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Free to Choose (and Market) Clone-Free
The FDA has determined that milk and meat from some cloned animals (cattle, swine, and goats) is safe to eat. It has therefore lifted a moratorium on such products. But don’t expect to see milk and meat from cloned animals in your local grocery store. Cloning is incredibly expensive, so cloned animals would almost certainly ... Free to Choose (and Market) Clone-Free
Amateurism Is What We Do!
Yesterday, the NCAA settled a horizontal price fixing class action case initiated by former basketball and football players (here, here, and here). It’s nice to see the student-athletes get something, but I wish they would have received more. The suit deals with the difference between the NCAA’s grant-in-aid (GIA) cap and the full cost of ... Amateurism Is What We Do!
ABA Antitrust Law Fellowship Award
The ABA has announced a Fellowship Award for $5,000 and travel expenses for unpaid summer employment “within approved government agencies (federal, state, or international) dedicated to the enforcement of antitrust laws, or other institutions whose primary mission is to advance the study of antitrust and competition law.” The application packet is availabe here, and lists ... ABA Antitrust Law Fellowship Award
Abramowicz on Prediction Markets at the VC
GW Lawprof Michael Abramowicz is guest blogging over at the Volokh Conspiracy on the virtues of prediction markets and his new book: Predictocracy.
Ribstein on Unincorporated Firms
Motivated by a slate of forthcoming articles, books, and various projects involving unincorporated firms, Professor Ribstein has announced his plans to begin blogging more extensively about partnership, LLCs and agency issues over at Ideoblog. This is good news to anybody interested in issues of business law and finance more generally. Two early installments in this ... Ribstein on Unincorporated Firms
Antitrust (Over-?)Confidence
Thom was recently invited to draft a critical response to a symposium at the Institute for Consumer Antitrust Studies on the future of single firm conduct. The transcript from the Roundtable Discussion is available on SSRN. Thom graciously asked me to join him in drafting a short critical piece to the symposium. It is difficult ... Antitrust (Over-?)Confidence
More on Liberals, Conservatives and Elasticities
I want to respond to some of the comments on my blog regarding whether part of the ideological difference between liberals and conservatives can be explained by their differing estimations of the elasticity of various curves. First, Thom reminds us of Posner’s idea that the difference between liberals and conservatives is that liberals think that ... More on Liberals, Conservatives and Elasticities
Conference Announcement: Merger Analysis in High Technology Markets at GMU
I am very pleased to announce the “Merger Analysis in High Technology Markets” on behalf of my colleague Tom Hazlett, myself, and the Information Economy Project of the National Center for Technology and Law. The conference will be held at George Mason University School of Law on February 1, 2008 from 8:15 am-2:30 pm. Below ... Conference Announcement: Merger Analysis in High Technology Markets at GMU
Two on SCOTUS Antitrust Cases
Courtesy of Larry Solum’s Legal Theory Blog, the following two papers have been posted on SSRN and may be of interest to our readers. First is Keith Hylton’s analysis of the Weyerhaueser decision, Weyerhaeuser, Predatory Bidding, and Error Costs. Here is the abstract: In Weyerhaeuser v. Ross-Simmons the Supreme Court held that the predatory pricing ... Two on SCOTUS Antitrust Cases
Does Interdisciplinary Education in Law Schools Work?
The value of interdisciplinary legal education is coming up once again. This time, Brian Tamahana argues that the interdisciplinary movement is a bad idea: the notion that interdisciplinary studies within law schools promises to improve the practice of law is an old idea backed up by little evidence. Non-elite law schools might not be serving ... Does Interdisciplinary Education in Law Schools Work?
Stoneridge Securities Fraud Opinion from the Supreme Court
The Supreme Court’s opinion in Stoneridge Investment Partners v. Scientific-Atlanta was issued today. This case involved investors in Charter Communications’ common stock who sued under Section 10(b) of the Securities Exchange Act of 1934. The investors sued Charter’s SUPPLIERS AND CUSTOMERS, including Scientific-Atlanta and Motorola, who had entered into essentially “wash†contracts with Charter for ... Stoneridge Securities Fraud Opinion from the Supreme Court
Presidential Candidates and Antitrust
We’ve been following presidential statements on antitrust here at TOTM — mostly through press releases to the AAI (e.g. our analysis of statements from Obama and Edwards). I’ve been largely disappointed at the lack of attention to antitrust thus far from the candidates, with virtually no statements at all from the Republican side and only ... Presidential Candidates and Antitrust
