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The collection of all scholarly commentary on law, economics, and more

Showing results for:  “digital markets act”

Reflections on the GMU/Microsoft Conference

As you may know, this past Friday we (Geoff and Josh) organized the inaugural GMU/Microsoft Conference on the Law and Economics of Innovation. Overall, we were extremely pleased with our first entry in this conference series, The Regulation of Innovation and Economic Growth. We had about 130 register for the conference, including many high level ... Reflections on the GMU/Microsoft Conference

Professor Bainbridge's Complete Guide to Sarbanes-Oxley

Is available here. Here is the description: Congress passed the Sarbanes-Oxley Act in response to major corporate and accounting scandals–and many consider the act to be the most significant change in corporate governance and securities regulations in the past seventy years. SOX requirements have brought about far-reaching changes for public corporations, private corporations, and nonprofits. ... Professor Bainbridge's Complete Guide to Sarbanes-Oxley

Senator Kohl on Antitrust, Part I — Airline Mergers

One nice thing about being a legal academic is that you can diversify your political portfolio. By that, I mean that you become somewhat indifferent to who’s in office. If it’s folks you agree with, then you’re happy because your preferred policies are being implemented. If it’s folks with whom you disagree, then you’re happy ... Senator Kohl on Antitrust, Part I — Airline Mergers

Clinton, Obama, and Wal-Mart

At his new and excellent blog Hodak Value, frequent TOTM commentor Marc Hodak offers the following in response to a post at the Daily Kos implying that Wal-Mart’s treatment of its workers should give rise to a level of concern similar to that of the Rwandan genocide: My standard for concern about an organization is ... Clinton, Obama, and Wal-Mart

Testimony on HB 1902 Prohibiting "Pay for Delay" Settlements

David Fischer brings my attention to testimony on HB 1902 which would prohibit “payment for delay” settlements between brand name and generic drug companies.  FTC Commissioner Leibowitz testified on the position of my new employer here. I also learned from reading Scott Hemphill’s testimony and submission (Columbia Law), which relies upon and includes some of ... Testimony on HB 1902 Prohibiting "Pay for Delay" Settlements

Dow Jones Board Action: Nice exam question

Does a bid for Dow Jones implicate Revlon duties?  Can a board “just say no”?  What if the Board says nothing, b/c they know a majority of their s/h will not vote for the acquisition?  This is the stuff good Corporations or M&A exam questions are made of.  Luckily, counsel to the Dow Jones Board must have paid ... Dow Jones Board Action: Nice exam question

Angrist on Levitt, Instrumental Variables, Identification, and Defending Cuteness

It is apparently vogue to ask whether Steve Levitt is ruining economics? The serious question behind all of this is whether today’s economists have become too enamored with cute and clever questions rather than the day’s “big” questions.  I’ve already gone on the record on this one with a comment to a post over at ... Angrist on Levitt, Instrumental Variables, Identification, and Defending Cuteness

SEC takes a bite of the Apple

Today, the SEC filed securities fraud charges against two former Apple senior executives for matters pertaining to Apple’s backdating scandal.  The SEC settled its claims against former Apple CFO Fred Anderson at the same time it filed suit.  Anderson will pay about $3.5 million in disgorgement and penalties.  Former Apple General Counsel Nancy Heinen did ... SEC takes a bite of the Apple

An Interesting Paper on Unwanted Fertility and Crime

Juan Pantano, a Ph.D. Candidate in the excellent UCLA Economics Department, has a paper that some of our readers might be interested in entitled: Unwanted Fertility, Contraceptive Technology and Crime: Exploiting a Natural Experiment in Access to the Pill.  Here’s the abstract: A blossoming literature in the U.S. examines the role of abortion legalization on ... An Interesting Paper on Unwanted Fertility and Crime

Brian Leiter's Law School Rankings

Brian Leiter makes the following request: I’ve heard from many readers that when you search Brian Leiter you don’t in fact get my law school ranking site as one of the top results, even though you get my blogs, my homepages, and my philosophy ranking site.  So, dear reader with a blog, please post a ... Brian Leiter's Law School Rankings

Congratulations to Kate Litvak!

Kate Litvak (UT Law, and friend of TOTM) , whose excellent paper (discussed around the blogosphere here and here), “The Effect of the Sarbanes-Oxley Act on Non-US Companies Cross-Listed in the US,” has been selected as the best paper for the forthcoming special issue of the Journal of Corporate Finance associated with the Boundaries of ... Congratulations to Kate Litvak!

North Dakota Publicly Traded Corporation Act

The governor of North Dakota recently signed into law the North Dakota Publicly Traded Corporation Act (ht: Broc Romanek). The Act resembles a shareholder activist wish list including majority voting for the election of directors, elimination of staggered boards, advisory shareholder votes on executive compensation, shareholder proxy access, proxy contest reimbursement, poison pill restrictions, etc. ... North Dakota Publicly Traded Corporation Act