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Inter-Agency Teleseminar Showdown

TOTM You may recall we’ve been blogging quite a bit about the FTC and DOJ scuffle over Section 2 (See here and here). On Thursday, December . . .

You may recall we’ve been blogging quite a bit about the FTC and DOJ scuffle over Section 2 (See here and here). On Thursday, December 11th, the ABA Antitrust Division is sponsoring a Teleseminar that will feature my former FTC colleague Ken Glazer (Deputy Director, Bureau of Competition, Federal Trade Commission), Bill Kolasky (WilmerHale, and rumored candidate for AG job), and James J. O’Connell, Jr. (Deputy Assistant Attorney General, Antitrust Division, Department of Justice).  Jennifer Driscoll (Mayer Brown) will be moderating.

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Antitrust & Consumer Protection

This Liberal Will Be All About Socializing … Uhhh … Basically … Taking Over and the Government Running All of Your Companies

TOTM That is from Maxine Waters (HT: Luke Froeb). It is increasingly difficult these days to figure out whether socialization/ nationalization is a threat or a . . .

That is from Maxine Waters (HT: Luke Froeb). It is increasingly difficult these days to figure out whether socialization/ nationalization is a threat or a promise.

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Price Gouging: The Latest Victims

Popular Media Please join me in support for poor, beleaguered gas station owners, the victims of unconscionable price gouging by ruthless consumers who are taking advantage of . . .

Please join me in support for poor, beleaguered gas station owners, the victims of unconscionable price gouging by ruthless consumers who are taking advantage of market conditions to reduce their demand for gasoline, driving down the price by nearly $2 per gallon over the last four months.

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Telecommunications & Regulated Utilities

The Antitrust Rumormill …

TOTM So, now that the election is over, it must be time to start speculating as to who will fill what spots in the Obama administration. . . .

So, now that the election is over, it must be time to start speculating as to who will fill what spots in the Obama administration. I already made some predictions about what an Obama antitrust regime might look like, but who will be running the show at the DOJ and the FTC? The Deal reports some possibilities at DOJ: Doug Melamed, William Kolasky, Jan McDavid, and Bill Baer.

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Antitrust & Consumer Protection

Antitrust under President Obama: “I will direct my administration to reinvigorate antitrust enforcement”

TOTM Danny Sokol makes some predictions about Post-Obama antitrust, and about my disappointment in what he perceives to be the likely direction of antitrust policy in . . .

Danny Sokol makes some predictions about Post-Obama antitrust, and about my disappointment in what he perceives to be the likely direction of antitrust policy in the Obama administration…

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Antitrust & Consumer Protection

NY Times Endorses Pre-Chicago Antitrust

TOTM The NY Times (HT: Danny Sokol) decided to run an editorial blasts the DOJ’s Section 2 Report, asserting that the “antitrust division is supposed to . . .

The NY Times (HT: Danny Sokol) decided to run an editorial blasts the DOJ’s Section 2 Report, asserting that the “antitrust division is supposed to be the agency looking out for the interests of American consumers, not big companies — a role it has clearly forgotten over the last eight years” citing the familiar bullet points (e.g. “Throughout the entire Bush administration, it has not brought a single case against a dominant firm for anticompetitive behavior and “it has argued enthusiastically on behalf of monopolists before the Supreme Court”).  Its a superficial treatment of the issues at best (see here or here for my views and some links to others).

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Antitrust & Consumer Protection

Obama “Voted With the Socialist” 92% of the Time

TOTM The Mizzou campus is all atwitter today over a scheduled appearance this evening by the world’s biggest celebrity — my old constitutional law prof, Barack . . .

The Mizzou campus is all atwitter today over a scheduled appearance this evening by the world’s biggest celebrity — my old constitutional law prof, Barack Obama. As I write this, I’m watching the Obama folks prepare for the rally, which is to take place on the quad my office overlooks. I must say, it’s a pretty impressive operation.

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Speaking of Resale Price Maintenance …

TOTM It looks like the FTC is interested in doing more than just investigating RPM (see Thom’s excellent post), as the agency just announced a series . . .

It looks like the FTC is interested in doing more than just investigating RPM (see Thom’s excellent post), as the agency just announced a series of public workshops on the question of how best to distinguish pro-competitive uses of RPM from those that raise competitive concerns.

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Antitrust & Consumer Protection

FTC’s Latest RPM Investigation: Sound and Fury Signifying Nothing?

TOTM Once again displaying its tenacious devotion to old Dr. Miles, the FTC is investigating whether makers of musical instruments and audio equipment have engaged in . . .

Once again displaying its tenacious devotion to old Dr. Miles, the FTC is investigating whether makers of musical instruments and audio equipment have engaged in illegal resale price maintenance (RPM). Yesterday’s WSJ reported that the Commission has issued subpoenas to a number of prominent musical instrument manufacturers, including Fender, Yamaha, and Gibson, as well as to the retailer, Guitar Center, Inc. The Commission is apparently seeking to determine whether the manufacturers’ minimum advertised price (MAP) programs, which forbid retailers from advertising prices below some minimum level, amount to unreasonable vertical restraints of trade. In the post-Leegin world, even those MAP programs that amount to agreements to set retail prices are not automatically illegal. Instead, a challenger must establish their anticompetitive effect.

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Antitrust & Consumer Protection