International Center for Law & Economics

04/07/2020

Public intellectuals are in universal agreement that the government should dramatically curtail our freedom of movement in order to reduce the risk and damage from COVID-19, but proposals to use geolocation data to facilitate contact tracing are much more controversial. Since testing and tracking will be the only way to relieve us from lockdowns before herd immunity is established, our cultural commitment to privacy is in direct conflict with other fundamental liberties. Jane R. Bambauer argues that reflexive reactions to data-sharing show that individual control over personal data is inappropriate in times of crisis. They also expose a defect in our privacy theories that runs deeper than the coronavirus crisis, and should raise questions about how we regulate privacy even outside periods of distress.

[TOTM: The following is part of a blog series by TOTM guests and authors on the law, economics, and policy of the ongoing COVID-19 pandemic. The entire series of posts is available here. This post is authored by Jane Bambauer, (Professor of Law, University of Arizona James E. Rogers College of Law]....

03/24/2020

What does the law & economics of responses to the COVID-19 pandemic look like?

Truth on the Market is hosting a new blog series covering how innovation helps us work around many of the problems we face.

The following is the first in a new blog series by TOTM guests and authors on the law, economics, and policy of the ongoing COVID-19 pandemic. The entire series of posts is available at https://truthonthemarket.com/symposia/the-law-economics-of-the-covid-19-pandemic/.

02/06/2020

We're kicking off our two-day blog symposium on The 2020 Draft Joint Vertical Merger Guidelines with Herbert Hovenkamp's "The Draft Vertical Merger Guidelines Are an Important Step for the Economic Analysis of Mergers"

[TOTM: The following is part of a symposium by TOTM guests and authors on the 2020 Vertical Merger Guidelines. The entire series of posts is available here. This post is authored by Herbert Hovenkamp (James G. Dinan University Professor, University of Pennsylvania School of Law and the Wharton Schoo...

02/04/2020

Truth on the Market is pleased to announce its next blog symposium: The 2020 Draft Joint Vertical Merger Guidelines: What’s in, what’s out — and do we need them anyway? February 6 & 7, 2020 Symposium background On January 10, 2020, the DOJ Antitrust Division and the Federal Trade Commission released Draft Joint Vertical Merger Guidelines for public comment. If adopted by the agencies, the guidelines would mark the first time since 1984 that U.S. [ 685 more words ]

On February 6 and 7, 2020, Truth on the Market will host a blog symposium on the 2020 Draft Joint Vertical Merger Guidelines

01/30/2020

ICLE is proud to announce that many articles from its scholars and affiliates were nominated for Concurrences Antitrust Writing awards in both the Academic and Business article categories. https://awards.concurrences.com/ Concurrences

The 2020 Antitrust Writing Awards contribute to this achievement by selecting the best antitrust writings published in 2019. The Awards consist of:  “Best Articles”: best academic, business, and student articles written by one or few individual authors.  “Best Soft Law”: best non-enforceme...

01/21/2020

ICLE is hiring a Senior Research Fellow! Working collaboratively with the ICLE team and its network of affiliated academics, the Research Fellow will produce high-quality work ranging from academic research suitable for publication in respected journals to regulatory comments, amicus briefs, and policy studies to op-eds, blog posts and analyses targeted for general-interest audiences.

https://laweconcenter.org/icle-is-hiring-a-senior-research-fellow/

12/30/2019

Should Antitrust expand beyond the Consumer Welfare Standard to include social and political issues?

In the last Truth on The Market Blog Symposium of 2019 Steve Cernak, Luigi Zingales & Filippo Maria Lancieri, Geoffrey A. Manne & Alec Stapp, Valentin Mircea, Ramsi Woodcock, Kristian Stout, and Cento Veljanoski seek to offer a more substantive and balanced discussion in “The Politicization of Antitrust”.
https://truthonthemarket.com/2019/12/30/the-politicization-of-antitrust-blog-symposium/

12/30/2019

[TOTM: The following is the third in a series of posts by TOTM guests and authors on the politicization of antitrust. The entire series of posts is available here.] This post is authored by Geoffrey A. Manne, president and founder of the International Center for Law & Economics, and Alec Stapp, Research Fellow at the International Center for Law & Economics. [ 3,944 more words ]

[TOTM: The following is the third in a series of posts by TOTM guests and authors on the politicization of antitrust. The entire series of posts is available here.] This post is authored by Geoffrey A. Manne, president and founder of the International Center for Law & Economics, and Alec Stapp, Rese...

12/26/2019

Some antitrust scholars argue that vertical integration to avoid price regulation should be discouraged, if not presumed anticompetitive. In https://icle.xyz/MrWatson, Eric Fruits, notes that it’s one thing to argue that avoiding price regulation runs counter to public interest, but it’s another thing to argue that avoiding price regulation is anticompetitive. Indeed, as George Stigler argues, if the price controls stifle competition, then avoidance of the controls may enhance competition. Placing such mergers under heightened scrutiny, such as an anticompetitive presumption, is a solution in search of a problem.

Jonathan B. Baker, Nancy L. Rose, Steven C. Salop, and Fiona Scott Morton don’t like vertical mergers: Vertical mergers can harm competition, for example, through input foreclosure or customer foreclosure, or by the creation of two-level entry barriers.  … Competitive harms from foreclosure can...