Keith Hylton on Fred McChesney
Kieth N. Hylton is William Fairfield Warren Distinguished Professor at Boston University School of Law. The last time I saw Fred McChesney was at a conference at Notre Dame where we both spoke, three years ago. We laughed heartily about how the stock market fools political observers. When a presidential candidate who will do terrible ... Keith Hylton on Fred McChesney
Hylton on the Apple e-books case: The central importance of the Court’s under-appreciated Business Electronics case
For a few months I have thought that the Apple eBooks case would find an easy fit within the Supreme Court’s antitrust decisions. The case that seems closest to me is Business Electronics v. Sharp Electronics, an unfortunately under-appreciated piece of antitrust precedent. One sign of its under-appreciation is its absence in some recent editions ... Hylton on the Apple e-books case: The central importance of the Court’s under-appreciated Business Electronics case
Keith Hylton on Joshua Wright
When I first heard that Josh had resigned from the FTC, I wondered if the news would cause a stock market sell-off. I checked later that day, and the Dow closed slightly up, plus .39 percent. This suggests several possible explanations. One is that the stock market had already priced in Josh’s departure. Another is ... Keith Hylton on Joshua Wright
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
