Steve Salop
@stevesalop.bsky.social
Prof of Econ & Law Emeritus, Georgetown Law
Antitrust & Competition, IO Econ, Law and Psych
Post-Chicago & Still Evolving
https://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=68535
https://www.law.georgetown.edu/faculty/steven-c-salop/
Antitrust & Competition, IO Econ, Law and Psych
Post-Chicago & Still Evolving
https://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=68535
https://www.law.georgetown.edu/faculty/steven-c-salop/
Reposted by Steve Salop
February 9, 2025 at 1:14 AM
Reposted by Steve Salop
This is the most relevant article to NIH and research cuts I’ve seen.
Imagine if this was today , how many people would be saying “Why are we studying Gila Monsters and their impact on diabetes ? That’s wasted money !”
globalnews.ca/news/9793403...
Imagine if this was today , how many people would be saying “Why are we studying Gila Monsters and their impact on diabetes ? That’s wasted money !”
globalnews.ca/news/9793403...
How a Canadian scientist and a venomous lizard helped pave the way for Ozempic - National | Globalnews.ca
In 1984, Dr. Daniel Drucker, an endocrinologist from the University of Toronto, discovered a hormone that helped pave the way for popular diabetes drugs such as Ozempic.
globalnews.ca
February 9, 2025 at 9:58 PM
This is the most relevant article to NIH and research cuts I’ve seen.
Imagine if this was today , how many people would be saying “Why are we studying Gila Monsters and their impact on diabetes ? That’s wasted money !”
globalnews.ca/news/9793403...
Imagine if this was today , how many people would be saying “Why are we studying Gila Monsters and their impact on diabetes ? That’s wasted money !”
globalnews.ca/news/9793403...
I’d appreciate comments. Will RPGs be next?
NEW: @stevesalop.bsky.social (@georgetownlaw.bsky.social) explores the presumptions and evidence that could undergird Commissioner Melissa Holyoak’s preferred “Raising Rivals’ Cost” approach to the enforcement of the Robinson-Patman Act.
How To Enforce the Robinson-Patman Act Under a Raising Rivals’ Cost Approach - ProMarket
Steven Salop explores the presumptions and evidence that could undergird Commissioner Melissa Holyoak’s preferred “Raising Rivals’ Cost” approach to the enforcement of the Robinson-Patman Act.
www.promarket.org
February 8, 2025 at 1:10 AM
I’d appreciate comments. Will RPGs be next?
Here is a link to my new article on the raising rivals cost approach to the Robinson Patman Act. www.promarket.org/category/the...
Antitrust and Competition Archives - ProMarket
A key distinction in economic viewpoints that goes oft-unnoticed is between pro-business and pro-market. A good bellwether to where someone stands on the pro-business/market continuum is his/her stanc...
www.promarket.org
February 8, 2025 at 1:10 AM
Here is a link to my new article on the raising rivals cost approach to the Robinson Patman Act. www.promarket.org/category/the...
Proud of my congressman Jamie Raskin. m.youtube.com/watch?v=Xo3P...
Jamie Raskin challenges DOGE, Elon Musk; fight over USAID shutdown by President Donald Trump begins
YouTube video by Austin American-Statesman
m.youtube.com
February 3, 2025 at 9:13 PM
Proud of my congressman Jamie Raskin. m.youtube.com/watch?v=Xo3P...
Most Popular Websites 1995 - 2023
YouTube video by Data Is Beautiful
youtu.be
January 26, 2025 at 1:45 PM
Creating chaos is his brand
January 19, 2025 at 6:22 PM
Creating chaos is his brand
Must read article by Mark Lemley
My paper "Free the Market: How We Can Save Capitalism from the Capitalists" is now published in the UC Law Journal. I argue that capitalists do everything in their power to prevent competition and market transparency and that we have indulged them too long
www.hastingslawjournal.org/free-the-mar...
www.hastingslawjournal.org/free-the-mar...
Free the Market: How We Can Save Capitalism from the Capitalists | UC Law Journal
www.hastingslawjournal.org
January 9, 2025 at 7:22 PM
Must read article by Mark Lemley
January 9, 2025 at 12:10 AM
It sounded like the FTC trial team did not think they had enough time. And on the webinar today, it sounded like they did not have the resources for experts. But given that, they probably should’ve dropped the count.
like the way the DOJ should’ve dropped AT&T/TW when they drew Judge Leon.
like the way the DOJ should’ve dropped AT&T/TW when they drew Judge Leon.
January 9, 2025 at 12:05 AM
It sounded like the FTC trial team did not think they had enough time. And on the webinar today, it sounded like they did not have the resources for experts. But given that, they probably should’ve dropped the count.
like the way the DOJ should’ve dropped AT&T/TW when they drew Judge Leon.
like the way the DOJ should’ve dropped AT&T/TW when they drew Judge Leon.
