Uber recently settled one lawsuit, but its drivers remain contractors and several court challenges loom—including one that puts the ride-sharing service in the crosshairs of antitrust law.
antitrust
Posted inLaw and Justice
Bring Back Antitrust
Despite low inflation and some bargain prices, economic concentration and novel abuses of market power are pervasive in today’s economy—harming consumers, workers, and innovators. We need a new antitrust for a new predatory era.
Posted inArticle
ANTI-TRUST ME.
Via Chris Hayes, we have top Department of Justice official Christine Varney’s big anti-trust announcement: President Obama’s top antitrust official this week plans to restore an aggressive enforcement policy against corporations that use their market dominance to elbow out competitors or to keep them from gaining market share. … She will assert instead that severe […]
Posted inArticle
USING ANTITRUST LAW TO BREAK UP THE BANKS.
Looks like Simon Johnson is advocating using the antitrust laws to limit the size of banks before members of Congress. I’m glad to see the aproach getting some attention. I agree with Mark Thoma that the laws would require some reform in order to apply — this is about the intrinsic dangers of size rather […]
Posted inArticle
THE ANTITRUST SOLUTION.
Paul Krugman’s column today begins with a shot at Larry Summers but quickly turns into one of Krugman’s best. In it, he gracefully tracks the recent growth of the financial sector, tracing its transformation from “a staid, even boring business” that accounted for less than four percent of GDP in the 1960s to a monstrously […]