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FTC at 100 Online Forum
We’ve mentioned the FTC at 100 self-assessment project before. The FTC at 100 home page is available here and has links to webcasts and other relevant material. The webcast of the July Washington DC event is already up. The next scheduled events are in Chicago at Northwestern University in September and Boston in October. Another ... FTC at 100 Online Forum
Some Links
Some blog posts I’ve been reading: Professor Bainbridge makes a lot of sense on the case against the Socratic Method in law teaching (so does Gordon Smith). By the way (and the Professor probably does not remember this), but he also gave me very good advice when I went on the job market in 2004. ... Some Links
Life After Dr. Miles
An article in today’s WSJ, Price-Fixing Makes Comeback After Supreme Court Ruling, reports that minimum resale price maintenance (i.e., the setting of minimum retail prices by product manufacturers) is increasing in light of last summer’s Leegin decision. That’s great news for me, because I’ve spent most of the summer cranking out an article on how ... Life After Dr. Miles
Why Antitrust?
As the start of the new academic year inches closer, and students are deciding what courses to take, I thought I’d give a little plug to antitrust law. I’ve seen enrollment in antitrust courses vary dramatically over the past 10 years or so since I was a student and now as a professor. I certainly ... Why Antitrust?
Optimal Regulatory Design, Fragmentation, and Abolition
In response to my post about the optimal institutional design for merger enforcement and the problems associated with dual federal enforcement, a reader points me to this related paper by Jon Klick, Francesco Parisi, and Norbert Schulz in the International Review of Law and Economics which models alternatives for allocating decision-making across multiple agencies. One ... Optimal Regulatory Design, Fragmentation, and Abolition
International Antitrust Explosion in the FT
Financial Times (HT: Danny Sokol) highlights the problem of multi-jurisdictional antitrust enforcement, emphasizing the rise of India and China. The article repeats the basic point, worth repeating, that international cooperation can help avoid bad outcomes with multiple regulatory stakeholders with different incentives and institutional environments: That is not a criticism of the new competition rules ... International Antitrust Explosion in the FT
Corporate Assassinations and Antitrust
Over at Overcoming Bias, they are asking the following question: Given how little it seems to cost to have someone killed, why don’t more corporations have their competitors’ leaders knocked off? There are interesting answers in the comments suggesting that perhaps these killings or rival firms’ leaders are more common or more costly than commonly ... Corporate Assassinations and Antitrust
Antitrust Survey
Danny Sokol is conducting a survey of private practitioners for an empirical project examining how antitrust law shapes compliance. The survey is here.
More Milton Friedman Institute Commentary
While much has been said about the recent Milton Friedman Institute scuffle at the University of Chicago (including here at TOTM here), Chicago GSB Professor John Cochrane’s scathing comments on the original Protest letter have stirred up some additional commentary worth reading. In particular, Craig Newmark (who adds the new fact that apparently the Protest ... More Milton Friedman Institute Commentary
The Price of Merger Approval and Triple Federal Enforcement
Geoff and Thom (see the comments) continue to have the Whole Foods litigation covered. I don’t and can’t have anything to add to their comments about the particulars of the litigation. I will note, playing off my previous post on bad case law out there looking to be overturned, that there is significant demand for ... The Price of Merger Approval and Triple Federal Enforcement
The unfortunate return of the "strange, red-haired, bearded, one-eyed, man with a limp"
The DC Circuit has reversed the district court in the Whole Foods case. The opinion is here. [HT: Danny Sokol] As regular readers know, we have covered this case extensively on this blog, including most recently this great, lengthy post from Thom on the proper standard of review. I wouldn’t be surprised if Thom is disappointed with the ... The unfortunate return of the "strange, red-haired, bearded, one-eyed, man with a limp"
Say on Pay in the UK
An interesting new paper by Ferri and Maber entitled Say on Pay Vote and CEO Compensation: Evidence from the UK has recently been posted on SSRN. Here’s the abstract: In this study, we examine the effect on CEO pay of new legislation introduced in the United Kingdom (UK) at the end of 2002 that requires ... Say on Pay in the UK
