Jonathan B. Baker (@jbbecon) profile picture

Author of The Antitrust Paradigm: Restoring a Competitive Economy https://teapawt.net/t.co/QflsivrvIB. Follow @jbbecon on other platforms

Joined December 2011
Photo by Jonathan B. Baker (@jbbecon)Photo by Jonathan B. Baker (@jbbecon)Photo by Jonathan B. Baker (@jbbecon)Photo by Jonathan B. Baker (@jbbecon)Photo by Jonathan B. Baker (@jbbecon)Photo by Jonathan B. Baker (@jbbecon)Photo by Jonathan B. Baker (@jbbecon)Photo by Jonathan B. Baker (@jbbecon)Photo by Jonathan B. Baker (@jbbecon)
My new paper on the political economy of antitrust compares two theories: capture by big business vs. an informal or tacit political settlement among interest groups to pursue inclusive economic growth. ssrn.com/abstract=4497470. 1/2
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The theories differ in implications involving: whether efficiency & growth matter along with distribution, democratic legitimacy of antitrust rules, utility of economic analysis, & source of the critical threat to democracy today. 2/2
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“What About the Supreme Court? The Lurking Threat to US Antitrust Reform” My new essay highlights problems created by Trinko and Amex It’s particularly timely given the role of Trinko in recent appellate decisions in NY v Meta and Epic v. Apple See ssrn.com/abstract=4428908
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Jonathan B. Baker retweeted
It's #ThrowbackThursday again?! Time for a vintage #OurCuriousAmalgam podcast ep. #137 Have We Been Down This Road Before? What History Can Teach Us About the Current Rethinking of #Antitrust, w/@jbbecon Listen at bit.ly/3GBPkmb. Brought to you by @abaantitrust
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Jonathan B. Baker retweeted
Steve Salop has written a provocative piece proposing a "Reasonable Competitive Conduct" antitrust standard that combines elements of judicial decisions, consumer welfare, rule of reason reform, and increased attention to vertical conduct. promarket.org/2023/04/06/the…
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Jonathan B. Baker retweeted
This is a fascinating article with concerns about market powe in the real estate pricing software market (RealPage’s purchase of LRO) in addition to questions about algorithm-supported tacit collusion in the rental market. propublica.org/article/yield…
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In August, we published a great piece on the competitive process goal by @jbbecon (@auwcl). Eleanor E. Fox (@nyulaw) responds: networklawreview.org/fox-com…
Isn’t this conversation assuming unilateral effects? Would you want to define a market to evaluate coordinated effects of a horizontal merger?
But... I mostly teach them for the reasons you mention. Also because some students end up at DOJ/FTC/Consulting and judges still care about SSNIPs, etc.
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Jonathan B. Baker retweeted
Replying to @jbbecon
@jbbecon is right. "Competitive process" is a nothingburger that means anything you want it to; that's why left, center, and right have all cited in support of their own positions. A goal that cannot be measured by reference to output or innovation is no goal at all.
“If legislators want to strengthen the antitrust laws by addressing the standard for a violation, they can do better than by instructing courts that conduct violates the antitrust laws if it ʻharms the competitive process’,” @jbbecon for @NetworkLawRev at networklawreview.org/baker-g…
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Here’s a link to my new paper on “Finding Common Ground Among Antitrust Reformers” ssrn.com/abstract=4141668 1/3
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It places the views of leading camps in today’s antitrust policy debate in historical context and explains why antimonopolists (neoBrandeisians) and post-Chicagoans (centrist reformers) should work together to advance both groups’ goals 2/3
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It identifies fault lines they must navigate in order to do so and areas of potential common interest. I hope you enjoy it. 3/End
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Fiona asks a good question in this thread. With a polarized Commission, the addition of a 3rd Democrat should give Chair Khan substantially more ability to implement her agenda
This quoted post is unavailable.
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Forgot to call out @ProfFionasm by her twitter handle
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