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Hovenkamp on the Indirect Purchaser Rule

TOTM I’ve had the pleasure of spending the last few weeks curled up with Herbert Hovenkamp’s wonderful new book, The Antitrust Enterprise: Principle and Execution, which . . .

I’ve had the pleasure of spending the last few weeks curled up with Herbert Hovenkamp’s wonderful new book, The Antitrust Enterprise: Principle and Execution, which I’m reviewing for the Texas Law Review. Hovenkamp is a sharp thinker and a wonderfully clear writer, and the book is a fantastic read for scholars and students alike. As a reviewer, though, I’m charged with pointing out the weak spots. Hovenkamp’s discussion of Illinois Brick‘s indirect purchaser rule is, I believe, one of those spots.

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Antitrust & Consumer Protection

Why Spitzer’s Payola Attacks Will Harm Consumers

TOTM WSJ Law Blog and the WSJ report that Universal Music has now settled with the NY AG’s office for $12 million as a result of . . .

WSJ Law Blog and the WSJ report that Universal Music has now settled with the NY AG’s office for $12 million as a result of Spitzer’s continued attack on what he describes as “corrupt practices” in the music industry. (HT: Bill) The settlement also requires Universal, like Sony BMG and EMG before it, to cease and desist all payola-related activities. The WSJ story reports that EMG, the final major industry player, should settle within the month, making final Spitzer’s payola ban.

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Telecommunications & Regulated Utilities