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2 months ago | 
laweconcenter.org | Julian Morris |Giuseppe Colangelo
Popular Media Legislation Is a Giveaway to Big Box Retailers at Expense of Arizona Small Business Lobbyists for big box retailers want Arizona’s legislature to impose price controls on card transaction fees. They claim that doing so will save merchants millions of dollars that will be passed on to consumers. But, we’ve heard this story before and it doesn’t end well. It’s also probably illegal. Read the full piece here.
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2 months ago | 
laweconcenter.org | Julian Morris |Todd Zywicki |Giuseppe Colangelo |Alba Martinez
Popular Media Last month, over 99% of the stockholders of Capital One and Discover formally approved the merger of the two firms. But rumors recently emerged from unnamed sources in the Department of Justice (DOJ) that the merger might be considered anti-competitive due to the relatively large share of the so-called “sub-prime” credit card market held by the two companies.
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Aug 12, 2024 | 
pymnts.com | Giuseppe Colangelo
Over the past decade, the intersection of privacy and antitrust has become a significant focus in the literature on data’s role in digital markets.1 In a landscape where platforms acquire data to strategically offer sellers preferential access to consumers’ attention, personal data is indeed the most valuable asset in a platform’s information arsenal.
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Jun 7, 2024 | 
laweconcenter.org | Julian Morris |Brian Albrecht |Giuseppe Colangelo
ICLE Issue BriefExecutive SummaryPayment networks connect buyers with sellers. Success hinges on attracting sufficient participation on both sides of the market. Card issuers offer rewards, insurance, fraud prevention, and other benefits that create incentives for use. Issuers can do so, in part, because they receive an “interchange” fee from acquiring banks, who in turn charge a fee to merchants (the “merchant discount rate” or MDR).
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Jun 4, 2024 | 
laweconcenter.org | Brian Albrecht |Giuseppe Colangelo |Daniel Gilman |Geoffrey Manne
Presentations & InterviewsBrian Albrecht on the FTC Noncompete BanICLE Chief Economist Brian Albrecht was a guest on the Future of Freedom podcast to discuss the Federal Trade Commission’s (FTC) recent decision to ban nearly all noncompete agreements in employment contracts. Audio of the full episode is embedded below.
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Apr 27, 2024 | 
kluwerlawonline.com | Giuseppe Colangelo
Article: ‘(Not So) Elementary, My Dear Watson’: A Competition Law & Economics Analysis of Sherlocking [pre-publication] - World Competition View Article: ‘(Not So) Elementary, My Dear Watson’: A Competition Law & Economics Analysis of Sherlocking [pre-publication] by - World Competition Article: ‘(Not So) Elementary, My Dear Watson’: A Competition Law & Economics Analysis of Sherlocking [pre-publication] 47 2 [pre-publication] Sherlocking refers to an online platform’s use of non-public...
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Feb 7, 2024 | 
tandfonline.com | Giuseppe Colangelo
ABSTRACTTo boost the roll-out of the next generation telecommunications infrastructure, EU policy makers have advanced a proposal mandating some large online platforms to compensate network operators with a usage fee. Framed as a matter of large market players paying their fair share of contribution to telecommunications networks, the proposal would represent another unnecessary and harmful regulatory intervention.
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Oct 24, 2023 | 
truthonthemarket.com | Kristian Stout |Michael Calabrese |Jessica Melugin |Giuseppe Colangelo
This article is a part of the FTC Rulemaking on Unfair Methods of Competition symposium.
In 2021, President Joe Biden appointed a prolific young scholar, Lina Khan, to chair the Federal Trade Commission (FTC). Khan strongly dislikes almost every element of antitrust law. She has stated her intention to use notice and comment rulemaking to change antitrust law in many ways.
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Oct 24, 2023 | 
truthonthemarket.com | Gus Hurwitz |Jessica Melugin |Giuseppe Colangelo |Eric Fruits
This article is a part of the FTC Rulemaking on Unfair Methods of Competition symposium.
In a recent op-ed for the Wall Street Journal, Svetlana Gans and Eugene Scalia look at three potential traps the Federal Trade Commission (FTC) could trigger if it pursues the aggressive rulemaking agenda many have long been expecting. From their opening:
FTC Chairman Lina Khan has Rooseveltian ambitions for the agency.
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Oct 15, 2023 | 
laweconcenter.org | Giuseppe Colangelo
