Showing results for: “sirius xm merger”
My Nomination for TOTM Post of the Year
If traffic and number of comments are any indication, this one from Geoff on the antitrust analysis of the Whole Foods/ Wild Oats merger certainly attracted the most attention. Its been a fun year of of blogging. Thanks to all of the TOTM bloggers, guests, commenters, and readers for making it so interesting! Happy New ... My Nomination for TOTM Post of the Year
The Best Antitrust Articles of 2007
Danny Sokol has collected picks from antitrust specialists around the globe. There were plenty of excellent articles and books to pick from but I ultimately selected this article from Keith Hylton and Fei Deng and this book on the Microsoft Case from Bill Page and John Lopatka. You can see the rest of the picks ... The Best Antitrust Articles of 2007
Cleaning up after Pasquale's hit job
Recently, Frank Pasquale at Concurring Opinions wrote a blog post did a drive-by hit on FTC Chairman Majoras supporting her recusal from considering the Google/DoubleClick merger now pending before the FTC.  You really have to read the post to get the full effect of the innuendo and intimation–it’s masterfully subtle. At the time I commented on ... Cleaning up after Pasquale's hit job
Vertical Integration and Retail Gasoline Prices Revisited
A trio of Federal Trade Commission economists (Christopher Taylor, Paul Zimmerman, & Nicholas Kreisle) have revisited Justine Hastings’ 2004 AER analysis of the ARCO/ Thrifty vertical merger in their paper, “Vertical Relationships and Competition in the Retail Gasoline Market: Comment.” (HT: Danny Sokol). Hastings’ analysis is viewed as particularly important because it is one of ... Vertical Integration and Retail Gasoline Prices Revisited
Prediction Markets & XM/Sirius
I had never heard of Intrade before. Maybe I live in a hole. Let’s see here: I’d love to short the bid for Dec. 07 if it wasn’t at zero. No way I’d touch the 10 ask. I think there’s over a 90% chance this goes into next year. The bid/ask spread is so big for ... Prediction Markets & XM/Sirius
Franchising, Starbucks vs. Subway, and Promotional Services
Professor Bainbridge offers a correction to Keith’s Starbucks analysis by pointing out that Starbucks does not have franchisees. I don’t think the franchise/ franchisee distinction has much to do with Keith’s conclusion that whatever is going on is not an antitrust problem. But the Professor is on to a really cool question about franchising and ... Franchising, Starbucks vs. Subway, and Promotional Services
The Prediction Markets on XM/Sirius
Paul asks about the Vegas odds on XM/ Sirius merger approval. Its not quite Vegas, but Intrade is offering contracts on merger approval on or before December 2007, March 2008, and June 2008. They’re trading at 5, 50, and 70 respectively.  So Paul, any of those contracts look good to you?
ET Radio Merger Countdown
The countdown is on for the XM-Sirius merger decision! (I wouldn’t be optimistic that the “end of the year” decision target will stand.)  Former FCC Chairman Reed Hundt and Representative Rich Boucher (D-Va) have recently come out in favor of the merger. As everyone knows, it’s all about market definition, baby! I’m not a gambling man, but I’d love ... ET Radio Merger Countdown
United/Delta
Yet another major airline merger appears to be in the works: United and Delta. This calls for some antitrust analysis. A few months ago, Thom did a thorough job analyzing the antitrust aspects of AirTran’s proposed takeover of Midwest. The key point in Thom’s analysis was that assessment of an airline merger’s economic effects properly ... United/Delta
The Truth About Reverse Mergers
For those interested in small company finance, I’ve recently posted on SSRN a draft of the short piece I’ve written for the Entrepreneurial Business Law Journal symposium issue. The piece is entitled “The Truth About Reverse Mergers” and can be downloaded here. Here’s the abstract: The Article examines the reverse merger method of going public. ... The Truth About Reverse Mergers
MAE in the Sallie Mae Case
Back in April, private equity fund J.C. Flowers, along with JP Morgan Chase and Bank of America, agreed to acquire Sallie Mae, the largest provider of student loans in the United States. Between then and now, Congress passed the College Cost Reduction and Access Act of 2007 (CCRAA), which reduced in various ways the subsidies ... MAE in the Sallie Mae Case
In Case You Were Wondering …
Jesse Jackson has come out against the Sirius / XM Merger …
