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Showing results for:  “digital markets act”

Thank You for Smoking — And (Another) Shameless Plug

I went to see Thank You for Smoking over the weekend, expecting to endure the usual one-sided attack on the business everyone loves to hate, Big Tobacco. I was pleasantly surprised. The film undoubtedly skewers the industry a bit (as when a tobacco executive proclaims, “We sell cigarettes. They’re cool. They’re available. And they’re addictive. ... Thank You for Smoking — And (Another) Shameless Plug

Do Slotting Contracts Harm Consumers?

Warning: shameless plug of my own research to follow! Slotting allowances, or payments for shelf space, have been a central part of my research agenda for the last several years. My work with Ben Klein, The Economics of Slotting Contracts, presents a procompetitive theoretical explanation (and some aggregate data in support of our theory) for ... Do Slotting Contracts Harm Consumers?

Exxon’s CEO didn’t really get a $398 million retirement package

There’s been a number of headlines lately (see, e.g., here and here) about the $398 million “retirement packageâ€? Exxon awarded to Lee Raymond, its former Chairman and CEO. A quick review of the underlying proxy statement, however, reveals that the headlines are materially misleading, if not dead wrong. The $398 million number comes from an ... Exxon’s CEO didn’t really get a $398 million retirement package

Ford on Lott v. Levitt and "Replication"

The Lott v. Levitt lawsuit has become a pretty popular topic for bloggers of late (see, e.g., here, here or here). My previous post with links to some earlier blog discussions is here. As many have noted, Lott’s defamation claim comes down to the meaning of the term “replicate.” Pages 133-34 of Freakonomics contain the ... Ford on Lott v. Levitt and "Replication"

Robert Reich on the Massachusetts Health Care Plan

Today’s “Marketplace” program on NPR featured a commentary by Robert Reich (audio available here), in which the former labor secretary sang the virtues of Massachusetts’ new health insurance law. Reich emphasized a couple of times that the Massachusetts plan wouldn’t involve any new taxes. That aspect, he said, might make the plan attractive to the ... Robert Reich on the Massachusetts Health Care Plan

A Brief Primer on the Abortion and Crime Debate

As I noted in the comments to my earlier post on the AEI event, and by request, I thought I would briefly sketch out some of the theoretical and empirical issues surrounding the Donohue & Levitt (D&L) result (Quarterly Journal of Economics, 2001) that increased abortion access resulted in a lower crime rate. Because of ... A Brief Primer on the Abortion and Crime Debate

Burger King’s CEO Resigns

Burger King announced today that its CEO, Greg Brenneman, has resigned (AP article here). He will be replaced by BK’s CFO.  According to the article: When asked on a conference call about the changes at the top, Chidsey said: “It portends no bad news. Everything is fine with the company.” He and Brenneman declined to ... Burger King’s CEO Resigns

Financial Aid Impact of Coverdell Education Savings Accounts

With April 15 looming, I’ve spent some time this morning figuring out whether to make contributions to my sons’ Coverdell Education Savings Accounts or their 529 plans (I’m no longer a big shot attorney, so I don’t have the funds to do both). The issue has come up because on a recent NPR show someone ... Financial Aid Impact of Coverdell Education Savings Accounts

The AEI Event on the Abortion and Crime Debate

The current debate regarding the link between abortion legalization and crime rates has been well publicized. Last week, the AEI held an event at which nearly every scholar to comment on this issue since the initial Donohue & Levitt results were released, stated their case. Here is the AEI’s description: In 2001, John Donohue of ... The AEI Event on the Abortion and Crime Debate

In Defense of Short-Selling

In today’s W$J, Holman Jenkins stands up for short-sellers, and rightly so. Those folks have taken a bit of a beating lately. They’ve been sued by companies like Biovail and Overstock.com and trashed on talk shows like CBS’s 60 Minutes. [NOTE: I originally linked to the 60 Minutes segment, but I just realized that the ... In Defense of Short-Selling

Is the phrase "material omission" materially misleading?

Judges and commentators (myself included) routinely assert that an element of a claim under Sections 11, 12(a)(2) and 17(a) of the ’33 Act and Rule 10b-5 of the ’34 Act is a misstatement or omission of a material fact. However, the omission part of the element, with slight differences in phrasing, is actually an omission ... Is the phrase "material omission" materially misleading?

Tenure and the Law Deans

While we’re talking about the ABA . . . Brian Leiter asks whether the American Law Deans’ Association is opposed to tenure. The question is spurred by the ALDA’s comment (.doc) filed with the DOE on the ABA’s application for reaffirmation as a recognized accrediting body. Leiter cites to a blog post (which links to ... Tenure and the Law Deans