Showing results for: “digital markets act”
The Future of Law and Economics Part 2: Mathematics, Retailing L&E, and Detachment
In my previous post, I sketched out some trends in the Law & Economics movement in recent years. Specifically, I’ve focused on the trends towards increasing mathematical formality and specialization within economics as a stand alone discipline. The post triggered some thoughtful responses from Larry Solum and Larry Ribstein for which I am grateful. I ... The Future of Law and Economics Part 2: Mathematics, Retailing L&E, and Detachment
The Future of Law and Economics, Part 1
I’m very interested in the history, the present, and the future of the law and economics methodology and movement. Recently, I’ve been giving some thought to the direction of the movement, especially as it currently exists in the legal academy. Some of my thinking has been inspired by this post from Larry Ribstein, the comments ... The Future of Law and Economics, Part 1
Happy 94th Birthday Armen Alchian!
I wrote this brief post awhile back, and forgot to post it on April 12th, Armen’s 94th birthday. I’m late. But better late then never they say. On Armen Alchian’s 94th birthday, it seems appropriate to reflect on some of his contributions to economics and economic analysis of the law. Armen has been described as ... Happy 94th Birthday Armen Alchian!
Some Economics Links
James Pethokoukis at US News reports on interviews with chief economic advisers Austan Goolsbee and Douglas Holtz-Eakin. Brian Leiter is pleased to point out a study showing that while both groups are in the top 3, Philosophy majors outperform Economics majors on the LSAT. Leiter also gets in a playful dig, noting that the study ... Some Economics Links
Big Antitrust News: Rambus Overturned
The D.C. Circuit’s opinion is available here. Here is one of the key passages explaining the D.C. Circuit’s logic: To the extent that the ruling (which simply reversed a grant of dismissal) rested on the argument that deceit lured the SSO away from non-proprietary technology, see id., it cannot help the Commission in view of ... Big Antitrust News: Rambus Overturned
The "New" Issue of JLE is Online
The new issue of the Journal of Law & Economics is available online. This is an exciting development for me because the issue includes my paper with Ben Klein on The Economics of Slotting Contracts (SSRN version available here), and because it has been a very long wait to see the paper in final form ... The "New" Issue of JLE is Online
The Economics of Post-Merger Product Repositioning
Amit Gandhi, Luke Froeb, Steven Tschantz and Gregory Werden have published “Post-Merger Product Repositioning” in the Journal of Industrial Economics. (HT: Luke). The critical insight is that the conventional unilateral effect incentive to raise prices post-merger is offset by the incentive to “separate” in product space. Here is the abstract: This paper analyzes the effects ... The Economics of Post-Merger Product Repositioning
"Leegin is a triumph of pragmatism"
That is what Judge Posner has to say about Leegin in his new book, How Judges Think. I’m only a few chapters in, but so far, its a fascinating read. I’ll probably blog some more about parts of the book later. In particular, I’ve been thinking recently about how the complexity of substantive antitrust analysis ... "Leegin is a triumph of pragmatism"
GE "Slashes" Earnings: Free Advice from Nowicki for GE Exec. Jeffrey Immelt!
The Financial Times reported yesterday that an embarrassed GE CEO Jeffrey Immelt had to tell GE shareholders that the 10% growth in earnings for 2008 that he had promised analysts in March was not going to be possible. GE missed its quarterly forecasts and halved its 2008 forecast to 5% growth in earnings (as opposed ... GE "Slashes" Earnings: Free Advice from Nowicki for GE Exec. Jeffrey Immelt!
Searle Center Call for Antitrust Papers
Northwestern University School of Law’s Searle Center on Law, Regulation and Economic Growth will be holding a conference on Antitrust Economics and Competition Policy on September 26-27th. From the Call for Papers: The goal of this Research Symposium is to provide a forum where leading scholars from across the country can gather together with Northwestern’s ... Searle Center Call for Antitrust Papers
Merger Agreements, “Material Adverse Changes,” and Delaware Vice Chancellor Leo Strine’s Obsession With Keira Knightley
I am blogging today from the Tulane Corporate Law Institute, here in New Orleans, at the stunning Westin Hotel. I am set to appear on the Private Equity panel tomorrow, where I will talk about, among other things, the implications of 2007’s string of failed private equity deals. In preparation for this conference, I drafted a ... Merger Agreements, “Material Adverse Changes,” and Delaware Vice Chancellor Leo Strine’s Obsession With Keira Knightley
Some Thoughts on the Nacchio Decision and Insider Trading
On the flight back from my spring break ski trip, I had a chance to read the recent Tenth Circuit opinion reversing the insider trading conviction of former Qwest CEO, Joseph Nacchio. Mr. Nacchio had been convicted of 19 counts of insider trading, sentenced to six years in prison (plus two years’ supervised release), fined ... Some Thoughts on the Nacchio Decision and Insider Trading
