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Peking University IEPR Antitrust Conference

TOTM Today marked the completion of the J. Mirrlees Institute of Economic Policy Research (IEPR) Conference on China’s Competition Policy and Anti-Monopoly Law at Peking University . . .

Today marked the completion of the J. Mirrlees Institute of Economic Policy Research (IEPR) Conference on China’s Competition Policy and Anti-Monopoly Law at Peking University in Beijing. I was thrilled to be invited to participate in the conference. A special thanks to Hongbin Cai of Peking University for the invitation, and for organizing an all around wonderful event.

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Antitrust & Consumer Protection

Edwards, Antitrust, and the Return of Von’s Grocery?

TOTM AAI continues its series of antitrust policy statements from presidential candidates with a submission from John Edwards. Again, I’m very pleased that the AAI was . . .

AAI continues its series of antitrust policy statements from presidential candidates with a submission from John Edwards. Again, I’m very pleased that the AAI was successful in getting this series of submissions together and inducing candidates to share their thoughts on antitrust policy. So what does Edwards have to say?

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Antitrust & Consumer Protection

We Are Not Just Going to Stand Here, We Are Going to Do Something!

TOTM That seems to be the message of presidential candidate/ Senator Barak Obama’s response to the American Antitrust Institute’s questions on antitrust (HT: Antitrust Review). First . . .

That seems to be the message of presidential candidate/ Senator Barak Obama’s response to the American Antitrust Institute’s questions on antitrust (HT: Antitrust Review). First off, kudos to Obama for stating his position on antitrust in a public forum. I hope the rest of the candidates will do the same. Do go read the whole thing.

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Antitrust & Consumer Protection

Froeb on Economics in Whole Foods

TOTM Here’s a taste of the reaction of former FTC Bureau of Economics Director Luke Froeb to some of the economic analysis in the recent Whole . . .

Here’s a taste of the reaction of former FTC Bureau of Economics Director Luke Froeb to some of the economic analysis in the recent Whole Foods merger case…

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Antitrust & Consumer Protection

I am so smart, s-m-r-t. . . I mean, s-m-a-r-t.

TOTM I’m not one to gloat. Ok, yes i am.  As Thom indicated, the court reached what I believe is the right result in the Whole . . .

I’m not one to gloat. Ok, yes i am.  As Thom indicated, the court reached what I believe is the right result in the Whole Foods case yesterday. I’ve been beating this drum since the merger challenge was announced (I won’t bother linking, yet again, to the series of posts.  Search for “Whole Foods” up there in the top left corner, if you’re interested).  The court’s order indicates that we can expect a redacted (93 page) decision sometime soon. I very much look forward to it.

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Antitrust & Consumer Protection

Manne Vindicated!

TOTM Geoff made all the right arguments on the FTC’s embarrassing effort to thwart the Whole Foods/Wild Oats merger. Indeed, he was one of the first . . .

Geoff made all the right arguments on the FTC’s embarrassing effort to thwart the Whole Foods/Wild Oats merger. Indeed, he was one of the first to do so and thereby earned an honored link on Whole Foods’ website.

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Antitrust & Consumer Protection

How to Survive A Motion to Dismiss After Twombly

TOTM David Fischer at Antitrust Review points to a decision out of the Eastern District of Pennsylvania where plaintiffs’ allegations of conspiracy in violation of Section . . .

David Fischer at Antitrust Review points to a decision out of the Eastern District of Pennsylvania where plaintiffs’ allegations of conspiracy in violation of Section 1 of the Sherman Act survived a motion to dismiss. Recall that Twombly rejected the “any set of facts” or “conceivability” standard set forth in Conley v. Gibson in favor of a “plausibility” standard (see, e.g. Manfred Gabriel’s article in the Antitrust Source exploring Twombly‘s implications).

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Antitrust & Consumer Protection

Chicago, Post-Chicago, Post-Post-Chicago: On Using Shorthand Labels Responsibly

TOTM Over the past few weeks I’ve read at least two dozen papers, mostly by legal scholars (but some by economists) employing or critiquing economic analysis . . .

Over the past few weeks I’ve read at least two dozen papers, mostly by legal scholars (but some by economists) employing or critiquing economic analysis of law, that use the term “Chicago School,” in a critical and misleading way.  Conventionally, use of this nomenclature comes along with a claim that “Chicago School” economics is code for a particular form of non-interventionist, politically conservative philosophy based upon only an unjustified “faith” in markets.

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Antitrust & Consumer Protection

Newsflash! AAI supports merger review!

TOTM In shocking news, the American Antitrust Institute has come out with a white paper suggesting that the FTC’s challenge of the Whole Foods/Wild Oats merger . . .

In shocking news, the American Antitrust Institute has come out with a white paper suggesting that the FTC’s challenge of the Whole Foods/Wild Oats merger is warranted…

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Antitrust & Consumer Protection