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The collection of all scholarly commentary on law, economics, and more

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Options Have Value, Even If DOT Doesn’t Get It

Last week Thom posted about the government’s attempt to hide the cost of taxes and regulatory fees in commercial airfares. Apparently Spirit Airlines is highlighting another government-imposed cost of doing business by advertising a new $2/ticket fee that the airline has imposed. According a CNN report yesterday: Spirit Airlines says a new federal regulation aimed ... Options Have Value, Even If DOT Doesn’t Get It

Wright v. Rule at Columbia Law on Google and Antitrust

Charles (“Rick”) Rule, who represents Microsoft and is the head of the antitrust practice at Cadwalader, Wickersham & Taft LLP, and I had an opportunity to debate the various antitrust issues involving Google and its search engine on last week.  I didn’t have much of a chance to report here on the blog over the ... Wright v. Rule at Columbia Law on Google and Antitrust

Competition for the Field on the Internet

Keith Woolcock (Time Business) offers an interesting perspective on what economists would describe as “competition for the field” between Apple, Facebook, Google, and Facebook.  It gives a good sense of the many dimensions of competition upon which these firms compete. The upcoming IPO of Facebook, the flak surrounding Twitter’s decision to censor some tweets, and Google’s weaker-than-expected 4th-quarter ... Competition for the Field on the Internet

FTC Closes UFC Investigation

Sports Illustrated: The Federal Trade Commission has concluded and closed a six-month, nonpublic investigation of Zuffa LLC., the owners of the Ultimate Fighting Championship, and will not take further action at this time, an FTC spokesperson confirmed to SI.com on Tuesday. According to closing letters to parties involved that were made public Tuesday, the FTC ... FTC Closes UFC Investigation

New Study Links Wireless Adoption to Jobs: It’s All About the Spectrum (and Siri)

Economists recognize that the source of sustainable, private-sector jobs is investment. Due to measurement problems with investment data, however, it is sometimes easier to link a byproduct of investment—namely, adoption of the technology made possible by the investment—to job creation. This is precisely what economists Rob Shapiro and Kevin Hassett have done in their new ... New Study Links Wireless Adoption to Jobs: It’s All About the Spectrum (and Siri)

Some Antitrust Links

Commissioner Rosch makes the case for cert in FTC v. Lundbeck Will Bill Baer (Arnold & Porter) replace Sharis Pozen at DOJ?  (Bloomberg) Private suits follow as the FTC consent decree in Pool Corp “has spawned a batch of lawsuits in California, Louisiana and Florida over allegations that the company’s tactics drove up prices, stifled ... Some Antitrust Links

FTC Mobile Payments Workshop on April 26, 2012

The Federal Trade Commission conference announcement is below; note that public comments on the date of the conference.  This is an important space and should attract some excellent speakers.  The topics suggest a greater focus on consumer protection than competition issues.  Here is the announcement: The Federal Trade Commission will host a workshop on April ... FTC Mobile Payments Workshop on April 26, 2012

Privacy Interview

I was recently interview about privacy on the BBC Online Magazine by Kate Dailey.  Here is the interview: Magazine 26 January 2012 Last updated at 13:11 ET Could Google’s data hoarding be good for you? By Kate Dailey BBC News Magazine Google’s announcement that is now tracking users’ web movements has upset privacy advocates. But ... Privacy Interview

“Protecting” Consumers from the Truth About the Cost of Government

A new rule kicks in today requiring airlines to include all taxes and mandatory fees in their advertised fares.  The rule, part of a broader “passengers’ bill of rights”-type regulation promulgated by the Department of Transportation, is being sold as a proconsumer mandate:  It purportedly protects consumers from the sticker shock that results when they ... “Protecting” Consumers from the Truth About the Cost of Government

Privacy in Europe

The EU is apparently thinking of adopting common and highly restrictive privacy standards which would make use of information by firms much more difficult and would require, for example, that data be retained only as long as necessary.  This is touted as pro-consumer legislation.  However, the effects would be profoundly anti-consumer.  For one thing, ads ... Privacy in Europe

Call for Papers for the Haas-Sloan Conference on the Law & Economics of Organization

Haas-Sloan Conference on  The Law & Economics of Organization: New Challenges and Directions Nov. 30-Dec. 1, 2012 The Walter A. Haas School of Business, with support from the Alfred P. Sloan Foundation, is issuing a call for original research papers to be presented at the Conference on The Law & Economics of Organization: New Challenges ... Call for Papers for the Haas-Sloan Conference on the Law & Economics of Organization

Stan Liebowitz on Piracy and Music Sales

Stan Liebowitz (UT-Dallas) offers a characteristically thoughtful and provocative op-ed in the WSJ today commenting on SOPA and the Protect IP Act.  Here’s an excerpt: You may have noticed last Wednesday’s blackout of Wikipedia or Google’s strange blindfolded-logo screen. These were attempts to kill the Protect IP Act and the Stop Online Piracy Act, proposed ... Stan Liebowitz on Piracy and Music Sales