It’s too bad there’s not a small tax on emails to reduce the profitability of this type of scamming spam
April 22, 2024 at 7:04 PM
It’s too bad there’s not a small tax on emails to reduce the profitability of this type of scamming spam
I think that greater emphasis on refusing to justify anti-competitive effects on workers with benefits to downstream consumers is new. Regardless of whether it ever existed in the past.
April 6, 2024 at 7:19 PM
I think that greater emphasis on refusing to justify anti-competitive effects on workers with benefits to downstream consumers is new. Regardless of whether it ever existed in the past.
Frog mating weekend
March 16, 2024 at 5:25 PM
Frog mating weekend
Does this mean that there is going to be an attempted coup either way? Or at least riots
In May, Democrats were a lot more likely than Republicans to say the other party’s candidate was too corrupt to be president. Now there’s no difference.
Analysis | Partisans are equally likely to say the other candidate is ‘too corrupt’
The big shifts in concerns about the candidates since May are driven by Republicans.
www.washingtonpost.com
March 16, 2024 at 1:33 PM
Does this mean that there is going to be an attempted coup either way? Or at least riots
Or given your field, if Boeing were to be acquired by Lockheed Martin
March 14, 2024 at 11:56 AM
Or given your field, if Boeing were to be acquired by Lockheed Martin
Yes. Or if Boeing wanted to acquire a jet engine producer or helicopter producer, or vice versa
March 14, 2024 at 11:52 AM
Yes. Or if Boeing wanted to acquire a jet engine producer or helicopter producer, or vice versa
For What Its Worth — it is forcing them to sell it, not shut it down. And whileI don’t really know anything about it, isn’t it possible that they are collecting sensitive data for the Chinese government? If people don’t trust musk , why trust them?
March 14, 2024 at 12:37 AM
For What Its Worth — it is forcing them to sell it, not shut it down. And whileI don’t really know anything about it, isn’t it possible that they are collecting sensitive data for the Chinese government? If people don’t trust musk , why trust them?
Yes. Duopoly. But where is the antitrust issue? Incompetence by itself does not violate the FTC Act.
March 13, 2024 at 8:26 AM
Yes. Duopoly. But where is the antitrust issue? Incompetence by itself does not violate the FTC Act.
March 7, 2024 at 12:00 PM
If every older Democrat successfully explains to a younger person that retaining democracy by electing Biden is essential, then it will be. Trump is more entertaining but detention camps and revitalized Russia power will not be.
March 7, 2024 at 12:29 AM
If every older Democrat successfully explains to a younger person that retaining democracy by electing Biden is essential, then it will be. Trump is more entertaining but detention camps and revitalized Russia power will not be.
Reposted by Steve Salop
NEW: Critics of the Federal Trade Commission’s lawsuit last week to block the Kroger-Albertsons #merger claim that the agency incorrectly limits the relevant buyer-side market to unionized #grocery workers. @stevesalop.bsky.social argues that the critics are wrong: www.promarket.org/2024/03/06/t...
The Purchase of Unionized Labor Is a Relevant Buyer-Side Market in the Kroger-Albertsons Merger - ProMarket
Critics of the Federal Trade Commission’s lawsuit last week to block the Kroger-Albertsons merger claim that the agency incorrectly limits the relevant buyer-side market to unionized grocery workers. ...
www.promarket.org
March 6, 2024 at 2:19 PM
NEW: Critics of the Federal Trade Commission’s lawsuit last week to block the Kroger-Albertsons #merger claim that the agency incorrectly limits the relevant buyer-side market to unionized #grocery workers. @stevesalop.bsky.social argues that the critics are wrong: www.promarket.org/2024/03/06/t...
I'm amused at antitrust lawyers trying to treat the 5th Cir decision in Illumina/Grail as an FTC loss. The Court affirmed the FTC on anticompetitive effects -- a big Win. On the sufficiency of the Illumina's voluntary fix, the Court adopted Comm Wilsons approach, but she rejected that remedy.
February 20, 2024 at 12:29 PM
I'm amused at antitrust lawyers trying to treat the 5th Cir decision in Illumina/Grail as an FTC loss. The Court affirmed the FTC on anticompetitive effects -- a big Win. On the sufficiency of the Illumina's voluntary fix, the Court adopted Comm Wilsons approach, but she rejected that remedy.
You are really smart. Also pretty. And clever
February 19, 2024 at 4:19 PM
You are really smart. Also pretty. And clever
Also — Of course, it can be confusing for unilateral effects or coordination that will deter price decreases (ie Cellophane fallacy)
February 15, 2024 at 6:32 PM
Also — Of course, it can be confusing for unilateral effects or coordination that will deter price decreases (ie Cellophane fallacy)
You really can just treat competition from non-merging firms as possible constraints. See the way Posner wrote HCA. But I agree that the hypo monopoly test is useful where the allegation is that the merger would lead to coordinated effects.
February 15, 2024 at 6:31 PM
You really can just treat competition from non-merging firms as possible constraints. See the way Posner wrote HCA. But I agree that the hypo monopoly test is useful where the allegation is that the merger would lead to coordinated effects.