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Showing results for:  “digital markets act”

Teleforum on Software Patents on Tuesday, Nov. 6, at 2pm

A nice way to take a break from Election Day stress about this fingernail-biting-close election is to listen to some panelists talk about something that is truly important — software patents! 🙂 It a great panel, notwithstanding my participation, and it promises to be a lot of fun and informative.  So, call in for the ... Teleforum on Software Patents on Tuesday, Nov. 6, at 2pm

Who’s Flying The Plane?

It’s an appropriate question, both figuratively and literally. Today’s news headlines are now warning of a looming pilot shortage. A combination of new qualification standards for new pilots and a large percentage of pilots reaching the mandatory retirement age of 65 is creating the prospect of having too few pilots for the US airline industry. ... Who’s Flying The Plane?

Robert Rhee on Nationalization in a Time of Crisis

I have spent the better part of the year studying the consequences of government ownership in the private sector, see Treasury Inc.: How the Bailout Reshapes Corporate Theory and Practice.  I recently had the opportunity to read a new paper from Robert Rhee that examines the issue from a different point of view, Nationalization of ... Robert Rhee on Nationalization in a Time of Crisis

The Case for Copyright

Mark Schultz, law professor and specialist in copyright law, has written an excellent response to the Republican Study Committee policy brief on copyright law that has been making the rounds on the Internet the past several days.  Although the RSC promptly retracted the policy brief, the blogosphere has erupted in commentary on what appeared to ... The Case for Copyright

Surcharging and Honor-All-Cards

Generally, merchants charge the same price regardless of the type of payment instrument used to make purchases. In many jurisdictions, merchants are not allowed to add a surcharge for payment card transactions because of legal (some states in the U.S. do not allow surcharges) or contractual (card networks generally do not allow surcharges) restrictions. But, ... Surcharging and Honor-All-Cards

The Myth of Consumer Protection Through Disclosure

I will focus my blog post on one of the proposals for reducing interchange fees: the requirement that the fees be disclosed to consumers. I am not sure how seriously this option is taken by the GAO report. Indeed, the report concedes that mandated disclosures in this context are not very likely to be effective, ... The Myth of Consumer Protection Through Disclosure

The Merchants’ Insincere Concern About Cross-Consumer Subsidies

In my first post I argued that consumers as a group would likely be made worse off as a result of artificially imposed reductions in interchange fees.  This post considers a second line of attack—that even if consumers overall would be made no better off (or even worse off) as a result of regulating interchange ... The Merchants’ Insincere Concern About Cross-Consumer Subsidies

Credit Cards in Context: Framing the Discussion

While the GAO report provides a useful summary of many of the issues being debated within the credit card community, the GAO’s mandate was, in some ways, rather narrow.  The GAO was asked to “review (1) how the fees merchants pay have changed over time and the factors affecting the competitiveness of the credit card ... Credit Cards in Context: Framing the Discussion

House Oversight Committee Hearing

 Here is my testimony before the House Oversight Committee hearing last week regarding implications of the government as a shareholder in TARP recipients, particularly Citigroup, AIG and GM.  It gave me a unique opportunity to continue discussing my Treasury Incorporated paper.  I certainly hope the members took notes, although I doubt it.  Nothing has been done since the last ... House Oversight Committee Hearing

The Trespass Fallacy in Patent Law

Thank you to Josh for inviting me to guest blog on Truth on the Market.  As my first blog posting, I thought TOTM readers would enjoy reading about my latest paper that I posted to SSRN, which has been getting some attention in the blogosphere (see here and here).  It’s a short, 17-page essay — see, ... The Trespass Fallacy in Patent Law

AALS Section on Antitrust and Economic Regulation Call for Papers: Google and Antitrust

The AALS Section on Antitrust and Economic Regulation call for papers features a topic near and dear to my heart this year: Google and Antitrust.   Here is the announcement: Call for Papers Announcement AALS Section on Antitrust and Economic Regulation Google and Antitrust   2013 AALS Annual Meeting January 4-7, 2013 New Orleans, Louisiana ... AALS Section on Antitrust and Economic Regulation Call for Papers: Google and Antitrust

Economist Kevin Murphy to Charles River Associates

I am very pleased to report that Kevin Murphy – economist extraordinaire, recipient of the MacArthur Fellowship, Bates Clark Medal winner, and of course, fellow UCLA Bruin — has agreed to join Charles River Associates as a Senior Consultant beginning May 2013 when his contract with Navigant Economics expires.  As a fellow Senior Consultant at ... Economist Kevin Murphy to Charles River Associates