Showing results for: “sirius xm merger”
Assessing the claims that the Google-AdMob merger will "leverage Google's dominance" and also kill kittens
News items continue to pile up suggesting that the FTC is likely to challenge Google’s acquisition of mobile application and website advertising provider, AdMob. See this recent article from the Wall Street Journal. News reports today contain this quote from an anonymous source: “The staff (at the U.S. Federal Trade Commission) believes there is a ... Assessing the claims that the Google-AdMob merger will "leverage Google's dominance" and also kill kittens
Varney's comments from the DOJ/USDA hearings [#dojusda #agworkshop]
The DOJ has posted the transcript from the recent DOJ/USDA hearings on antitrust in agriculture here. I figured our readers might be especially interested in seeing Christine Varney’s comments (especially without having to slog through all 350 pages to find them!). I have bolded some of the most interesting parts of her comments. As a ... Varney's comments from the DOJ/USDA hearings [#dojusda #agworkshop]
Economics versus politics in antitrust [#agworkshop]
Bill Northey, IA Ag Sec’y, sounds a bit like an economist (ah, turns out he has a degree in ag business and an MBA . . . ). Yes, price of seeds has gone up, but so has yield, and so has overall value. The issue, he says, is how to divide the surplus, and ... Economics versus politics in antitrust [#agworkshop]
Competition in agriculture redux (cross-posted)
Antitrust & Competition Policy Blog is hosting a symposium on Competition in Agriculture. Mike’s post from yesterday is available here. So far in the symposium there are also posts by Ron Cass (BU Law), Jeff Harrison (Florida Law), Peter Carstensen (Wisconsin Law), and Kyle Stiegert (Wisconsin Applied Econ). Additional posts should be forthcoming from ... Competition in agriculture redux (cross-posted)
A Defense of the Insurance Industry Antitrust Exemption?
The subject of antitrust exemptions has been an oft-discussed topic here at TOTM (see, e.g. here and here). In the latter of those two links I was somewhat critical of the DOJ for taking a neutral stance on the insurance industry exemption, which has now become rather wrapped up in the health care reform debate. ... A Defense of the Insurance Industry Antitrust Exemption?
Wright’s Right on Posner
A couple of days ago, Josh wrote to correct the record on Judge Posner’s antitrust views. AAG Varney had implied that Posner has changed his views on antitrust and now favors a more interventionist antitrust policy. Josh helpfully pointed us to Posner’s own remarks, which do not support Ms. Varney’s “gloss.” Ms. Varney is not ... Wright’s Right on Posner
Correcting the Record: AAG Varney and the Chicago School's Premature "Retirement"
Geoff recently highlighted AAG Christine Varney’s closing remarks at the Horizontal Merger Guidelines workshop and was fairly critical. Thom intervened to suggest that we at TOTM, while fairly critical of the agencies from time to time, also give credit where it is due — highlighting AAG Varney’s RPM article. OK, that’s enough credit for now. ... Correcting the Record: AAG Varney and the Chicago School's Premature "Retirement"
Meese & Richman on Ticketmaster/ Live Nation
Alan Meese (William and Mary) and Barak Richman (Duke), have an op-ed over at the Huffington Post on the Ticketmaster Live nation merger and settlement. They frame the DOJ decision to approve the merger as a victory of principle over politics and economic populism. Here is an excerpt: Many hoped that the Live Nation-Ticketmaster merger ... Meese & Richman on Ticketmaster/ Live Nation
Varney on the Merger Guidelines
Yesterday the final Horizontal Merger Guidelines Review workshop was held and, among other antitrust luminaries, our own Josh Wright participated. We look forward to a report from the front lines. Meanwhile, Assistant Attorney General Varney’s comments are available on the interwebs. Overall her remarks seem uncontroversial, especially following on the heels of the agency’s (surprising?) ... Varney on the Merger Guidelines
Russian Retail Trade Law and Government Barriers to Entry
A new Russian retail trade law is scheduled to (at least partially) go into effect on February 1st. The new retail trade law, with the support of the national antitrust authority and Prime Minister Putin amongst others, has three essential features: (1) limiting the operation of chains to no more than 25 percent of total ... Russian Retail Trade Law and Government Barriers to Entry
Note to Simon Johnson: I do not think antitrust means what you think it means
Simon Johnson is at it again, advocating the use of antitrust to break up the banks because they are, you know, big, and antitrust is about busting up big companies, right? As Josh suggested back in July, the idea is gaining momentum, it seems. The Financial Times is also pushing the idea. What’s remarkable about ... Note to Simon Johnson: I do not think antitrust means what you think it means
My Top Ten Antitrust Publications of the Year
Danny Sokol posted his blog’s list of top antitrust publications for the year. The big winners were Einer Elhauge, Bundled Discounts, and the Death of the Single Monopoly Profit Theory, 123 Harvard Law Review 397 (2009), and Nathan Miller, Strategic Leniency and Cartel Enforcement, American Economic Review. In the holiday rush, I forget to send ... My Top Ten Antitrust Publications of the Year