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Federal Trade Commission – ICLE Senior Fellow Lazar Radic was cited by FTC Commissioner Christine S. Wilson in a speech to the Joint Conference on Precautionary . . .
Federal Trade Commission – ICLE Senior Fellow Lazar Radic was cited by FTC Commissioner Christine S. Wilson in a speech to the Joint Conference on Precautionary Antitrust. You can read full speech here.
Lazar Radic has described how these concepts become interwoven with the concepts of capitalism and competition in the Marxist worldview. In a market economy, capitalists seek to gain an advantage over their rivals by driving down costs, increasing productivity, and decreasing the price of goods and services. They reinvest the surplus value (wrongfully) appropriated from labor to facilitate increases in productivity and acquisitions that increase scale. In other words, competition is the engine of capitalism. And the capitalist that can lower costs, appropriate the most surplus value, and reinvest the most is both the most exploitative and the best-positioned vis a vis its rivals. The bottom line, according to Marx, is that capitalists steal from workers to obtain scale, lower costs, cheapen commodities, and beat their rivals in the market.
Live Insurance News – ICLE Editor-in-Chief R.J. Lehmann was cited in Live Insurance News in a story about changes to the National Flood Insurance Program. You . . .
Live Insurance News – ICLE Editor-in-Chief R.J. Lehmann was cited in Live Insurance News in a story about changes to the National Flood Insurance Program. You can read full story here.
“The sclerosis of Congress may allow a good thing to happen in this case,” said International Center for Law & Economics flood insurance expert R.J. Lehmann in a recent E&E News report. “Those who would block it understand they don’t have the votes.”
Global Competition Review – An article in Global Competition Review cited the amicus brief ICLE filed with the 9th U.S. Circuit Court of Appeals in the . . .
Global Competition Review – An article in Global Competition Review cited the amicus brief ICLE filed with the 9th U.S. Circuit Court of Appeals in the case of Epic Games v. Apple. You can read the full piece (behind a subscriber firewall) here.
In their brief before the Ninth Circuit, the International Center for Law & Economics (ICLE) and 26 law and economics professors wrote that Epic has failed to demonstrate that Apple’s conduct harms competition in the overall mobile ecosystem or even across both sides of the App Store’s narrower two-sided market.
Politico – ICLE Editor-in-Chief R.J. Lehmann was cited by Politico in a story about changes to the National Flood Insurance Program. You can read full story . . .
Politico – ICLE Editor-in-Chief R.J. Lehmann was cited by Politico in a story about changes to the National Flood Insurance Program. You can read full story here.
“The sclerosis of Congress may allow a good thing to happen in this case,” said R.J. Lehmann, a flood-insurance expert at the International Center for Law & Economics.
Global Competition Review – An article in Global Competition Review cited the amicus brief ICLE filed with the 9th U.S. Court of Appeals in the case . . .
Global Competition Review – An article in Global Competition Review cited the amicus brief ICLE filed with the 9th U.S. Court of Appeals in the case of Epic Games v Apple. You can read the full piece (behind a subscriber firewall) here.
MLex – An article in MLex cited the amicus brief ICLE filed with the 9th U.S. Court of Appeals in the case of Epic Games v . . .
MLex – An article in MLex cited the amicus brief ICLE filed with the 9th U.S. Court of Appeals in the case of Epic Games v Apple. You can read the full piece (behind a subscriber firewall) here.
MLex Summary: The International Center for Law & Economics and a group of scholars of law and economics told a US appeals court that Epic Games is trying to recast its objection to Apple’s 30 percent commission for use of its optional in-app payments system as a harm to consumers and competition. They urged the US Court of Appeals for the Ninth Circuit to affirm the dismissal of Epic’s antitrust claims against Apple, arguing that Epic focused only on the effects that Apple’s conduct had on certain app developers and failed to appropriately examine whether consumers were harmed overall.
ClimateWire – ICLE Editor-in-Chief R.J. Lehmann was quoted by ClimateWire in a story about the scheduled rollout of the National Flood Insurance Program’s Risk Rating 2.0 . . .
