Showing results for: “digital markets act”
Microsoft Again. Really? Why?
DG Comp is after Microsoft. Again. Here is the EU’s press release which states the obvious about the basis of the Statement of Objections : the Commission’s decision in the Windows Media Player decision renders illegal virtually any tie by a firm with a “dominant” share under EU law. Therefore, Microsoft’s inclusion of Internet Explorer ... Microsoft Again. Really? Why?
George W. Bush's stinky parting gift
Bush has proved himself to be a statist, protectionist ignoramus on many occasions. But this, one of his final acts in office, is simply appalling: People in the southern French district of Lozeyron are having a hard time swallowing US President George W. Bush’s parting gift: a tripling to 300 percent in import duty on ... George W. Bush's stinky parting gift
What One Article Should Obama Read Tonight?
Imagine what must be going through President-elect Barack Obama’s head today. Tomorrow he begins what must be the most stressful job on the planet (just look at before-and-after pictures of Presidents Clinton and Bush, both of whom appeared to age decades in only eight years). He’s just come off a love-fest featuring the likes of ... What One Article Should Obama Read Tonight?
Kiesling on Sunstein, OIRA and Nudging
A post that everybody should read over at Knowledge Problem in which Lynne Kiesling moves from behavioral economics to the design of fixed price default contracts in electricity markets to a Hayekian critique of the Sunstein-Thaler libertarian paternalist program to the following closing paragraph: In devising OIRA policy I’d like to hear Sunstein invoke another ... Kiesling on Sunstein, OIRA and Nudging
Should the Supreme Court Grant Cert in Rambus (Revisited, and Cross-Posted at Patently-O)
[Rutgers Professor Michael Carrier recently posted as a guest at Patently-O arguing in favor of the FTC’s position in Rambus and the Supreme Court granting certiorari. I thought Professor Crouch might be interested in sharing with his readers a different perspective on the merits of the FTC’s petition for cert in Rambus sketched out in ... Should the Supreme Court Grant Cert in Rambus (Revisited, and Cross-Posted at Patently-O)
Disgorgement and Damages in Ovation
A couple of weeks ago, I posted a blog discussing the FTC’s complaint against Ovation. One of the interesting factors of that complaint was the FTC’s decision to seek disgorgement of profits allegedly improperly gained as a result of the challenged acquisition. The FTC has only infrequently sought disgorgement in antitrust matters and it is ... Disgorgement and Damages in Ovation
Three from Brad DeLong
Yesterday I criticized Brad DeLong for, essentially, acting like a child. Today I want to draw attention to three posts from Brad DeLong–in none of which does he act like a child. The first is this post, correcting his mistaken ad hominem attack on Glen Weyl. The apology is well-taken. I only wonder where the ... Three from Brad DeLong
What Influence Will the Section 2 Report Have? The Role of Political Ideology
There has been a great deal of speculation and discussion in this blog and around the antitrust community regarding what will happen with the DOJ Section 2 Report. Rightly so. It is a document with the potential to influence both agency monopolization enforcement decisions, international antitrust enforcement, and U.S. doctrine itself in federal court. What ... What Influence Will the Section 2 Report Have? The Role of Political Ideology
Epstein on the Economics of Fault in Contract Law
A new paper from Richard Epstein came across my inbox via SSRN this morning, The Many Faces of Fault in Contract Law: Or How to Do Economics Right, Without Really Trying? Here’s the abstract: Modern law often rests on the assumption that a uniform cost/benefit formula is the proper way to determine fault in ordinary ... Epstein on the Economics of Fault in Contract Law
Whole Foods Remand Update
From the Blog of Legal Times: Yesterday, Friedman sided with the FTC’s interpretation of the D.C. Circuit’s three-way opinion. He will limit his role on remand, which is exactly what lawyers for the FTC said the D.C. Circuit wanted. The Whole Foods lawyers—including Dechert partners Paul Friedman (not the judge) and Paul Denis—urged Friedman to ... Whole Foods Remand Update
Taking On Lebron: What's the Impact of a Gold Medal Performance?
Stories like this one suggest that winning Olympic gold in Beijing have catapulted team members into better seasons. Here’s a quote from Lebron James: “To win the gold just uplifted all of us into this season. A lot of people were wondering if we’d hit a wall because we played in the Olympics. But ... Taking On Lebron: What's the Impact of a Gold Medal Performance?
The Law Market
The Law Market, Larry Ribstein’s new and important book with Erin O’Hara looks great and is available here from Oxford University Press. The book description from the website sets the stage: Today, a California resident can incorporate her shipping business in Delaware, register her ships in Panama, hire her employees from Hong Kong, place her ... The Law Market