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Truth on the Market 

Academic commentary on law, business, economics and more.
Post Frequency: 39.9/day Last Entry: April 01, 2011 at 00:51:38 Recent Entries: 1318
Go to Truth on the Market, find other Corporate & Securities Law blogs, or browse all law blogs.
TOTM/ Patently-O Blog Symposium: Michael Carrier’s Innovation for the 21st Century
Posted on March 19, 2009On March 30th and 31st, TOTM will hold its first blog symposium. The topic will be Michael Carrier’s (Rutgers) forthcoming book: Innovation for the 21st Century: Harnessing the Power of Intellectual Property and Antitrust Law (from Oxford University Press)...
OK, The Stimulus and Bailouts are One Thing …
Posted on March 19, 2009But THIS is where I draw the line. Go Bruins.
I Guess I Have to Rewrite My Contracts Final
Posted on March 14, 2009Maybe it was too easy anyway. I mean, who hasn’t heard this one before? Jinsoo Kim begins his opening brief by stating, ?Blood may be thicker than water, but here it?s far weightier than a peppercorn.?1 Kim appeals from the trial court?s refusal to enforce a gratuitous promise, handwritten in his friend’s own blood, to repay [...
On the Whole Foods Settlement
Posted on March 12, 2009Thom kicked off discussion of the FTC and Whole Foods’ settlement on a critical note: It?s pretty impressive that the Commissioners were willing to stand their ground in the face of evidence that Whole Foods wasn?t earning monopoly profits, that numerous grocery retailers are moving toward the Whole Foods format, that there are obvious economies of [...
Varney Confirmation Hearings
Posted on March 11, 2009Webcast and testimony are available. Here is the paragraph from the testimony setting forth objectives for the new DOJ enforcement regime with some brief commentary below: There are three main areas that, if confirmed, I will focus on as the Assistant Attorney General for Antitrust...
Because Barney Frank Knows Better Ways to Woo High-End Bank Clients
Posted on March 11, 2009A couple of weeks ago, Rep. Barney Frank sent a snippy letter to Northern Trust, a Chicago-based bank that caters to very wealthy clients. Mr. Frank and some other Platonic guardians on the House Financial Services Committee were incensed that Northern Trust, a recipient of TARP funds, had sponsored and hosted clients at a [...
Who’s Your Nanny?
Posted on March 10, 2009My law school classmate, M. Todd Henderson (Chicago Law), has posted an interesting paper on SSRN. The paper, entitled The Nanny Corporation and the Market for Paternalism, explores “Nannyism” by business firms and the government. Nannyism consists of imposing paternalistic rules designed to protect the governed — e...
Some Links
Posted on March 10, 2009Pharma Mergers! The unintended consequences of disability law (Freakonomics) Posner on the Failure of Capitalism — a book I that I suspect will attract much attention Congratulations to Scott Kieff who is heading from Wash U to GW The FTC gets PI in CCC/Mitchell
The Demarcus Cousins Saga Ends
Posted on March 09, 2009We’ve been following the Demarcus Cousins saga. For those who haven’t, Cousins is a blue chip high school basketball recruit who has been bargaining hard with the University of Alabama-Birmingham (UAB) over signing his National Letter of Intent — the letter that commits a player to attend the university and imposes the penalty of [...
Evans and Schmalensee Webinar on Two-Sided Markets
Posted on March 09, 2009Here is a link to the latest Competition Policy International Webinar series on antitrust issues in two-sided markets by David Evans and Richard Schmalansee. Here is the course description: It is now widely recognized by antitrust and economic scholars that analyzing competitive practices such as mergers and abuse of dominance in two-sided industries [...
We Didn’t Hear the Question
Posted on March 09, 2009I have a love/hate relationship with the wireless access in our law school classrooms. On the one hand, it saddens me that my students surf the Internet during class. On the other hand, Socratic dialogue goes so much faster when the students can IM each other answers...
“Editing Reality With Both Hands … ”
Posted on March 07, 2009The post title is stolen from a commenter (Unit) at this post over at Austrian Economists. Delong’s comment editing practices (the selective editing even more so than the deleting of comments with opposing points of view) are disturbing to say the least...
Verret on the Self-Defeating Bailout
Posted on March 07, 2009My colleague JW Verret has an interesting take on the bank bailout at Forbes.com: This deal was intended to bolster public confidence in banks, while at the same time minimizing the cost of the bailout when Treasury sells its shares once markets pick up...
Is Obama’s Radicalism Killing the Dow?
Posted on March 07, 2009Stanford economist Michael Boskin thinks so. He set forth his argument in the WSJ. After observing that President Obama’s budget “more than doubles the national debt held by the public, adding more to the debt than all previous presidents — from George Washington to George W...
Whole Foods Throws in the Towel — Congrats to the FTC!
Posted on March 07, 2009The witch hunt is over. Last evening, the FTC announced that it would drop its antitrust action against high-end grocer Whole Foods in exchange for the chain’s agreement to sell 32 stores and to give up the rights to Wild Oats’ name. FTC Chairman Jon Leibowitz proclaimed that “[a]s a result of this [...
DOJ AAG Designate Christine Varney on Section 2, Europe, Google & A Puzzling Statement About Error Costs
Posted on February 23, 2009Previous | Next
Housing Market: Mixed Signals about Falling Prices for February
Two reports have been issued, one by the Massachusetts Association...
Fish on "Religion Without Truth"
Here's a (relatively) recent Stanley Fish Think Again column, call...
Is a child fathered out of wedlock by an American diplomat to a foreign women on foreign soil entitled to US Citizenship by jus sanguinis?
This is a very tough situation your friend is in. It is difficult to know the ex...
Did I harass someone?
Oh, yes. This can be taken in as so many things, especially since you had testif...
Iam interested in tapping the local online search market how do people set up a services like localpull.com or areacodelocal.com? Is there any software that does the job? localpull.com/ areacodelocal are services that he
sign-up on LocalPull. The service is amazing. We love it....
Is it possible to terminate a contract with a real estate brokerage?
First, the Realtor cannot force you to reduce your price. It probably does dissu...
Need urgent answer. Never signed Truth in Lending Disclosure docs - docs at closing had different terms and rates than what we had originally signed up for in the Loan Application. Signed closing docs as assured it would
you have three days to change your mind after closing a re-fi...

Is a child fathered out of wedlock by an American diplomat to a foreign women on foreign soil entitled to US Citizenship by jus sanguinis?
This is a very tough situation your friend is in. It is difficult to know the ex...
Did I harass someone?
Oh, yes. This can be taken in as so many things, especially since you had testif...
Iam interested in tapping the local online search market how do people set up a services like localpull.com or areacodelocal.com? Is there any software that does the job? localpull.com/ areacodelocal are services that he
sign-up on LocalPull. The service is amazing. We love it....
Is it possible to terminate a contract with a real estate brokerage?
First, the Realtor cannot force you to reduce your price. It probably does dissu...
Need urgent answer. Never signed Truth in Lending Disclosure docs - docs at closing had different terms and rates than what we had originally signed up for in the Loan Application. Signed closing docs as assured it would
you have three days to change your mind after closing a re-fi...








