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Truth on the Market

Truth on the Market

Academic commentary on law, business and economics. Thom Lambert, Geoffrey Manne, Keith Sharfman, William K. Sjostrom, Jr., and Joshua D. Wright.

http://www.truthonthemarket.com
  • Jun 19

    Bringing the Error Cost Framework to the Agency: Commissioner Wright’s Proposed Policy Statement on Section 5 Unfair Methods of Competition Enforcement

    Bringing the Error Cost Framework to the Agency: Commissioner Wright’s Proposed Policy Statement on Section 5 Unfair Methods of Competition Enforcement
    Co-authored with Berin Szoka FTC Commissioner Wright issued today his Policy Statement on enforcement of Section 5 of the FTC Act against Unfair Methods of Competition (UMC)—the one he promised in April. As we’ve been saying for…
  • Jun 14

    Final Reply to Steve Salop

    Final Reply to Steve Salop
    Dan’s final post responding to Steve’s latest post. Other posts in the series: Dan, Steve, Dan, Steve, Dan, and Thom. It seems that it’s time to wind down and that a further…
  • Jun 14

    Dan, Come Over to the Rule of Reason

    Dan, Come Over to the Rule of Reason
    Steve’s next, perhaps final, installment, responding to Dan’s latest post on the appropriate liability rule for loyalty discounts. Other posts in the series: Steve, Dan, Steve, Dan, and Thom. My…
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