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Showing results for:  “digital markets act”

When Is Deception an Antitrust Offense? The FTC’s Unorthodox Case Against Google

Last week, the FTC hired outside litigator Beth Wilkinson to lead an investigation into Google’s conduct, which some in the press have interpreted as a grave sign for the search company. The FTC is reportedly interested in pursuing Google under Section 5 of the FTC Act, which prohibits a firm from engaging in “unfair methods ... When Is Deception an Antitrust Offense? The FTC’s Unorthodox Case Against Google

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

The Economics of Drip Pricing at the FTC

The FTC is having a conference in the economics of drip pricing: Drip pricing is a pricing technique in which firms advertise only part of a product’s price and reveal other charges later as the customer goes through the buying process. The additional charges can be mandatory charges, such as hotel resort fees, or fees ... The Economics of Drip Pricing at the FTC

Taxing Regulatory Failure

Last month, the IRS and the US Treasury Department issued proposed rules to implement a new tax on health insurance providers and self-insured groups. The tax is part of the Patient Protection and Affordable Care Act (ACA) and will be used to help fund the new Patient-Centered Outcomes Research Institute (PCORI), which will conduct research ... Taxing Regulatory Failure

The folly of the FTC’s Section Five case against Google

In the past weeks, the chatter surrounding a possible FTC antitrust case against Google has risen in volume, thanks largely to the FTC’s hiring of litigator Beth Wilkinson.  The question remains, however, what this aggressive move portends and, more importantly, why the FTC is taking it. It is worth noting at the outset that, as ... The folly of the FTC’s Section Five case against Google

A few tidbits about Herb Hovenkamp

Our friends at Chillin’ Competition have a short interview with Herb Hovenkamp up as part of their “Friday Slot” series.  Here are a couple of tidbits to entice you to go read the whole thing: “Oscar” of the best antitrust law book? Non-antitrust book? Best Antitrust Book:  Oliver E. Williamson, Markets and Hierarchies: Analysis and Antitrust Implications (1975). ... A few tidbits about Herb Hovenkamp

Abandoning Antitrust’s Chicago Obsession: The Case for Evidence-Based Antitrust

I’ve posted to SSRN an article written for the Antitrust Law Journal symposium on the Neo-Chicago School of Antitrust.  The article is entitled “Abandoning Chicago’s Antitrust Obsession: The Case for Evidence-Based Antitrust,” and focuses upon what I believe to be a central obstacle to the continued evolution of sensible antitrust rules in the courts and ... Abandoning Antitrust’s Chicago Obsession: The Case for Evidence-Based Antitrust

How Well Do Incentive Programs in the Workplace Work?

WSJ has an interesting story about the growing number of employer efforts to import “game” like competitions in the workplace to provide incentives for employees to engage in various healthy activities.  Some of these ideas sound in the behavioral economics literature, e.g. choice architecture or otherwise harnessing the power of non-standard preferences with a variety ... How Well Do Incentive Programs in the Workplace Work?

More Misguided Derision from Critics of the Verizon-SpectrumCo Wireless Deal

The pending wireless spectrum deal between Verizon Wireless and a group of cable companies (the SpectrumCo deal, for short) continues to attract opprobrium from self-proclaimed consumer advocates and policy scolds.  In the latest salvo, Public Knowledge’s Harold Feld (and other critics of the deal) aren’t happy that Verizon seems to be working to appease the regulators by selling off ... More Misguided Derision from Critics of the Verizon-SpectrumCo Wireless Deal

Book Review of Cohen & Wright on Family Law & Economics

From Lucy Heckman: The Research Handbook on the Economics of Family Law consists of a series of essays about perspectives on the commercial relations of human activities outside of the commercial world, specifically marriage and child-bearing.  The work addresses such topics as factors that influence marriage, trends in marital stability, divorce and divorce law and ... Book Review of Cohen & Wright on Family Law & Economics

CEO Vacations and Stock Prices

An interesting looking empirical piece from David Yermack (NYU), Tailspotting: How Disclosure, Stock Prices and Volatility Change When CEOs Fly to Their Vacation Homes.  I haven’t read it closely yet.  Here’s the abstract: This paper shows close connections between CEOs’ vacation schedules and corporate news disclosures. Identify vacations by merging corporate jet flight histories with ... CEO Vacations and Stock Prices

Happy 98th Birthday to Armen Alchian!

The great economist Armen Alchian turned 98 yesterday.  Armen is the father of the UCLA tradition in economics.  I had the great honor of having Armen on my dissertation committee and cannot imagine being prouder of my association with him.  Armen’s contributions to economics as diverse as they are penetrating.  Armen was one of the ... Happy 98th Birthday to Armen Alchian!