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Laurel Profile
Laurel

@BalanceCrafting

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Work: @econliberties Postwar Germany VC magician antitrust saga: My views are a special arrangement sanctioned by history.

Joined October 2023
Don't wanna be here? Send us removal request.
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@BalanceCrafting
Laurel
@BalanceCrafting
11 days
The one and only @linakhanFTC speaking at @ycombinator , lots of #AI founders here "Historically, these inflection points are where we see incumbents pick winners and losers, preventing startups from competing on merits" Need open markets, open architecture, and open ecosystems
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@BalanceCrafting
Laurel
@BalanceCrafting
2 months
Judge YGR blasting Apple for not producing sufficient evidence: "I want ALL documents relating to Apple's decision-making with respect to issues in front of the court. From the day that my decision came out until the present."
@BalanceCrafting
Laurel
@BalanceCrafting
2 months
Another hearing on Apple's disregard for rule of law: today at 9am PT. Apple flouted Judge Yvonne Gonzalez Rogers' remedy order from Epic app store case. What will she do about it? Watch: Webinar ID: 161 876 4848 PW: 715550 Phone: (669) 254-5252
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2 months
Epic v. Apple status update: Pause in hearings for a few weeks while Apple belatedly searches for documents about how its execs decided to charge developers 27% for linking to their own websites. Next is status conference 6/17 No more hearing dates yet
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Status Conference – #983 in Epic Games, Inc. v. Apple Inc. (N.D. Cal., 4:20-cv-05640) – CourtList...

Minute Entry for proceedings held before Judge Yvonne Gonzalez Rogers: Status Conference held on 6/5/2024. Apple to complete the first step of the process; and is instructed to remove redactions for...

