Showing results for: “digital markets act”
An Online Experiment in Voluntary Pricing
I’ve previously discussed the voluntary pricing strategy taken by restaurants and cafes in a handful of states to offer food and drink for free and allow customers to decide whether and how much they would pay.  I was rather skeptical about the profitability of this strategy in the retail setting. But it looks like we ... An Online Experiment in Voluntary Pricing
The most embarrassing thing Joe Stiglitz ever wrote?
In case you haven’t already, I recommend taking a gander at today’s New York Time Book Review. In it, there is a review of Naomi Klein’s new book, The Shock Doctrine, by Nobel-winning economist, Joe Stiglitz. It’s an abomination (I’m sure the book is an abomination, too, but I’m referring to the book review). If ... The most embarrassing thing Joe Stiglitz ever wrote?
We Are Not Just Going to Stand Here, We Are Going to Do Something!
That seems to be the message of presidential candidate/ Senator Barak Obama’s response to the American Antitrust Institute’s questions on antitrust (HT: Antitrust Review). First off, kudos to Obama for stating his position on antitrust in a public forum. I hope the rest of the candidates will do the same. Do go read the whole ... We Are Not Just Going to Stand Here, We Are Going to Do Something!
Hello, have you met my friend Ubuntu?
Hello everyone! I’m glad and excited to be a new part of Truth on the Market. I’d like to thank Josh for inviting me. Unfortunately, I’ll be very busy through the end of the year so I probably won’t get to post with great frequency, but I look forward to posting more in the future. ... Hello, have you met my friend Ubuntu?
Antitrust and Real Business Cycle Theory
Andrew Young and William Shughart II have posted an interesting paper (forthcoming in Public Choice) entitled “The Consequences of the U.S. DOJ’s Antitrust Activities: A Macroeconomic Perspective.” Here’s the abstract: Do the antitrust law enforcement activities of the US Department of Justice act as exogenous “technology shocksâ€, an essential element of real business cycle theory ... Antitrust and Real Business Cycle Theory
Forget About the Bar Exam, Take Antitrust …
Melissa Lafsky at the Freakonomics Blog reports on a study showing no relationship between law school courseload choices and bar passage rates (except in the third quartile of students apparently). So what to do? Yet another reason to take antitrust (and I guess other specialized electives if you insist …) rather than enrolling in bar ... Forget About the Bar Exam, Take Antitrust …
Behavioral Law and Economics of Contracts
After receiving the page proofs last week, I’m posting “Behavioral Law and Economics, Paternalism, and Consumer Contracts: An Empirical Perspective” to SSRN. I wrote this paper for last year’s NYU Journal of Law & Liberty Symposium on Behavioral Economics’ Challenge to the Classical Liberal Program. The basic idea of the paper is an evaluation of ... Behavioral Law and Economics of Contracts
Businesses Clamoring for More Regulation — It’s Like Rain on Your Wedding Day.
Within the last few days, the nation’s two most prominent newspapers have reported an interesting trend: businesses are seeking more government regulation. On Sunday, the New York Times ran an article entitled In Turnaround, Industries Seek U.S. Regulation. Yesterday’s Wall Street Journal featured Food Makers Get Appetite for Regulation. Some might argue that this is ... Businesses Clamoring for More Regulation — It’s Like Rain on Your Wedding Day.
Obnoxious, Disruptive, Worth a Debilitating Electrical Charge
Have any of you actually watched the video of the University of Florida student, Andrew Meyer, who was tasered (shocked with a stun gun that emits a “debilitating electrical charge“) by UF Police at a discussion with Senator John Kerry? The student was asking a series of questions of Senator Kerry, and apparently the student ... Obnoxious, Disruptive, Worth a Debilitating Electrical Charge
Reactions to the Microsoft Decision
The reaction to the CFI’s Microsoft decision (press release here) thus far has been largely negative. Here’s a sample: Luke Froeb: “Disappointingly, the Court failed to articulate a principle that would tell firms when they are competing on the merits and when they are going to violate the increasingly murky European antitrust rules about dominant ... Reactions to the Microsoft Decision
Why Wasn't Belichick Suspended?
An assistant coach takes a substance banned by the NFL to treat diabetes. He is fined one third of his salary and suspended for 5 games. An NFL head coach violates an NFL rule concerning videotaping the opposition during a game from the sideline for fear that such conduct might impact the outcome of the ... Why Wasn't Belichick Suspended?
More on Merrill Lynch & Co., Inc. v. Allegheny Energy, Inc.
Steven Davidoff responded to my blog here last week regarding Merrill Lynch & Co., Inc. v. Allegheny Energy, Inc. and made the excellent point that just how bad for Merrill the representation I quoted really was depends in part on the limitations on indemnification that were included in the purchase agreement. For example, if the ... More on Merrill Lynch & Co., Inc. v. Allegheny Energy, Inc.
