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Resources: popular media

September 17, 2019

Vertical Mergers: Fast Food, Folklore, and Fake News

Eric Fruits
While the folklore of locking up distribution channels to eliminate double marginalization fits nicely with theory, the facts suggest a more mundane model of a firm scrambling to deliver shareholder wealth through diversification in the face of changing competition.
Antitrust & Consumer Protection
September 13, 2019

The Real Story about Amazon, Counterfeit Listings, and Minimum Advertised Price (MAP) Policies

Geoffrey A. Manne & Kristian Stout & Alec Stapp
Amazon is again accused of being a predatory pricer, once again the evidence and theory to support this is nonexistent. Shaoul Sussman's complicated argument that the use of grey market sellers to force higher prices throughout the economy, doesn't add up.
Antitrust & Consumer Protection
September 12, 2019

What’s the Harm of Targeted Ads on Children’s Content Anyway?

Ben Sperry
The shift in oversight responsibility from parents to the FTC will likely lead to less-effective oversight, more difficult user interfaces, less children’s programming, and higher costs for everyone — all without obviously mitigating any harm in the first place.
September 10, 2019

The Digital Policy of the Next EU Commission: All roads Lead to Margrethe Vestager

Dirk Auer
If the EU wants to turn itself into a digital economy powerhouse, it will have to switch towards light-touch regulation that allows firms to experiment with disruptive services, flexible employment options, and novel monetization strategies.
Antitrust & Consumer Protection
September 5, 2019

Kochland: An Inadvertent Paean to the Glories of the Free Market

Kristian Stout
Kochland is a quick read that presents a gripping account of one of America’s corporate success stories. Even those who hate the Koch brothers on account of politics would do well to learn from the model of entrepreneurial success that Kochland cannot help but describe in its pages.
Antitrust & Consumer Protection
September 3, 2019

The District Court’s FTC v. Qualcomm Decision Rests on Impermissible Inferences and Should Be Reversed

Geoffrey A. Manne & Ben Sperry
Contrary to established Supreme Court precedent, the district court’s decision relies on mere inferences to establish anticompetitive effect. The decision, if it stands, would render a wide range of potentially procompetitive conduct presumptively illegal and thus harm consumer welfare.
Antitrust & Consumer Protection
August 28, 2019

In FTC v. Qualcomm, Judge Koh Gets Lost in the Weeds

Dirk Auer
TOTM: The following is the eighth in a series of posts by TOTM guests and authors on the FTC v. Qualcomm case recently decided by Judge Lucy Koh in the Northern District of California. The blog post is based on a forthcoming paper regarding patent holdup, co-authored by Dirk Auer and Julian Morris.
Intellectual Property
August 27, 2019

7 Things Netflix’s ‘The Great Hack’ Gets Wrong About the Facebook–Cambridge Analytica Data Scandal

Alec Stapp
Despite its tone and ominous presentation style, The Great Hack fails to muster any support for its extreme claims. The truth is much more mundane: the Facebook-Cambridge Analytica data scandal was neither a “hack” nor was it “great” in historical importance.
Data Security & Privacy
August 21, 2019

A Regulatory Failure of Imagination

Julian Morris & Kristian Stout
The music licensing market is stuck in a paradigm from the early twentieth century thanks to the DOJ's PRO consent decrees. Its time to terminate the decrees and let the markets discover better solution for music licensing.
Intellectual Property
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