www.courtlistener.com
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@BalanceCrafting
Laurel
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1 month
Wow: merger waves cause double digit rightward swing among small business owners
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@ProMarket_org
ProMarket
@ProMarket_org
1 month
In new research, @tcrescioli & @ToonVanOverbeke find that small business owners and their families who have lost revenue share to rising market concentration among big businesses have turned to far-right political parties to express their grievances.
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13 days
Judge Hodge of E.D. PA didn't have to rock this hard today– but she did. The ATS tree care company litigated this case so badly *it didn't even give the court copies of its precious noncompete agreements.* Hodge could have narrowly focused on how laughably weak... 🧵
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@LeeHepner
Lee Hepner
@LeeHepner
13 days
🚨 A federal judge in PA has DENIED plaintiff ATS Tree Services’ motion to block the FTC’s rule banning worker noncompete agreements. Starting September 4, virtually all noncompete agreements across the country will be void. Big win for the FTC and tens of millions of workers.
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1 month
After jury found Google guilty in Epic trial– where only remedy sought was injunction, not money– Google complains cost of unrigging app stores could be tens or hundreds of millions of dollars. So, what, a few days of profit?
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1 month
My favorite part of the Sherman Act is the part that says fast growth in stock prices never comes from rising monopoly power
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2 months
@FranklinH3000 @LeeHepner Google originally demanded a jury trial and raised no objections to the planned jury trial for the first 15 months of proceedings. Hard to claim this is some principled stance about the supposed inherent virtues of bench trials.
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Laurel
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2 months
Another hearing on Apple's disregard for rule of law: today at 9am PT. Apple flouted Judge Yvonne Gonzalez Rogers' remedy order from Epic app store case. What will she do about it? Watch: Webinar ID: 161 876 4848 PW: 715550 Phone: (669) 254-5252
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@BalanceCrafting
Laurel
@BalanceCrafting
3 months
First witness is head of the App store, Matthew Fischer Judge Gonzalez Rogers annoyed that he's trying to avoid giving his personal opinion about whether it's important for developers to be able to communicate with customers inside app as well as outside.
@BalanceCrafting
Laurel
@BalanceCrafting
3 months
Epic v. Apple hearing is live now. Zoom: or Phone: (669) 254-5252
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3 months
Why so much negativity about TSMC? Sounds like TSMC is doing an excellent job training Americans for a bright future at our own national champion, McKinsey.
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@matthewstoller
Matt Stoller
@matthewstoller
3 months
The stories about Taiwan Semiconductor culture aren't good. The narrative of 'Americans can't cut it' is more 'TSMC execs are horrible managers who regularly abuse employees.' Top Taiwanese engineers won't work at TSMC for a reason.
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2 months
Google, a publicly traded $2 trillion dollar company, complains that calculating its costs for offering Google billing is "hard." Donato: If you can't give it to me, I will take next best number. We all know what Stripe does. If you can't come up w/ number, I have no alternative
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Laurel
@BalanceCrafting
2 months
So private equity is apparently behind the radical revisions to Delaware law that would let Boards contract around shareholder governance...
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@jfleming2870
Joel Fleming
@jfleming2870
2 months
Here are the names that show up when you search Delaware Chancery dockets for complaints challenging the types of agreements that the amendments seek to retroactively legalize. Notice a trend?
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Laurel
@BalanceCrafting
2 months
Some people will do anything to audition for a leadership role in commercial airplane manufacturing.
@SDonziger
Steven Donziger
@SDonziger
2 months
BREAKING: In a landmark victory for human rights, a US jury just found ��� @Chiquita ⁩ guilty of funding death squads in Colombia that were killing people near the company's banana farms. First time US courts hold major corporation accountable for human rts abuses abroad.👊🙏
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Laurel
@BalanceCrafting
22 days
What a handy list
@QCompounding
Compounding Quality
@QCompounding
22 days
20 Quality Stocks You Should Know Monopolies and oligopolies outperform the market over time Here are 20 stocks that should beat the S&P 500:
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3 months
Yup, not working. Judge interrupts direct: "You're telling me that of the thousand people were involved [in pricing committee process], and not a single person said we should consider the cost of [payment processing] to a developer"?
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@BalanceCrafting
Laurel
@BalanceCrafting
2 months
Rare comeback opportunity for an iconic company ruined by an out-of-touch conglomerate that basically saw @AnchorBrewing as a collection of vats for its own products. 🍺 As a former brewer said when the craft beer maker shuttered last year... 🧵(1/4)
@hamdiulukaya
Hamdi Ulukaya
@hamdiulukaya
2 months
I am honored to work with the people of San Francisco to bring @AnchorBrewing , this dream, back to life.
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3 months
Judge YGR asks why Apple demands a cut of any customer purchases for full 7 days after customer clicks link to devs own websites. Why not 12 hrs? 72 hrs? Oliver says due to risk of dev fraud and abuse. YGR: What data supports? O: Our internal expertise YGR: No docs? O: No
