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Divining a Regulatorโs Intent
Regulated firms and their Washington lawyers study agency reports and public statements carefully to figure out the rules of the road; the clearer the rules, the easier it is for regulated firms to understand how the rules affect their businesses and to plan accordingly. So long as the regulator and the regulated firm are on ... Divining a Regulatorโs Intent
Macey on Anticapitalist Claptrap, Private Equity, and Politics
Jonathan Macey (Yale) defends private equity against nonsensical attacks from Newt Gingrich, Jon Huntsman and others (Rick Perry is spared by Macey, but not by Bainbridge) in today’s Wall Street Journal: Mitt Romney’s candidacy is subjecting the entire private-equity industry—where Mr. Romney spent most of his business career—to vicious attacks by journalists and several of ... Macey on Anticapitalist Claptrap, Private Equity, and Politics
Olin-Searle-Smith Fellows in Law
I am pleased to pass along the following information regarding Olin-Smith-Searle Fellowships for the upcoming 2012-13 academic year. The application deadline is March 15, 2012. 2012 – 2013 The Program The Olin-Searle-Smith Fellows in Law program will offer top young legal thinkers the opportunity to spend a year working full time on writing and developing their ... Olin-Searle-Smith Fellows in Law
Fed should stay out of Google/Twitter social search spat
As has become customary with just about every new product announcement by Google these days, the company’s introduction on Tuesday of its new “Search, plus Your World” (SPYW) program, which aims to incorporate a user’s Google+ content into her organic search results, has met with cries of antitrust foul play. All the usual blustering and ... Fed should stay out of Google/Twitter social search spat
GMU Law Review Symposium on High-Tech Antitrust on January 26th
I am very pleased to pass along this information about the 15th Annual Symposium on Antitrust Law on January 26th, 2012 sponsored by the George Mason Law Review, GMU Law & Economics Center, and Kelley Drye & Warren LLP. The George Mason Law Review, in partnership with the George Mason University Law & Economics ... GMU Law Review Symposium on High-Tech Antitrust on January 26th
Can Profit-Maximizing Enterprises Systematically Leave Money on the Table? The Curious Case of the BCS
For years the public has been clamoring for a playoff system to crown a champion in college football. Yet the geniuses at the BCS stubbornly defended—at least until now—their computer-knows-best system for inviting the two most worthy teams. By injecting doubt over the legitimacy of its invitees, the current system diminishes the meaning of the ... Can Profit-Maximizing Enterprises Systematically Leave Money on the Table? The Curious Case of the BCS
Social Search, Efficiencies of Integration, and Antitrust
The web is all abuzz about possible antitrust implications concerning Google’s new personalized search (see, e.g., here and here), integrating search with Google Plus. Here is Google’s description of “Search, plus Your World”: We’re transforming Google into a search engine that understands not only content, but also people and relationships. We began this transformation with ... Social Search, Efficiencies of Integration, and Antitrust
The Economics of Being Able to Fire People Who Provide Me Services
Via Professor Bainbridge, I read today about the nonsense surrounding Mitt Romney enjoying firing people. I’m late to the this one, but here is the quote in context for anybody who missed it: “I want individuals to have their own insurance,” he said. “That means the insurance company will have an incentive to keep you ... The Economics of Being Able to Fire People Who Provide Me Services
Research Bleg: Competition Settlements With Conditions (Arguably) Contrary to Consumer Welfare
Judge Ginsburg and I are working on a project for an upcoming festschrift in honor of Bill Kovacic. The project involves the role of settlements in the pursuit of the goals of antitrust. In particular, we are looking for examples of antitrust settlements between competition agencies and private parties — in the U.S. or internationally ... Research Bleg: Competition Settlements With Conditions (Arguably) Contrary to Consumer Welfare
The Administrationโs Rigorous Defense of the Affordable Care Act
In yesterday’s Washington Post, Health and Human Services Secretary Kathleen Sebelius makes an impassioned plea for skeptics to reconsider the Affordable Care Act. Secretary Sebelius argues that the Act will bring down health care costs by, among other things, assisting those who cannot afford health insurance coverage. Although expanding health insurance coverage is a worthy ... The Administrationโs Rigorous Defense of the Affordable Care Act
AEA Issues New Disclosure Guidelines for Economists
Here they are: 1) Every submitted article should state the sources of financial support for the particular research it describes. If none, that fact should be stated. (2) Each author of a submitted article should identify each interested party from whom he or she has received significant financial support, summing to at least $10,000 in ... AEA Issues New Disclosure Guidelines for Economists
Tomorrow: AALS Antitrust and Economic Regulation and Law and Economics Joint Program
Tomorrow morning at 10:30 I’ll be on a panel at AALS discussing behavioral economics and antitrust law and policy. The panel includes: James Cooper, Bruce Kobayashi, William Kovacic, Steve Salop, Maurice Stucke, Avishalom Tor and myself. Its a really good group and I’m looking forward to the discussion. Here are the session details: The program ... Tomorrow: AALS Antitrust and Economic Regulation and Law and Economics Joint Program
