Brett Kavanaugh is expected to bring his pro-business bent to the Supreme Court; the DOJ is appealing the AT&T-Time Warner merger approval; Britain fines Facebook and the EU is expected to fine Google; and who really benefits from the GOP’s tax cuts?
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In an interview with ProMarket, former Bank of England deputy governor Sir Paul Tucker explains why the “unelected power” of central bankers threatens our system of government.
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SCOTUS Forum. The University of Kentucky’s Ramsi Woodcock argues that the problem with the Ohio v. Amex ruling is not that the Supreme Court got the outcome wrong, but that under current law—the consumer welfare standard—the Court got the outcome right.
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Scott Pruitt resigns from the EPA; a new report finds that digital platforms are not fully complying with the EU’s new privacy rules; Google, meanwhile, has a new privacy scandal; a month after its acquisition of Time Warner was approved, AT&T is already raising prices for its streaming TV customers; and former Treasury Secretary Timothy Geithner’s new career draws criticism.
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SCOTUS Forum. In this second post in our roundtable of op-eds on the Supreme Court’s June 25 Amex decision, UChicago’s Randy Picker looks at how the opinion incorporated the theory of two-sided markets and the merits of the claim that Amex’s anti-steering rules are in fact pro-competitive.
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SCOTUS Forum. In the first of a roundtable of op-eds on the Supreme Court’s Amex decision of June 25, Chris Sagers harks back to William Howard Taft’s warning that entertaining defenses of patently anticompetitive behavior would be to “set sail on a sea of doubt.” The Amex decision, writes Sagers, shows Taft was right.
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The Supreme Court’s Ohio v. American Express has few admirers; the financial disclosure of the new director of the FTC’s Bureau of Consumer Protection reveals a long list of previous corporate clients; Amazon is getting into US health care; and can Netflix avoid the techlash?
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AT&T’s acquisition of Time Warner continues to make waves; a New York federal judge says the entire Consumer of Financial Protection Bureau needs to be eliminated; the Koch Brothers are enlisting sophisticated data tool to fight against public transit; and which private contractors stand to benefit from the administration’s immigration policies?
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A Stigler Center panel examines the influence of Big Five tech firms over political discourse and the marketplace of ideas.
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The AT&T-Time Warner merger is approved, further fueling the media merger frenzy and providing the Second Gilded Age with “another layer of gold”; net neutrality is officially dead, and media ownership rules are once again on the table; and should every American have his own account with the Federal Reserve?
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Google gives up Project Maven following “terrible” backlash; angry Facebook shareholders demand an end to Mark Zuckerberg’s “dictatorship”; American startups are in a 13-year slump; and Italy has a new government.
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A new study by researchers at the University of Warwick investigates the relationship between Donald Trump’s tweets and anti-Muslim hate crime—with sobering results for social media optimists.
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