Showing results for: “digital markets act”
FTC's Whole Foods complaint: still bulls**t
As Manfred reports over at the Antitrust Review, the judge has unsealed the FTC’s complaint against Whole Foods. This unredacted version reveals an unhealthy reliance on hot docs by the FTC’s staff. I won’t belabor the point. But when you’re looking at marketing materials and reports to the board to identify anticompetitive intent (hmmm. I ... FTC's Whole Foods complaint: still bulls**t
Activist hedge funds hurt credit quality
The Financial Times reports today on a Moody’s study that finds “[a]ctivist hedge funds and other short-term shareholders are almost always bad for the credit quality of their target companies . . . .” (See here for the FT article). I’m interested in reading the Moody’s study but have been unable to find it online. ... Activist hedge funds hurt credit quality
PIPEs
I recently posted on SSRN one of the two articles I have committed to write for the Entrepreneurial Business Law Journal. It’s entitled PIPEs (note that I went with a “micro-title†and successfully resisted the urge (at least for now) of being “very punny,” e.g., PIPE bomb, Sewer PIPE, Burst PIPE, Smoking PIPE, PIPEline . ... PIPEs
Premium natural and organic bulls**t
It appears that the FTC is moving to stop the proposed Whole Foods/Wild Oats merger. Says the FTC: If Whole Foods is allowed to devour Wild Oats, it will mean higher prices, reduced quality, and fewer choices for consumers [in the premium natural and organic supermarkets market]. That is a deal consumers should not be ... Premium natural and organic bulls**t
Media Consolidation and Antitrust
One of the more interesting parts of Senator Herbert Kohl’s recent Antitrust interview, in which he also discussed airline mergers, concerned antitrust’s treatment of media consolidation. Here’s what the Senator had to say: It’s such a very important issue, media consolidation, because it has the potential to reduce if not eliminate the opportunities people have ... Media Consolidation and Antitrust
More Kookiness in Chicago
I’ve previously tiraded about paternalism in my beloved Chicago. I won’t beat that dead horse, but I just can’t ignore the latest liberty restriction imposed by our esteemed aldermaniacs. The members of the aldermen’s Buildings Committee recently voted to extend the city’s smoking ban to performers in theatrical productions. What a freakin’ embarrassment. The aldermen ... More Kookiness in Chicago
Slopping Wordsmithing by the WSJ or Bad Corporate Governance?
As we know, News Corp. has made a bid for Dow Jone, offering $60/sh for the outstanding Dow Jones stock.  The Bancroft family, however, who controls at least a majority of the Dow Jones voting stock, has indicated clearly that it will not vote in favor of this offer, such that the offer, as it currently ... Slopping Wordsmithing by the WSJ or Bad Corporate Governance?
FTC Grocery Antitrust Conference
The FTC’s Bureau of Economics has scheduled a conference that looks very interesting and concerns a subject near and dear to my heart: antitrust in the supermarket! Sadly, I will not be able to attend as I am going to take a little bit of a paper grading/ battery re-charge vacation for the next few ... FTC Grocery Antitrust Conference
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
