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Steven C. Salop

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Economics 63%
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Reposted by: Steven C. Salop

noelmu.bsky.social
Made this a gift-link because this story is equal parts fascinating and maddening. The key detail to note: Big companies are letting unvetted scamsters generate revenue for them. www.nytimes.com/2024/01/13/b...
Their Songs Were Stolen by Phantom Artists. They Couldn’t Get Them Back.
Bad Dog, a group from D.C., was forced to take a crash course in streaming fraud, a shadowy realm that costs musicians $2 billion a year.
www.nytimes.com
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Reposted by: Steven C. Salop

stevesalop.bsky.social
Maybe the Biden Antitrusters are moving the Overton Window. In blocking the Jet Blue/Spirit merger, the judge referred to JB "gobbling up" Spirit . 1/2
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Reposted by: Steven C. Salop

ashcraig.bsky.social
I’m Ash, a public and labor economist. I love tax (studying, not paying). Also education & crime.

A few months ago, I joined ANU’s Research School of Economics. Before that, U Michigan.

My hobbies used to be travelling, learning languages, good food & craft beer. But then I had kids. 😅
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Reposted by: Steven C. Salop

stevesalop.bsky.social
Ethical Rules for Economists-1
(Please expand) .
1. Avoid Pareto Inferior outcomes.
2. Don't create or threaten negative externalities.
3. Minimize unavoidable negative externalities; compensate where appropriate.
4. Don't exploit decision-making flaws of lower income - vulnerable consumers
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Reposted by: Steven C. Salop

justintyndall.bsky.social
My new paper, The effect of front-end vehicle height on pedestrian death risk, was just published at #Economics of #Transportation. I use vehicle design measurements to test for the effect of taller vehicles on pedestrian outcomes in crashes. www.sciencedirect.com/science/arti...
9 200 440

Reposted by: Steven C. Salop

clancyny.bsky.social
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
46 940 1.5K

Reposted by: Steven C. Salop

pbump.com
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
5 1 7

Reposted by: Steven C. Salop

marklemley.bsky.social
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...
Free the Market: How We Can Save Capitalism from the Capitalists | UC Law Journal
www.hastingslawjournal.org
2 9 33

Reposted by: Steven C. Salop

promarket.bsky.social
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

Reposted by: Steven C. Salop, Jillian M. Buriak, Timon McPhearson , and 4 more

mcuban.bsky.social
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...
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
1.1K 13K 49K

Reposted by: Steven C. Salop

drannlopez.bsky.social
#BlackHistoryMonth
5 99 420

by Steven C. Salop

stevesalop.bsky.social
I’d appreciate comments. Will RPGs be next?
promarket.bsky.social
ProMarket @promarket.bsky.social · Feb 7
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
3

by Steven C. Salop

stevesalop.bsky.social
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
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by Steven C. Salop

stevesalop.bsky.social
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
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by Steven C. Salop

stevesalop.bsky.social
The history of the Internet

youtu.be/Ko8Pz4Y-tYo
Most Popular Websites 1995 - 2023
YouTube video by Data Is Beautiful
youtu.be
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by Steven C. Salop

stevesalop.bsky.social
Creating chaos is his brand
1

by Steven C. Salop

stevesalop.bsky.social
Must read article by Mark Lemley
marklemley.bsky.social
Mark Lemley @marklemley.bsky.social · Jan 9
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...
Free the Market: How We Can Save Capitalism from the Capitalists | UC Law Journal
www.hastingslawjournal.org
1 9

by Steven C. Salop

stevesalop.bsky.social
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.
ericposner.bsky.social
Eric Posner @ericposner.bsky.social · Dec 11
@superwuster.bsky.social @stevesalop.bsky.social @sherman1890.bsky.social The FTC really botched the labor market analysis. The court was sympathetic to their approach and accepted the market definition but complained that it was not supplied with modeling or data, not even HHIs.

by Eric A. Posner — Reposted by: Steven C. Salop

ericposner.bsky.social
@superwuster.bsky.social @stevesalop.bsky.social @sherman1890.bsky.social The FTC really botched the labor market analysis. The court was sympathetic to their approach and accepted the market definition but complained that it was not supplied with modeling or data, not even HHIs.
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by Steven C. Salop

stevesalop.bsky.social
It’s too bad there’s not a small tax on emails to reduce the profitability of this type of scamming spam

by Steven C. Salop

stevesalop.bsky.social
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.
1

by Steven C. Salop

stevesalop.bsky.social
Frog mating weekend
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by Steven C. Salop

stevesalop.bsky.social
Does this mean that there is going to be an attempted coup either way? Or at least riots
pbump.com
Philip Bump @pbump.com · Mar 16
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
2

by Steven C. Salop

stevesalop.bsky.social
Or given your field, if Boeing were to be acquired by Lockheed Martin

by Steven C. Salop

stevesalop.bsky.social
Yes. Or if Boeing wanted to acquire a jet engine producer or helicopter producer, or vice versa
1

by Steven C. Salop

stevesalop.bsky.social
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?
1

by Steven C. Salop

stevesalop.bsky.social
Yes. Duopoly. But where is the antitrust issue? Incompetence by itself does not violate the FTC Act.
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by Steven C. Salop

stevesalop.bsky.social
Important study.

www.nytimes.com/2024/03/06/h...

by Steven C. Salop

stevesalop.bsky.social
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.
1

Reposted by: Steven C. Salop

promarket.bsky.social
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
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