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January Threads
Top Twitter threads from ICLE scholars on current topics.
NEW PAPER ALERT: happy to share the paper (with @MarcoCappai5) “Applying ne bis in idem in the aftermath of bpost and Nordzucker: the case of EU competition policy in digital markets”, forthcoming in Common Market Law Review https://t.co/xeO2RyGjsl pic.twitter.com/OibBBMsT3U
— Giuseppe Colangelo (@GiuColangelo) January 31, 2023
As an economist, I'm used to thinking about collusion or mergers.
— Brian Albrecht (@BrianCAlbrecht) January 25, 2023
Now the FTC wants to focus more on "unfair methods of competition." Unfair??? Oh boy. This sounds like a can of worms.
Luckily, @DanielJGilman1 and @geoffmanne have 2 new tl;drs (2 pages each) to help ?
Given the news that @JusticeATR has filed suit against @Google charging anticompetitive practices in its digital advertising business, we wanted to share some @LawEconCenter resources on the law & economics of the "adtech" market.
— Int'l Ctr Law & Econ (@LawEconCenter) January 24, 2023
A new amicus brief filed with the 7th Circuit by @LawEconCenter and 20 distinguished scholars of law & economics highlights the importance of market definition in labor markets, as well as the proper antitrust approach to franchise-agreement terms.https://t.co/YUVvkJh58M
— Int'l Ctr Law & Econ (@LawEconCenter) January 12, 2023
Is the problem a competitive edge resulting from??access to data, targeted ads, or the supposed lack of choice given to users to opt-out of data processing? These are three different questions – but in Sec.19a GWB and the??statement of objections, they are intermeshed.? https://t.co/AXnK1lBJB9
— Lazar Radic (@laz_radic) January 11, 2023
1/19 While we may disagree about the merits of digital-markets regulation, appropriate procedural rules that safeguard parties’ rights are essential. WRT the timing and content of the Commission's Implementing Regulation underscores broader problems with the DMA.?
— Lazar Radic (@laz_radic) January 6, 2023
Many people have a visceral reaction to non-competes. How can a former employer block a worker from a new job? That's not their choice.
— Brian Albrecht (@BrianCAlbrecht) January 5, 2023
Whatever the optimal policy is (I'd say something far short of a ban), we need to understand why non-competes exist.
A short thread: https://t.co/nHSbl1JhV0
1/25 Those who would sacrifice procedural safeguards and rights of defense for the sake of "effective" enforcement will end up with neither. A belated ? on the Commission's Draft Implementing Regulation (DIR) of the DMA, and a warning to regulators.https://t.co/dfpIWZbPfX
— Lazar Radic (@laz_radic) January 26, 2023
1/ I've spent the past few years of my life steeped in the digital advertising market and Google's role in it.
— Eric Fruits, Ph.D. (@ericfruits) January 25, 2023
I've looked at the relevant market (or markets).https://t.co/fUsHMjFRMS
1/ Legal regulation of MEV extraction is one of the largest threats to decentralized, permissionless crypto that almost no one is talking about. This is not just about “? > straight to jail”. Imagine compulsory licensing for block producers or prosecutions of validators…
— Miko?aj Barczentewicz (@0xMikolaj) January 25, 2023
Don't ban noncompetes.
— Brian Albrecht (@BrianCAlbrecht) January 19, 2023
Economists have done amazing research on noncompetes over the past decade, much of it negative about noncompetes.
Still, I'm not convinced a national ban by the FTC is warranted.
Here's why ?https://t.co/iHfMg1tYAK
"The [Robinson-Patman Act] is highly technical and hasn’t been enforced by the FTC in decades."
— Brian Albrecht (@BrianCAlbrecht) January 12, 2023
One of these statements is true.
A ?, for non-lawyers from a non-lawyer, on the Robinson-Patman Acthttps://t.co/5qj6VPz8Jp
Per Brian Albrecht, in issuing its noncompetes NPRM, the FTC "went from doing hardly any work on noncompetes to a total ban. In no optimal policy model where the benevolent regulator is responding to information is that how a regulator would process and act on information."
— Alden Abbott (@AldenAbbott1) January 9, 2023
New rules proposed by the @FTC to ban noncompete agreements both exceed the commission’s rulemaking authority and threaten to erase the benefits that such agreements may provide to workers and firms alike, according to @LawEconCenter scholars.https://t.co/rNzTbwdBdp
— Int'l Ctr Law & Econ (@LawEconCenter) January 5, 2023