Showing results for: “price gouging”
The Bidding War for Guidant
As most are probably aware, the ongoing bidding war for medical device manufacturer Guidant (GDT) was ratcheted even higher last Tuesday when Boston Scientific (BSI) topped J&J’s most recent bid of $71 a share with an aggressive bid of $80 a share. Within nine hours of receiving BSI’s bid, GDT’s board declared it a “Superior ... The Bidding War for Guidant
Should Lexis and Westlaw License Google PageRank?
A few days ago, I proposed an analogy between blog entries and law review articles. I noted that searching the blogosphere is similar to searching the law review databases in Lexis or Westlaw in the sense that search results of both types are largely content-driven rather than reputation-based. Only relevant content, not past popularity, can ... Should Lexis and Westlaw License Google PageRank?
Google's resistance and corporate social responsibility
The government subpoenas Google’s records, and also Yahoo!’s and Microsoft’s. MSFT and YHOO cave: Their stocks are down a little over and a little under 2%, respectively. Google resists. Its stock drops almost 9%. And yet a headline for an article by MSNBC’s chief economics correspondent–with the relevant stock prices immediately alongside–notes, “Google stand could ... Google's resistance and corporate social responsibility
In international blog news
First, Joel Trachtman of Tufts’ (great and soon-to-be better) Fletcher School has started up a new international trade blog, called International Economic Law and Policy. If you know anything about international trade law and/or economics, you know Joel Trachtman and thus you know that this will be a must-read. He has been joined at the ... In international blog news
Of Prices and Price Gouging
Price gouging regulations (PGRs) have been a popular topic of late in the blogosphere, particularly in the wake of increased post-Katrina (and Rita) gasoline prices. Becker and Posner make the now familiar economic case against PGRs here and here. The basic economic argument against PGRs is well tread ground which I will not repeat here. ... Of Prices and Price Gouging
Alito and Antitrust (Part II)
A few weeks back, Josh had a nice post (on Ideoblog) regarding Judge Alito’s antitrust record. He was pretty optimistic, dismissing Judge Alito’s antitrust critics and concluding that “what little Judge Alito has written on antitrust issues is properly described as fastidious analysis complemented by strict application of doctrine.” Some of Judge Alito’s comments in ... Alito and Antitrust (Part II)
Will SCOTUS Tame the Exotic Beast?
It is a pretty exciting time in the antitrust world. This, of course, is bad news for firms. SCOTUS will decide three antitrust cases this term, each offering a promising opportunity to clarify murky doctrine or undo an erroneous application of relatively clear antitrust principles. Texaco v Dagher falls into the latter category. The bulk ... Will SCOTUS Tame the Exotic Beast?
Hello World!
Welcome to Truth on the Market. We have launched this blog to provide the metaphysical subjective truth on abstract, concrete and invisible markets throughout the civilized world (whatever that means). More specifically, as indicated by our current tagline (we know it’s unoriginal; we hope to come up with something better soon) our blog will provide ... Hello World!
