. I make a similar point in a paper I’m presenting at a University of Wisconsin program next week. There are two reasons for this: pressures on firms to reduce fees, and law’s information revolution which is reducing ... Law firms’ competition
Abolishing corporate personhood
Since the day it was handed down, Citizens United has been a kind of political flypaper for bad laws. The first dead bugs sought to exploit the decision’s caveats by targeting disclosure and shareholder approval (the Shareholder Protection Act, critized here) and prohibiting political expenditures by government contractors (the Disclose Act). More recently, CU-haters are ... Abolishing corporate personhood
Iowa University Prediction Markets
These things continue to fascinate me and provide lots of opportunity for procrastination. The Iowa University Prediction Market IEM has a new update on the Republican presidential primary: Romney Leads the Iowa Electronic Markets October 26, 2011 | The Iowa Independent by: Lynda Waddington The value of the former Massachusetts governor continues to rise above ... Iowa University Prediction Markets
My New Empirical Study on Defining and Measuring Search Bias
Tomorrow is the deadline for Eric Schmidt to send his replies to the Senate Judiciary Committee’s follow up questions from his appearance at a hearing on Google antitrust issues last month. At the hearing, not surprisingly, search neutrality was a hot topic, with representatives from the likes of Yelp and Nextag, as well as Expedia’s ... My New Empirical Study on Defining and Measuring Search Bias
Long-Term Research Agendas in Economics (and Law and Economics?)
The NSF has posted responses to its call for “Long-Term Research Agendas.” HT: Peter Klein. The entire set is available here. Here’s the description: This is a compendium of fifty-four papers written by distinguished economists in response to an invitation by the National Science Foundation’s Directorate for the Social, Behavioral and Economic Sciences (NSF/SBE) to ... Long-Term Research Agendas in Economics (and Law and Economics?)
Was the Whirlpool/Maytag Merger Anticompetitive After All?
One of the most controversial merger policy decisions during the Bush administration was the DOJ’s failure to bring a complaint against the Whirlpool/Maytag merger. Indeed, the decision was even criticized by Carl Shapiro, the economic expert retained by the DOJ on the case. Jonathan Baker and Carl Shapiro summarize this conclusion as follows: “The March ... Was the Whirlpool/Maytag Merger Anticompetitive After All?
Crisis in legal education or business cycle?
Bill Henderson vs. Orin Kerr (in comments, with reply by Henderson). HT Leiter. Henderson: U.S. Legal Education is in the midst of a large, structural transformation. This structural shift is driven by a confluence of factors, which includes three significant trends: The decline, or plateau, of the traditional time and materials legal services model The ... Crisis in legal education or business cycle?
World Series Meltdown, Moneyball, and Ron Washington
Watching my baseball team get eliminated from the World Series was hard to swallow. Watching it happen two years in a row was worse. And watching a manager make critical mistakes when a championship was on the line in Game 6 was beyond the pale. As endearing as Ron Washington is to watch during a ... World Series Meltdown, Moneyball, and Ron Washington
Welcome Baby 7B!
According to the United Nations, sometime around Halloween a newborn baby will push the world’s population above seven billion people. Welcome to our spectacular planet, Little One! I should warn you that not everyone will greet your arrival as enthusiastically as I. A great many smart folks on our planet—especially highly educated people in rich ... Welcome Baby 7B!
10th Annual International Industrial Organization Conference at GMU Law March 2012
The 10th Annual International Industrial Organization Conference will be held at GMU Law in Arlington, VA March 16-18, 2012. Along with Chris Adams (FTC), and the Program Committee, I am helping out with some of the local organization. For those interested in antitrust and regulatory issues specifically, or IO economics more generally, this is a ... 10th Annual International Industrial Organization Conference at GMU Law March 2012
The NYT on non-lawyer-financed law firms
The NYT has finally caught onto non-lawyer financing of law firms, and specifically the possibility of Wal-Mart lawyers, now being ushered in by England’s new Legal Services Act. As the article notes, “[s]uch a move could upend the industry’s stiff adherence to the partnership system in favor of full-fledged corporations that have access to the ... The NYT on non-lawyer-financed law firms
