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A second important issue is that, in its current form, the proposal seems myopically focused on prices. [read post]
20 Apr 2023, 9:05 pm by renholding
Share buybacks have returned with a vengeance following the COVID-19 pandemic.[1] The average proportion of buybacks out of aggregate shareholder payouts in 2019-2021 was higher than the historical average during 2005-2019 in the U.S. and Europe.[2] These developments have attracted broad criticism from academics and policymakers, with many seeking to curb share buybacks to reduce the risks of insider trading, market manipulation, the harm to long-term shareholder value, and other… [read post]
20 Apr 2023, 1:51 pm by Daniel J. Gilman
While it’s not baseless, administrative-law scholars doubt the FTC’s position, which rests on a dated opinion from the U.S. [read post]
14 Apr 2023, 9:00 am by Picl Guest Blogger
High-risk zones start with the letters A or V, while low-to-moderate risk zones include zones B, C, and X. [read post]
7 Apr 2023, 3:44 pm
United States, 221 U.S. 1 (1911) in favor of treating “Bigness” as an independent antitrust harm. [read post]