Showing results for: “digital markets act”
Neo-Chicago Meets Evidence-Based Antitrust
Dan Crane has an excellent essay (“Chicago, Post-Chicago and Neo-Chicago“) reviewing Bob Pitofsky’s Overshot the Mark volume. Here’s Dan’s brief abstract: This essay reviews Bob Pitofsky’s 2008 essay compilation, How Chicago Overshot the Mark: The Effect of Conservative Economic Analysis on U.S. Antitrust. The essay critically evaluates the book’s rough handling of the Chicago School ... Neo-Chicago Meets Evidence-Based Antitrust
Section 2 Symposium: David Evans–An Economist’s View
The treatment of unilateral conduct remains an intellectual and policy mess as we finish out the first decade of the 21st century. There were signs of hope a few years ago. The European Commission embarked on an effort to adopt an effects-based approach to unilateral conduct and to move away from the analytically-empty, object-based approach ... Section 2 Symposium: David Evans–An Economist’s View
Section 2 Symposium: Keith Hylton–An Economist’s View
The “error cost” or “decision theory” approach to Section 2 legal standards emphasizes the probabilities and costs of errors in monopolization decisions. Two types of error, and two associated types of cost are examined. One type of error is that of a false acquittal, or false negative. The other type of error is that of ... Section 2 Symposium: Keith Hylton–An Economist’s View
Section 2 Symposium: Bill Kolasky on a Stepwise Rule of Reason for Exclusionary Conduct
The most controversial part of the Justice Department’s Single Firm Conduct Report is the Department’s proposed use of what it terms a “substantial disproportionality” test for exclusionary conduct. Under this test, the Justice Department would bring a case only if the harm to consumers and competition caused by a dominant or near-dominant firm’s conduct is ... Section 2 Symposium: Bill Kolasky on a Stepwise Rule of Reason for Exclusionary Conduct
George W. Bush's stinky parting gift
Bush has proved himself to be a statist, protectionist ignoramus on many occasions. But this, one of his final acts in office, is simply appalling: People in the southern French district of Lozeyron are having a hard time swallowing US President George W. Bush’s parting gift: a tripling to 300 percent in import duty on ... George W. Bush's stinky parting gift
Dealer protectionism in New Jersey
Last summer I blogged here at TOTM about the protectionist statutes designed to preempt direct distribution of Tesla cars that are proliferating around the country. This week, New Jersey’s Motor Vehicle Commission voted to add New Jersey to the list of states bowing to the politically powerful car dealers’ lobby. Yesterday, I was on Bloomberg’s ... Dealer protectionism in New Jersey
Announcement: TOTM Merger Guidelines Blog Symposium is Coming!
In light of the DOJ/FTC announcement of workshops to explore possible revisions to the Merger Guidelines in December 2009 and January 2010, TOTM is organizing a symposium on the legal and economic issues associated with the Guidelines. In particular, we’ve asked a panel of a dozen or so of the leading antitrust lawyers and economists ... Announcement: TOTM Merger Guidelines Blog Symposium is Coming!
Searle Center Events this Fall
Northwestern University’s Searle Center on Law, Regulation and Economic Growth is one of the most intellectually interesting and active centers for law and economics around. Here’s a lineup of research roundtables and conferences scheduled for this fall. I’ll be lucky enough to be a Visiting Fellow at the Searle Center for a week this September, ... Searle Center Events this Fall
Antitrust Week in Chicago
Speaking of law and economics in Chicago, its the place to be for antitrust next week. On Thursday, the FTC at 100 series will continue at Northwestern University School of Law where I’ll be on a panel discussing the FTC’s competition mission after lunch along with Thomas Campbell, Randy Picker, and Robert Pratt. The antitrust ... Antitrust Week in Chicago
Heritage Foundation January 29 Conference on Obama Administration Antitrust Enforcement Record
During the 2008 presidential campaign Barack Obama criticized the Bush Administration for “the weakest record of antitrust enforcement of any administration in the last half century” and promised “to reinvigorate antitrust enforcement.” In particular, he singled out allegedly lax monopolization and merger enforcement as areas needing improvement, and also vowed “aggressive action to curb the ... Heritage Foundation January 29 Conference on Obama Administration Antitrust Enforcement Record
Best Paper Title at CELS?
Unfortunately, I’m missing this year’s Conference on Empirical Legal Studies at Cornell. But I spent the morning skimming the program and came across the following from Ilya Beylin & Anup Malani: Finding Love in the Wreckage: Estimating Spousal Altruism with Data on Fatal Car Accidents. Here is a link to the SSRN version and here ... Best Paper Title at CELS?
A High Profile Test Case for the Chinese Antimonopoly Law
Coca-Cola and China’s Huiyuan Juice Group Ltd $2.4 billion deal looks like it is set to be the first major merger test for the China’s new AML. This WSJ story gives some sense of market shares and potential market definition issues: Defining the market could be tricky. According to Merrill Lynch analysts, Coca-Cola will control ... A High Profile Test Case for the Chinese Antimonopoly Law
