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Congrats to the GMU Class of 2007
I am very pleased to join my colleague David Bernstein and the rest of the GMU community in congratulating GMU’s class of 2007 for producing first-time bar passage rates in Virginia exceeding 90% (93.2) and beating out all of our in-state competitors for the first time.
In Case You Were Wondering …
Jesse Jackson has come out against the Sirius / XM Merger …
FCC Bans Exclusive Contracts In Apartment Buildings
From the NY Times: Federal regulators on Wednesday approved a rule that would ban exclusive agreements that cable television operators have with apartment buildings, opening up competition for other video providers that could eventually lead to lower prices. The Federal Communications Commission unanimously approved the change, which Chairman Kevin Martin said would help lower cable ... FCC Bans Exclusive Contracts In Apartment Buildings
Proxy Access: Back to the Drawing Board
Per Securities Law Daily: Under pressure from congressional leaders, institutional investors and business groups, Securities and Exchange Commission Chairman Christopher Cox Nov. 1 said he thinks the SEC “should go back to the drawing board” in early 2008 on the controversial “proxy access” issue. “I agree that we should go back to the drawing board ... Proxy Access: Back to the Drawing Board
Five Affiliated Computer Services Directors Resign
The New York Times reports that five independent ACS directors have resigned, after the CEO seems to have demanded their resignations. The resignations appear to hinge on the directors’ objections to the manner in which ACS Founder and Chairman Darwin Deason wanted to buy out ACS. (The NYT article indicates Deason was trying to favor himself ... Five Affiliated Computer Services Directors Resign
I'm a one issue voter
Ok, that’s not really true. In actuality, I don’t generally vote. But if I did vote, I think the time is right to be a one issue voter on the issue of antitrust policy. Seems like everyone has a view on the topic these days.  And on that one issue alone, Hilary Clinton resoundingly and conclusively ... I'm a one issue voter
Antitrust Enforcement Levels and Quality Again: A Hypothetical Conversation
I’ve done some more thinking about my recent post on the problems associated with claims that infer greater antitrust enforcement quality solely from enforcement activity and come to the conclusion that my post oversimplified matters. I remain rather skeptical about this inference but wanted to highlight some of the nuances in the debate that I ... Antitrust Enforcement Levels and Quality Again: A Hypothetical Conversation
"Free is More Complicated Than You Think"
So says Scott Adams, creater of Dilbert and now author, in today’s WSJ. The context might interest TOTM readers who’ve been following the Radiohead/ voluntary pricing discussions here and elsewhere: A few years ago I tried an experiment where I put the entire text of my book, “God’s Debris,” on the Internet for free, after ... "Free is More Complicated Than You Think"
Research Grant for IP, Innovation, and Competition Policy
The Tilburg Law and Economics Center has a call for research proposals out in the amount of EUR 15,000. Proposals are due November 20th. Details here.
TOTM Gets Ranked …
TOTM is never above a little bit of self promotion. In that spirit, I’m very pleased to announce that we’ve made #64 on Brian Gongol’s rankings of business and economics blogs. Aaron Schiff, author of an excellent new (at least to me) economics blog called 26econ.com, also has a new set of rankings for economics ... TOTM Gets Ranked …
Intel’s Loyalty Rebates: Why the Interventionists Are Wrong
The New York Times isn’t the only one calling for the FTC to go after Intel for its purportedly exclusionary discounting. The reliably interventionist American Antitrust Institute concurs. In a recent letter to the FTC, it wrote: Based on allegations by AMD [Advanced Micro Devices] in a private U.S. case and on what we have ... Intel’s Loyalty Rebates: Why the Interventionists Are Wrong
Yet Another Voluntary Pricing Experiment
This time from Paste Magazine (HT: Peter Schwartz via Wired Blog Magazine), and motivated by the Radiohead Experiment, and with an interesting twist: Subscribers who choose to pay more than the normal $19.95 asking price will have their names printed in an upcoming issue of the magazine, but the entire year-long subscription can in fact ... Yet Another Voluntary Pricing Experiment
