doug melamed

794 posts

doug melamed

doug melamed

@dougmelamed

Katılım Eylül 2013
168 Takip Edilen1.1K Takipçiler
doug melamed
doug melamed@dougmelamed·
@PGunigantiAT @wagonweill If the Center will investigate with open minds whether and to what extent law should structure the economy, it would not be hard to find good economists. If the Center is intended to elaborate a preordained answer to that question, it has no place at a serious university.
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Pallavi Guniganti
Pallavi Guniganti@PGunigantiAT·
@wagonweill Can you suggest economists who agree with the center’s premise that law does & should structure the economy, and (strongly implied) more law is better?
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doug melamed
doug melamed@dougmelamed·
@capturehappy @BarbMcQuade The distinction is between furthering the purposes of the and faithfully executing the laws vs sacrificing those purposes and laws or compromising them to pursue political or corrupt purposes
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Barb McQuade
Barb McQuade@BarbMcQuade·
DOJ is now just another political lackey for the president, with no respect for the rule of law. We will have a lot of work to do to restore its independence. wsj.com/politics/polic…
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doug melamed
doug melamed@dougmelamed·
@superwuster Do you mean that the govt sent her to the OECD to represent the US, as is customary for the AAG, forced her resignation while she was there, and then refused to pay her airfare back?
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Tim Wu
Tim Wu@superwuster·
Rumor is that Gail Slater was forced by Pam Bondi to pay for her own ticket to fly back from the annual antitrust OECD meeting mailchi.mp/7ae8293f15f5/m…
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Protect Kamala Harris ✊
Protect Kamala Harris ✊@DisavowTrump20·
🚨NEW: Elon Musk has suspended U.S. Senator Amy Klobuchar's Twitter account. This comes as the Trump Administration and its allies ratchet up attacks on Minnesota in the aftermath of the ICE Renee Good killing. RETWEET if you stand with @AmyKlobuchar!
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doug melamed
doug melamed@dougmelamed·
@PGunigantiAT Plaintiff has to prove harm to competition. Bad conduct is not enough.
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Pallavi Guniganti
Pallavi Guniganti@PGunigantiAT·
If I am oversimplifying, appreciate corrections!
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Pallavi Guniganti
Pallavi Guniganti@PGunigantiAT·
I may be missing something, as this doesn’t strike me as complicated. If the means are known to be anticompetitive, then they are per se illegal regardless of outcomes (eg even if fixing wages happens to coincide this one time with higher output, it’s still illegal). 1/
doug melamed@dougmelamed

@lawprofblawg @Sherman1890 @TedTatos It’s important to distinguish the desired outcomes (e.g., price, output), from the means chosen. Antitrust is about prohibiting anticompetitive conduct that increases market power. Outcomes are not elements of the offense.

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doug melamed
doug melamed@dougmelamed·
@lawprofblawg @Sherman1890 @TedTatos It’s important to distinguish the desired outcomes (e.g., price, output), from the means chosen. Antitrust is about prohibiting anticompetitive conduct that increases market power. Outcomes are not elements of the offense.
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Lawprofblawg
Lawprofblawg@lawprofblawg·
@Sherman1890 @dougmelamed @TedTatos Even Werden (2024) doesn't buy that story, and I do not either. No one disputes output and price are important. They are not the only considerations. And SCOTUS did not claim that either.
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Lawprofblawg
Lawprofblawg@lawprofblawg·
It is an odd claim to assert that Neo B's don't do any empirical work, then tout IO as being a great standard of economic advancement, when it is seriously behind in terms of how other areas of economics measure welfare.
Herbert hovenkamp@Sherman1890

@lawprofblawg @LeeHepner IO has made extraordinary empirical progress in last 30 years; the fact that neo-Bs don't do empirical work has left them entirely flat-footed, not even seriously in the conversation. One lesson is that you need to have more than vibes.

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doug melamed
doug melamed@dougmelamed·
@TedTatos @Sherman1890 @lawprofblawg Antitrust is not concerned with only price and output, but focusing on them has almost nothing to do with overlooking monopsony power. Like seller market power, monopsony power can harm trading partners because of its effects on (reducing) price and output.
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Ted Tatos
Ted Tatos@TedTatos·
@Sherman1890 @lawprofblawg Thinking antitrust only concerns itself with price & output reflects the myopia that rendered mainstream IO oblivious to monopsony power for so many years. Alston, In Re High Tech, etc. were antitrust cases concerned with the exercise of market power on the input side.
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Maira
Maira@AiWithMaira·
Answer without AI win $1000
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doug melamed
doug melamed@dougmelamed·
@matthewstoller More proof, if any were needed, that the most pathetic ad hominem attacks are based on total ignorance. It’s also rather amusing that perhaps the most outspoken proponent of the so-called “antimonopoly” movement is lamenting the decline of a formally vilified monopolist.
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Matt Stoller
Matt Stoller@matthewstoller·
@dougmelamed ““From 2009 to 2014, Melamed was the Senior Vice President and General Counsel of Intel Corp” If you had any class you’d apologize for your role in destroying this American institution. But you don’t, so you spend your time tone policing people trying to clean up your mess.
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Matt Stoller
Matt Stoller@matthewstoller·
So Trump’s antitrust chief freaked out at me online, and then the next day announced a weak settlement with the lobbied up private equity company owned software company RealPage that is at the center of rent hikes nationwide. Happy Thanksgiving! thebignewsletter.com/p/an-odd-settl…
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Matt Stoller
Matt Stoller@matthewstoller·
@dougmelamed You helped destroy Intel and have destroyed everything you’ve ever touched, no one cares what you think or is concerned about your Ms Manners lesson.
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doug melamed
doug melamed@dougmelamed·
@profthomlambert @Sherman1890 Thom is 100% right. Sadly, the kind of baseless ad hominem attack he is responding to is routine for Trump and his supporters and too common from Progressives.
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Thom Lambert
Thom Lambert@profthomlambert·
Herb Hovenkamp (@Sherman1890) spent most of his career at Iowa Law, an excellent but non-elite law school. He could have gone anywhere. He devoted countless hours to stewarding one of the most respected and influential treatises in all of law. He could command huge bucks for his influence, but he does not do so. I’ve often disagreed with Herb, but he has been unfailingly generous despite our disagreements. He is kind to people who revile him on this platform. The idea that he is “bought” is beyond ludicrous.
Max M. Miller@MaxMMillerAT

Your position is endowed by a hedge fund. CTIC is funded by a who’s who of monopolists. And we all now know that Amazon’s internal communications indicate they direct your scholarship. You’re owned. And you looked out for your benefactors’ interests as they forged fascism.

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Aaron Blake
Aaron Blake@AaronBlake·
Erika Kirk's forgiveness of the killer recalls the 2015 white-supremacist massacre at a Charleston church. In both cases, the family of the victims expressed forgiveness. But Obama's and Trump's commentaries on this were very different.
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Keşfet

@PGunigantiAT @wagonweill @capturehappy @BarbMcQuade @superwuster @amyklobuchar @lawprofblawg @Sherman1890