ClimateWire – ICLE Editor-in-Chief R.J. Lehmann was quoted by ClimateWire in a story about the scheduled rollout of the National Flood Insurance Program’s Risk Rating 2.0 program. You can read full story here.
“The sclerosis of Congress may allow a good thing to happen in this case,” said R.J. Lehmann, a flood-insurance expert at the International Center for Law & Economics. “Those who would block it understand they don’t have the votes.” …“The divides that remain over the core legislation have not been resolved, and it doesn’t look like there’s much progress in resolving them,” said Lehmann, who testified at a Senate Banking, Housing and Urban Affairs Committee hearing in May on the NFIP overhaul. “It does not appear to me there’s any appetite to take up significant changes.” …“It’s an election year, and in an election year given the agenda before Congress, this doesn’t seem like an easy one to resolve,” said Lehmann, the insurance expert.
“The sclerosis of Congress may allow a good thing to happen in this case,” said R.J. Lehmann, a flood-insurance expert at the International Center for Law & Economics. “Those who would block it understand they don’t have the votes.”
…“The divides that remain over the core legislation have not been resolved, and it doesn’t look like there’s much progress in resolving them,” said Lehmann, who testified at a Senate Banking, Housing and Urban Affairs Committee hearing in May on the NFIP overhaul. “It does not appear to me there’s any appetite to take up significant changes.”
…“It’s an election year, and in an election year given the agenda before Congress, this doesn’t seem like an easy one to resolve,” said Lehmann, the insurance expert.
Washington Examiner – ICLE Senior Scholar Lazar Radic was quoted by the Washington Examiner in a story comparing the EU’s new Digital Markets Act with proposed . . .
Washington Examiner – ICLE Senior Scholar Lazar Radic was quoted by the Washington Examiner in a story comparing the EU’s new Digital Markets Act with proposed U.S. antitrust rules. You can read full story here.
Lazar Radic, a Madrid-based senior scholar with the International Law and Economics Center, told the Washington Examiner that “the DMA and the antitrust bills under consideration by Congress cover more or less the same conduct by the same companies and in the same markets.” “Where they differ is that the U.S. bills generally allow companies more opportunities to challenge prosecutions,” Radic said. “For example, Sen. Amy Klobuchar’s bill allows for carve-outs, not just to protect safety and user privacy but also to maintain or even substantially enhance a platform’s core functions. Nothing like that is possible under the DMA. Still, we will have to wait and see how these defenses play out in court.”
Lazar Radic, a Madrid-based senior scholar with the International Law and Economics Center, told the Washington Examiner that “the DMA and the antitrust bills under consideration by Congress cover more or less the same conduct by the same companies and in the same markets.”
“Where they differ is that the U.S. bills generally allow companies more opportunities to challenge prosecutions,” Radic said. “For example, Sen. Amy Klobuchar’s bill allows for carve-outs, not just to protect safety and user privacy but also to maintain or even substantially enhance a platform’s core functions. Nothing like that is possible under the DMA. Still, we will have to wait and see how these defenses play out in court.”
WalletHub – ICLE Editor-in-Chief R.J. Lehmann was quoted by WalletHub in a piece about auto insurance discounts and challenges for members of the U.S. Armed Forces. . . .
WalletHub – ICLE Editor-in-Chief R.J. Lehmann was quoted by WalletHub in a piece about auto insurance discounts and challenges for members of the U.S. Armed Forces. You can read full story here.
The military community has always been attractive to auto insurers because, on balance and over time, they have proven to be good risks who drive carefully and are less likely to make claims than the public-at-large. That is why many insurers offer generous discounts to members of the military and their immediate families. At the same time, some challenges in the auto insurance market fall heavier on members of the Armed Forces. Because insurance is regulated at the state level, getting reassigned to a new base can mean having to change carriers and go through the underwriting process all over again. Those who are deployed overseas may let their auto insurance lapse. That can be a problem in states that allow insurers to consider ‘persistency’ — how long you have continuous coverage — as an underwriting factor. When selecting an auto insurance carrier, in addition to the premium and financial strength, it can be important to consider these other factors, like how many states the insurer writes coverage in and whether they offer the option to suspend, but not cancel, coverage while you are deployed.