Regulación a las comisiones de tarjetas de pago
[The attached was published by La Academia de Centroamérica, a private, nonprofit research center based in Costa Rica, as an adaptation of the ICLE issue . . .
Regulación a las comisiones de tarjetas de pago
The FTC’s UMC Policy Statement: Untethered from Consumer Welfare and the Rule of Reason
On Nov. 10, 2022, the Federal Trade Commission (FTC) issued a new policy statement regarding the scope of “unfair methods of competition” (UMC) under Section 5 of the FTC Act. The new statement fills the gap left by the Commission’s July 2021 rescission of its 2015 policy statement.
The Income Conundrum: Intent and Effects Analysis of Digital Discrimination
Section 60506 of the Infrastructure Investment and Jobs Act (“IIJA”)—signed by President Joe Biden on Nov. 15, 2021—requires the Federal Communications Commission (“FCC”) to adopt final rules facilitating equal access to broadband Internet.
Efficient Liability Law When Parties Genuinely Disagree
This article compares the classic liability rules, negligence and strict liability, under the hypothesis that injurers and victims formulate subjective beliefs about the probabilities . . .
Illusions of Dominance?: Revisiting the Market Power Assumption in Platform Ecosystems
It is widely assumed that platform technology markets are inherently prone to converge on monopoly outcomes in which a single firm or a handful . . .
Two Approaches to Equality, with Implications for Grutter
The question “what is equality?”, applied to the distribution of resources across races, suggests the following answer: when there appears to be no need . . .
Effects of Risk Attitudes and Information Friction on Willingness to Pay for Precautionary Building Standards
Take-up rates for windstorm-resistant buildings remain relatively low even in areas with high exposure to hurricanes and tropical storms. To further investigate this issue, . . .
The Antitrust Assault on Ad Tech: A Law & Economics Critique
For years, regulators and competition watchdogs have expressed concern about competition in the digital advertising business. They note that digital advertising appears to be dominated by a few dominant firms, such as Google, Facebook, and—to a lesser extent—Amazon.
No Perfect Solutions for Market Imperfections
Markets are imperfect, and the suboptimal results are frequently used to justify government regulation. Government regulation, however, is also imperfect, and the suboptimal results . . .