Regulation’s effects on innovation in energy technologies: the experimentation connection

Lynne Kiesling Remember the first time you bought a mobile phone (which in my case was 1995). You may have been happy with your land line phone, but this new mobile phone thing looks like it would be really handy in an emergency, so you-in-1995 said sure, I’ll get a cell phone, but not really … More Regulation’s effects on innovation in energy technologies: the experimentation connection

Antitrust and Google search bias

Lynne Kiesling For the past year and a half the Federal Trade Commission has been investigating the potential anti-competitive effects of Google’s search-based business model. The European Union has also been pursuing antitrust complaints against Google. The main accusation is Google search bias — Google’s algorithm prioritizes links both to paid advertisers (which are shaded … More Antitrust and Google search bias

Another good response to the Obama administration’s mistaken antitrust policy

Michael Giberson George Priest, professor of economics and law at Yale, clearly outlines the main errors of the Obama administration’s decision to oppose the AT&T/T-Mobile merger and cites relevant evidence backing the view: It is very difficult at an abstract level to know what the effects of a merger or acquisition will be on competition … More Another good response to the Obama administration’s mistaken antitrust policy

Suderman on spectrum

Lynne Kiesling As an addendum to my earlier post on the DOJ’s challenge of the AT&T/T-Mobile merger, Peter Suderman at Reason has an informative post (with good links@) making essentially the same point as mine. The more the merrier!

Quality, broadband, and spectrum: What the DOJ’s AT&T/T-Mobile lawsuit misses

Lynne Kiesling Yesterday’s announcement that the US DOJ would challenge the merger of AT&T’s wireless business with T-Mobile’s was surprising, and their approach to the merger seems to be more conventional and rooted in old HHI-market share and price effect metrics. Their analysis suggests that due to the substantial overlap in the existing separate AT&T … More Quality, broadband, and spectrum: What the DOJ’s AT&T/T-Mobile lawsuit misses

Another court dismisses price fixing, price gouging claims against Martha’s Vineyard gasoline retailers

Michael Giberson The Martha’s Vineyard Times: A panel of judges sitting in the federal First Circuit Court of Appeals has upheld a lower court ruling that gasoline prices on Martha’s Vineyard have not been illegally inflated by a conspiracy among retailers, according to a report by “The Docket,” the news blog of Massachusetts Lawyers Weekly. … More Another court dismisses price fixing, price gouging claims against Martha’s Vineyard gasoline retailers

Another comment on United States v. Keyspan Corporation

Michael Giberson “By the Justice Department’s calculations, Keyspan’s anti-competitive actions resulted in it receiving almost $49 million. The settlement submitted by the Justice Department would let Keyspan keep $37 million from its anti-competitive actions. Netting $37 million for anti-competitive conduct is not a penalty, it is not a deterrent, it is a reward.” “Anything short … More Another comment on United States v. Keyspan Corporation

Publishers and ebooks: innovation, DRM, and resale price maintenance

Lynne Kiesling I hope all of you economists out there are following the current brouhaha between Amazon and the publisher Macmillan, because the number of fascinating economics issues is stunning. In brief, Macmillan is one of the publishers working with Apple on the iPad and Apple’s ebook store. At the same time (I remain agnostic … More Publishers and ebooks: innovation, DRM, and resale price maintenance