The Sling is a source for progressive antitrust and consumer protection law and economics.
Left of "Center."
Joined December 2022
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Mark Glick, Gabriel Lozada, and Darren Bush (GLB) express gratitude to @BrianCAlbrecht and @ErikHovenkamp (A&H) for engaging with their work.
But GLB have (major and minor) disagreements with A & H, both in terms of matters of economic theory and in terms of antitrust policy.
Consumer welfare can weigh higher prices against better quality using observable data. What evidence could rebut a claim that a merger “threatens democracy”?
@BrianCAlbrecht & @ErikHovenkamp explain why a “welfare dashboard” lacks a shared way to resolve these conflicts. 🔗⬇️
The draft paper is here.
papers.ssrn.com/sol3/papers.…
Forthcoming, in @geomasonlrev in 2027. The authors thank GMU L. Rev. for promoting intellectual discussion. Comments welcome.
Good morning!
In her latest post, @eyreflare argues that Google is exploiting its monopsony over publishers to acquire content on the cheap, and its AI competitors should sue.
Check it out!
thesling.org/google-isnt-com…
We spotted Darren Bush on @AntitrustInst's "Ruled by Reason" podcast talking about the Tunney Act with @randallstutz.
antitrustinstitute.org/work-…
In case you missed it: Hal Singer's take on Paramount. Check it out.
I have a different take on how we arrived at the horribly rotten outcome in the Paramount case. The Trump administration’s deal with the Hollywood giant is only one example of his interference in DOJ's investigations. In several instances, career staff, tasked with enforcing the antitrust laws and often with decades of experience of doing just that, have been sidelined by their politically appointed bosses. Given Trump's transactional nature, and given evidence of a quid-pro-quo for other regulatory relief, it is time to start asking how to prevent the monetization of the White House.
My latest via @TheSlingOrg.
(Link to follow)
In case you missed this yesterday. Antitrust and guns.
Had a good time interviewing Hudson Munoz, Executive Director of Guns Down America, about his new report on how large gun retailers are keeping gun prices inflated through a scheme that amounts to price fixing. Are high gun prices a bad thing? Well go watch our nerdy chat, with great commentary by my co-host Darren Bush.
thesling.org/video/slingshot…
In today's Sling, @eyreflare discusses antitrust efficiencies claims as they apply in creative industries.
In other words, such as in Paramount-Warner Brothers merger.
Check it out!
thesling.org/the-efficiencie…
In case you missed it yesterday: The HPE-Juniper decision to enter the consent decree is deeply flawed and misunderstands the Tunney Act, writes Darren Bush.
What's wrong with the Judge Pitts' HPE-Juniper decision to enter the consent decree?
Everything, Darren Bush writes in his latest Sling post.
thesling.org/the-fatally-fla…
What's wrong with the Judge Pitts' HPE-Juniper decision to enter the consent decree?
Everything, Darren Bush writes in his latest Sling post.
thesling.org/the-fatally-fla…
Ordinarily, Darren Bush might be pleased to be cited in a court's decision related to the Tunney Act.
Today, he is not.
storage.courtlistener.com/re…
"The Court perpetuates the same errors that have plagued implementation of the Tunney Act," Bush said.
See thesling.org/no-the-tunney-a…
and papers.ssrn.com/sol3/papers.…
and
lawecommons.luc.edu/cgi/view…
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Shishene Jing writes: "Unless Courts Get the Copyright Analogy Right, AI Is Positioned to Destroy Newspapers."
And asks a question: "Newspapers already survived one extraction cycle by dominant tech platforms. Can they afford another?"
thesling.org/unless-courts-g…
"The Economics on Which the Law and Economics Movement Relies Is Ideology, Not Science" by Mark Glick, Gabriel Lozada, and Darren Bush
(And the science more readily supports the LPE movement)
cc: @LPEblog
thesling.org/the-economics-o…
This piece replies to Madison Condon and
Luke Herrine's excellent piece in @LPEblog, found here:
lpeproject.org/blog/the-econ…
Gavin Sicard analyzes whether prediction markets outperformed an educated guess, as proxied by The Athletic subscribers, when it came to predicting the winner of World Cup matches.
thesling.org/prediction-mark…
New on The Sling: The Labor Harm of the Paramount/WB merger.
"Hollywood’s Labor Market Just Lost a Bidder, and Nobody in Washington Noticed" by Ahmad Abid and Devesh Ray
Check it out!
thesling.org/hollywoods-labo…
You can pre-order Spencer's book here!
bloomsbury.com/us/power-and-…
In the latest episode of The Slingshot, we interview Spencer Webber Waller, law professor at Loyola University Chicago, about his soon-to-be-released book, "Power and Greed: Monopolies, Mergers, and Cartels on the American Stage." And by American Stage, we're talking broadway and other live entertainment. Sadly, even the theater business can be monopolized. (Link to follow)
Carter Dougherty has a new post on @TheSlingUtah: "Visa and Mastercard: The Original Gangsters of Electronic Collusion." Check it out!
thesling.org/visa-and-master…
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A Spiritless Post Mortem by Darren Bush. No, Biden's DOJ isn't the cause of Spirit's demise. But there's plenty of blame to go around for the state of the airline industry. Darren thanks Hal Singer (whose account is still hacked) for insightful comments.
thesling.org/spiritless-port…
From @HalSinger: "I wrote a piece about what progressives can do to confront the jobs threat posed by AI. Sen Warren and The Economist articulated an econ basis for an AI tax. In addition to supporting that idea, I articulate two other policies that would further bolster labor."
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Piece is here:
thesling.org/a-progressive-p…
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X @Support, see below: @HalSinger's account has been hacked. Help appreciated.
Hey @Support, Hal's account has been hacked. We can tell this because 1. He reported it to you. 2. They are peddling Bitcoin.
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Hal Singer's account, @HalSinger, has been hacked and he has been locked out. See below.
@HalSinger's account has been hacked. Please ignore any DMs from him, as well as any posts until it's confirmed he has access again.
The term "populist" is often misused. Bruce Palmer, a history professor emeritus at the @UHClearLake, and author of “Man Over Money: The Southern Populist Critique of American Capitalism,” offers a description of the original populists.
thesling.org/reclaiming-the-…
