Showing results for: “digital markets act”
Searching for Antitrust Remedies, Part I
This is part one of a two part series of posts in which I’ll address the problems associated with discerning an appropriate antitrust remedy to alleged search engine bias. The first problem – and part – is, of course, how we should conceptualize Google’s allegedly anticompetitive conduct; in the next part, I will address how ... Searching for Antitrust Remedies, Part I
FCC Competition Report is one green light for AT&T-T-Mobile deal
BY LARRY DOWNES AND GEOFFREY A. MANNE The FCC published in June its annual report on the state of competition in the mobile services marketplace. Under ordinary circumstances, this 300-plus page tome would sit quietly on the shelf, since, like last year’s report, it ‘‘makes no formal finding as to whether there is, or is ... FCC Competition Report is one green light for AT&T-T-Mobile deal
The SEC under judicial supervision
You may remember Rajat Gupta, the former GS and P & G director the SEC accused in a March 1 administrative order of tipping inside info to Rajatnaram. I have previously discussed the many peculiarities of that case, including the fact that the SEC chose this as the first insider trading case (and the first ... The SEC under judicial supervision
Impractical law schools
The WSJ reports today on how “some law schools are throwing out decades of tradition by replacing textbook courses with classes that teach more practical skills.” Examples from the article: IU’s courses on “project management” and “emotional intelligence;” NYLS’s courses in “negotiation, counseling and fact investigation;” W & L’s new third year curriculum replacing “lectures ... Impractical law schools
The Efficiency of Cable Bundling
As I noted in a post last month, the Ninth Circuit recently threw out an antitrust challenge to cable operators’ refusal to provide cable channels on an a la carte, rather than bundled, basis. (Josh also had some insightful comments on the Ninth Circuit’s Brantley decision.) In my post, I promised that I would later ... The Efficiency of Cable Bundling
“Argentina’s government has filed criminal charges against the managers of an economic consulting firm, escalating its persecution of independent economists.”
Some context (HT: WSJ): The criminal complaint, initiated by the Commerce Secretariat, is the harshest in a series of legal measures against economists. The credibility of Indec’s data has been questioned ever since former President Nestor Kirchner replaced longtime civil servants with political appointees in early 2007. So far this year, the Secretariat has fined ... “Argentina’s government has filed criminal charges against the managers of an economic consulting firm, escalating its persecution of independent economists.”
Morgenson’s DPA scandal
It’s not easy coming up with scandals all the time. Some days there just isn’t a new scandal to report. But that space has to get filled somehow. The NYT’s Gretchen Morgenson often finds herself in this position. Her scandal for yesterday, reported as usual with Louise Story (I’ll just start calling them Morgenstory), was about ... Morgenson’s DPA scandal
Office Superstores, Again?
FTC v. Staples is a seminal case in modern antitrust analysis of horizontal mergers. Judge Posner has described it as the economic “coming of age” of merger analysis. It is also a landmark decision in the development of unilateral effects theories. Despite the fact that Judge Hogan did not explicitly rely upon the econometric evidence ... Office Superstores, Again?
Banning Executives
From the WSJ: The Department of Health and Human Services this month notified Howard Solomon of Forest Laboratories Inc. that it intends to exclude him from doing business with the federal government. This, in turn, could prevent Forest from selling its drugs to Medicare, Medicaid and the Veterans Administration. If the government implements its ban, ... Banning Executives
DSK and media bias
Bret Stephens wonders why he and fellow journalists ignored the fact that “[a]lmost from the beginning, there was something amiss in the case of People v. Dominique Strauss-Kahn.” He speculates: I did enjoy the thought of this mandarin of the tax-exemptocracy being pulled from the comfort of his first-class Air France seat and dispatched to ... DSK and media bias
The next Silicon Valley?
Don’t laugh. It’s got a major international airport, cheap housing, major league sports and culture. It’s close to a world class university, great natural areas and another country. The urban pioneers who enriched other cities are increasingly priced out of them, and are mobile. State and local politicians must actually improve the place in order ... The next Silicon Valley?
Scandal of the day: a businessman in Congress
The NYT reports on a new scandal it’s discovered. Mike Thompson lives in St. Helena, California and represents it in Congress. Now, I recently spent three days in St. Helena so I can testify to what you see when you go there: grapes (at the left is the view I woke up to every day). ... Scandal of the day: a businessman in Congress
