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Truth on the Market

Academic commentary on law, business, economics, and more.
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What is the Worst Antitrust Decision That is Good Law?

Jul 22, 2008
There’s been a bit of discussion about the “most destructive” decision that is good law around the blogs, e.g. here and here, in response to John McCain’s criticism of Boumedine calling it “one of the worst decisions in...

Haiku Economics

Nov 24, 2009
Here.  And Haiku as a teaching tool. Happy Thanksgiving.

ELS, CELS and Bubbles in Legal Scholarship

Nov 24, 2009
Some interesting thoughts from David Zaring and Larry Ribstein on the future of the empirical legal studies movement and its flagship conference, CELS.   Zaring asks whether there is enough glue holding the various constituencies within the ELS...

Antitrust News

Nov 23, 2009
The latest on the insurance industry antitrust exemption (still there, so far) The EU targets Standard & Poor’s The Bowl Championship Series hires Ari Fleischer Documenting the uptick in antitrust enforcement in the high-tech sector An interesting...

Watch CELS on the Web

Nov 20, 2009
If you cannot attend this year’s excellent looking (program here) Conference on Empirical Legal Studies, which is at USC Friday and Saturday, you can watch the webcast of the panels here.  This is a pretty nifty addition to the conference and one that...

A Decision-Theoretic Rule of Reason for Minimum Resale Price Maintenance

Nov 18, 2009
My latest working paper, which bears the same title as this post, is now available on SSRN. In the paper, I address the challenge created by the Supreme Court’s 2007 Leegin decision, which abrogated the 96 year-old rule declaring resale price...

What is the Worst Antitrust Decision That is Good Law?



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