The Archives

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

Showing results for:  “digital markets act”

Abramowicz on Prediction Markets at the VC

GW Lawprof Michael Abramowicz is guest blogging over at the Volokh Conspiracy on the virtues of prediction markets and his new book: Predictocracy.

Antitrust (Over-?)Confidence

Thom was recently invited to draft a critical response to a symposium at the Institute for Consumer Antitrust Studies on the future of single firm conduct.  The transcript from the Roundtable Discussion is available on SSRN.  Thom graciously asked me to join him in drafting a short critical piece to the symposium. It is difficult ... Antitrust (Over-?)Confidence

More on Liberals, Conservatives and Elasticities

I want to respond to some of the comments on my blog regarding whether part of the ideological difference between liberals and conservatives can be explained by their differing estimations of the elasticity of various curves. First, Thom reminds us of Posner’s idea that the difference between liberals and conservatives is that liberals think that ... More on Liberals, Conservatives and Elasticities

Conference Announcement: Merger Analysis in High Technology Markets at GMU

I am very pleased to announce the “Merger Analysis in High Technology Markets” on behalf of my colleague Tom Hazlett, myself, and the Information Economy Project of the National Center for Technology and Law. The conference will be held at George Mason University School of Law on February 1, 2008 from 8:15 am-2:30 pm. Below ... Conference Announcement: Merger Analysis in High Technology Markets at GMU

Two on SCOTUS Antitrust Cases

Courtesy of Larry Solum’s Legal Theory Blog, the following two papers have been posted on SSRN and may be of interest to our readers. First is Keith Hylton’s analysis of the Weyerhaueser decision, Weyerhaeuser, Predatory Bidding, and Error Costs.  Here is the abstract: In Weyerhaeuser v. Ross-Simmons the Supreme Court held that the predatory pricing ... Two on SCOTUS Antitrust Cases

Does Interdisciplinary Education in Law Schools Work?

The value of interdisciplinary legal education is coming up once again. This time, Brian Tamahana argues that the interdisciplinary movement is a bad idea: the notion that interdisciplinary studies within law schools promises to improve the practice of law is an old idea backed up by little evidence. Non-elite law schools might not be serving ... Does Interdisciplinary Education in Law Schools Work?

Stoneridge Securities Fraud Opinion from the Supreme Court

The Supreme Court’s opinion in Stoneridge Investment Partners v. Scientific-Atlanta was issued today.  This case involved investors in Charter Communications’ common stock who sued under Section 10(b) of the Securities Exchange Act of 1934.  The investors sued Charter’s SUPPLIERS AND CUSTOMERS, including Scientific-Atlanta and Motorola, who had entered into essentially “wash” contracts with Charter for ... Stoneridge Securities Fraud Opinion from the Supreme Court

Presidential Candidates and Antitrust

We’ve been following presidential statements on antitrust here at TOTM — mostly through press releases to the AAI (e.g. our analysis of statements from Obama and Edwards).  I’ve been largely disappointed at the lack of attention to antitrust thus far from the candidates, with virtually no statements at all from the Republican side and only ... Presidential Candidates and Antitrust

Cuomo Goes After Intel (to Get AMD Plant for NY?)

New York Attorney General Andrew Cuomo has issued a subpoena to Intel Corp. as part of an investigation into whether Intel’s discounting practices violate federal or state antitrust laws. According to Cuomo’s press release, the subpoena seeks documents and information concerning Intel’s pricing practices and possible attempt to exclude competitors through its market domination. The ... Cuomo Goes After Intel (to Get AMD Plant for NY?)

Conservatives, Liberals and the Elasticity of Demand for Voting

One of my favorite intellectual puzzles is figuring out what deep conceptual presuppositions cause some people to be conservatives, others to be liberals. That is, on a range of issues that would seem largely unrelated—say, abortion, affirmative action, and gun control—it turns that people’s positions are highly correlated. For instance, people who are pro-life tend ... Conservatives, Liberals and the Elasticity of Demand for Voting

Teaching RPM After Leegin

Back in the olden days (i.e., before this past summer), a manufacturer automatically violated the antitrust laws — no ifs, ands, or buts — if he agreed with a retailer that the latter would charge at least a minimum price for the manufacturer’s products. For reasons we elaborated ad nauseum (click and scroll down), that ... Teaching RPM After Leegin

Supreme Court Denies Cert in Antitrust Case

The Supreme Court denied cert yesterday in Truck-Rail Handling Inc. v. Burlington Northern & Sante Fe Railway Co., U.S., No. 07-693 (HT: Danny Sokol), where the 9th Circuit had affirmed summary judgment for the railroad company on the grounds that the plaintiff had not adequately defined relevant product markets. BNSF leased its terminal facilities to ... Supreme Court Denies Cert in Antitrust Case