387 Photos and videos
Would JetBlue be viable today if its acquisition of Spirit had gone through? I'm not convinced. Great story from Leah Nylen @bloomberg.
3
6
18
3,121
At the risk of sounding blunt, this is a bad take. One of the core ideas is actually that the old status quo--a whole bunch of often-conflicting assumptions and arguments packaged as "consumer welfare"--was pretty bad at achieving its own stated goal of lowering prices.
5
3
11
4,471
Nexstar's main argument for why it needs to buy Tegna (besides firing workers) is trouble competing against Big Tech. But great reporting @Bloomberg captures how Nexstar's rash decision in the face of an antitrust challenge has badly hamstrung Tegna.
bloomberg.com/news/articles/…
7
8
3,540
🚨Swag alert🚨 First 50 people through the doors next Friday @memlawschool's upcoming Labor Antimonopoly conference will make off with a free jar of Rendezvous BBQ dry rub!!!
Free to attend, RSVP here: forms.gle/RyU7wEfeRcEJi7KM6
4
11
1,889
One aspect of the JetBlue/Spirit saga I haven't seen much discussion of is that the merger breakup fee JetBlue owed Spirit for its failed takeover bid was quite low, just ~1.8% of reported deal value. Far less than the *average* fee, for a deal Spirit's own board called illegal.
1
3
831
As someone who has actually shopped for housing in Memphis, I can pretty confidently say that "all of Memphis" is still way too broad if you're actually trying to understand localized housing markets.
4
5
9
4,726
A clear, concise example of how Amazon's conduct prevents would-be rivals from gaining business by offering lower prices.
Apr 16
1. New evidence shows Amazon compelling specific sellers to hike their prices on other shopping sites. This is from depositions @guardian obtained from the California antitrust case. Expect a lot more to come out at trial. This drives prices up & is why Amazon has an iron grip.
2
19
57
6,628
Forget about Indiana, which on a closer read keeps this powder dry for horizontal price-fixing. Here's Ohio, New Jersey, and Wisconsin, in that order:
Fun fact: under Indiana's antitrust law, Live Nation/Ticketmaster should now be banned from doing any business in the state. Their statute makes it a mandatory remedy!
2
13
62
9,223
Fun fact: under Indiana's antitrust law, Live Nation/Ticketmaster should now be banned from doing any business in the state. Their statute makes it a mandatory remedy!
12
177
1,374
42,511
What's next in the Live Nation/Ticketmaster monopolization saga? The awkward, midstream settlement by USDOJ was presumably intended to make the case go away, but it may well have the opposite effect. It could set a floor for remedies and increase the chance of a breakup.
3
10
51
3,117
If you're looking for a good write-up, @MillmanEthan has one up at The Hollywood Reporter:
hollywoodreporter.com/music/…
6
290
#Antitrust Event Alert: “Countervailing Power: Antimonopoly for Workers” in Memphis on May 15. Along with my co-organizer Eric Posner (UChicago), we've assembled a rockstar lineup of speakers. Free to attend. RSVP via QR code below.
Short 🧵 on panel topics follows: ⏬ (1/3)
4
12
33
4,123
Oh, and here's a URL to RSVP for those of us who don't use a smartphone: forms.gle/jUf3HX2bNCgUgxtNA
5
323