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
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.
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
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.
Reposted by Steve Salop
Business and economic thought instituted at least since the Reagan Revolution in the US have promoted firms’ narrowly self-interested, profit-maximizing conduct. This paradigm leads to social distrust and insufficient cooperation, @stevesalop.bsky.social explains www.promarket.org/2024/02/13/w...
Why Business Should Be More Prosocial, and Ten Guidelines for How - ProMarket
Business and economic thought instituted at least since the Reagan revolution in the United States have promoted firms’ narrowly self-interested, profit-maximizing conduct even at the expense of consu...
www.promarket.org
February 13, 2024 at 4:45 PM
Business and economic thought instituted at least since the Reagan Revolution in the US have promoted firms’ narrowly self-interested, profit-maximizing conduct. This paradigm leads to social distrust and insufficient cooperation, @stevesalop.bsky.social explains www.promarket.org/2024/02/13/w...
Reposted by Steve Salop
Why has antitrust enforcement declined in the U.S. since the 1970s? Is it due to the preferences of voters, business influence, or an alternative explanation altogether?
@jbbecon.bsky.social critiques the big business capture theory and suggests an alternative.
www.promarket.org/2024/02/09/h...
@jbbecon.bsky.social critiques the big business capture theory and suggests an alternative.
www.promarket.org/2024/02/09/h...
Has Antitrust Been Captured by Big Business Interests? It’s Not So Simple - ProMarket
Why has antitrust enforcement declined in the United States since the 1970s? Is it due to the preferences of voters, business influence, or an alternative explanation altogether? In this symposium, Jo...
www.promarket.org
February 9, 2024 at 4:47 PM
Why has antitrust enforcement declined in the U.S. since the 1970s? Is it due to the preferences of voters, business influence, or an alternative explanation altogether?
@jbbecon.bsky.social critiques the big business capture theory and suggests an alternative.
www.promarket.org/2024/02/09/h...
@jbbecon.bsky.social critiques the big business capture theory and suggests an alternative.
www.promarket.org/2024/02/09/h...
Elon Musk as Milo Minderbinder -- selling Starlink to both Russian and Ukraine.\
www.defenseone.com/threats/2024...
www.defenseone.com/threats/2024...
February 9, 2024 at 8:53 PM
Elon Musk as Milo Minderbinder -- selling Starlink to both Russian and Ukraine.\
www.defenseone.com/threats/2024...
www.defenseone.com/threats/2024...
Reposted by Steve Salop
In my Project Syndicate commentary, I provide updated evidence on how the tight labor market has raised real wages for low and middle wage workers, and why policies by JoeBiden
deserve credit. 1/
deserve credit. 1/
Credit Bidenomics for Rising US Wages | by Arindrajit Dube - Project Syndicate
Arindrajit Dube explains how the US administration’s proactive fiscal approach has helped boost households’ purchasing power.
www.project-syndicate.org
February 8, 2024 at 1:32 PM
In my Project Syndicate commentary, I provide updated evidence on how the tight labor market has raised real wages for low and middle wage workers, and why policies by JoeBiden
deserve credit. 1/
deserve credit. 1/
Shift in beer consumption from Bars to Home during pandemic
February 6, 2024 at 2:27 PM
Shift in beer consumption from Bars to Home during pandemic
I have finally finished my article, "The 2023 Merger Guidelines: A Post-Chicago and Neo-Brandeisian Integration" for the Review of Industrial Organization symposium. Comments appreciated.
papers.ssrn.com/sol3/papers....
papers.ssrn.com/sol3/papers....
February 3, 2024 at 3:14 PM
I have finally finished my article, "The 2023 Merger Guidelines: A Post-Chicago and Neo-Brandeisian Integration" for the Review of Industrial Organization symposium. Comments appreciated.
papers.ssrn.com/sol3/papers....
papers.ssrn.com/sol3/papers....
Krugman yesterday on "Better than Goldilocks Economy." I wish someone would do a retrospective on Paul vs Larry predictions. @claudiasahm.bsky.social
February 2, 2024 at 2:04 PM
Krugman yesterday on "Better than Goldilocks Economy." I wish someone would do a retrospective on Paul vs Larry predictions. @claudiasahm.bsky.social
“Inflation has fallen. Why are groceries still so expensive?”
This Washington Post headline writer needs to take a little remedial math course
This Washington Post headline writer needs to take a little remedial math course
February 2, 2024 at 12:43 PM
“Inflation has fallen. Why are groceries still so expensive?”
This Washington Post headline writer needs to take a little remedial math course
This Washington Post headline writer needs to take a little remedial math course
Reposted by Steve Salop
My latest: Yes, Elon Musk met his Tesla targets. No, he still doesn’t deserve the $56 billion Tesla’s board paid him. Pull up a chair and I’ll explain why not.
That Judge Is Right. Elon Musk Isn’t Worth What Tesla Pays Him.
His compensation package was too comical to survive court.
newrepublic.com
January 31, 2024 at 9:56 PM
My latest: Yes, Elon Musk met his Tesla targets. No, he still doesn’t deserve the $56 billion Tesla’s board paid him. Pull up a chair and I’ll explain why not.
Modern slavery
Blockbuster story from AP – prison labor powers the biggest brands in the U.S. food business and fast food chains. Target, Walmart, Aldi, Burger King are involved and many more. Two years of reporting by the Pulitzer-winning team of Robin McDowell and Margie Mason.
Prisoners in the US are part of a hidden workforce linked to hundreds of popular food brands
In a sweeping two-year investigation, The Associated Press found goods linked to prisoners wind up in the supply chains of everything from Frosted Flakes cereal and Ball Park hot dogs to Gold Medal fl...
apnews.com
January 29, 2024 at 5:31 PM
Modern slavery