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@BalanceCrafting
Laurel
@BalanceCrafting
3 months
Just saying, this reverse Apple ad would make an *excellent* hype reel for any antimonopoly summit that happened to be in want of a hype reel.
@rezawrecktion
Reza Sixo Safai
@rezawrecktion
3 months
Hey @Apple , I fixed it for you (sound on)
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3 months
DOJ's work led to 20 mergers abandoned in last 2.5 years + "We have won our last three civil merger trials" #ams2024 Jonathan Kanter
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Laurel
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2 months
Economies of scale!
@lorenzofb
Lorenzo Franceschi-Bicchierai
@lorenzofb
2 months
NEW: After a week of rumors, we can confirm it's true: hackers breached TicketMaster and stole customer data. We obtained a sample of alleged TicketMaster customer data and we verified it is legitimate. (Unclear how much data or how many customers.)
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3 months
Epic v Apple sanctions roast is back live now. 🍿🍿 Resuming with Alex Roman ("a" not "the" VP of Finance at Apple). When last we left off, he had been reprimanded that he is under oath. Can he recover in the 2nd half? Zoom: Phone: (669) 254-5252
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@BalanceCrafting
Laurel
@BalanceCrafting
3 months
In terms of demeanor, Fischer is a calm witness who doesn't fall into word traps. He just has no credible defenses to any of these lines of questioning, because there are none. When he retreats to bureaucratese ("that was the decision that was made" etc.), YGR has no patience.
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3 months
@Cravath Judge YGR: "Was there any other reason given, besides stifling competition?" Head of Apple App Store (Fischer): "I don't remember exactly the discussion we had around button styles." YGR: "So the answer is 'no'?" Fischer: "... ... ...No."
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Laurel
@BalanceCrafting
2 months
Indiana, Massachusetts, Nevada, and Washington just joined DOJ's antitrust suit against Apple, bringing total to 19 states* + D.C. *Okay technically Massachusetts is a Commonwealth because they're historically weird and precious about things like that
@JusticeATR
Antitrust Division
@JusticeATR
2 months
Four Additional States Join Justice Department’s Suit Against Apple for Monopolizing Smartphone Markets 🔗:
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1 month
Which public beach is it now?
@TechCrunch
TechCrunch
@TechCrunch
1 month
What Vinod Khosla Says He’s ‘Worried About the Most’
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Laurel
@BalanceCrafting
2 months
This small yoga app is bringing way more concrete and specific empirical data than Apple has come up with for this proceeding
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Laurel
@BalanceCrafting
3 months
Epic v Apple not enough for you? Hungry for more? Try Epic v Google next Thurs, by zoom + in person SF. Now that G is officially, legally a monopolist– and Apple has shown us how monopolists refuse to comply with court orders in good faith– what remedies will G face? Tune in
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2 months
Epic counsel asks Down Dog CEO what he thinks about the Apple pop-up suggesting clicking on a weblink (dynamic URL) is a "security risk" Down Dog: If "dynamic URLs" are a security risk, then all of iOS, and all of the internet would be a security risk.
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Laurel
@BalanceCrafting
23 days
Not super consequential, but a small refreshing bit of public access: Magistrate Judge John Anderson denied Google's motion to seal info re its cybersecurity expert. Like no, amount G spends on adtech privacy/security is not a trade secret. 1A prevails.
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Laurel
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3 months
#AMS2024 "It's not about one particular fee. It's about an economy that feels broken." Rohit Chopra Innovation should be about improving products, not innovations in price gouging.
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3 months
@Cravath Judge YGR: "What's a logical objective reason for not suggesting it, but demanding it?" Head of App Store: "We're in early days of these new capabilities" YGR: "You still haven't answered my question. Other than to stifle competition, I see no other answer."
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3 months
Another screen indicates that if users are uncomfortable with external links, they can encourage developer to user Apple's in-app payment or use a different app that does. Head of App Store Matthew Fischer claims this is not "steering" users 🤔🤪
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Laurel
@BalanceCrafting
11 days
Jonathan Kanter speaking at @ycombinator AI is an exciting transformation, but we have to get it right. Need opportunity for businesses to compete fairly on the merits Competition is essential at technological inflection points, especially early on so innovation can flourish
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13 days
But instead, she also thoroughly dissected why ATS failed to show it would likely prevail on the merits. This was so thorough, it can basically be copy-pasted as a merits opinion. No doubts here. FTC def. has authority to make substantive noncompete rule. Plain text is a thing.
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3 months
Exactly. Many judges are non-technical. Amount of educational effort required for judge vs jury is not that different. But more importantly, juries get right & wrong. They get witness credibility. Judges can be naive & credulous of witnesses that juries see through
@jason_kint
Jason Kint
@jason_kint
3 months
As someone who attended a good portion of Google’s search trial watching Judge Mehta get educated on the case and having reviewed the details of the adtech lawsuits, I’m 💯 certain a jury of Americans can understand the case they need to present. Tell Google to get lost.
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@BalanceCrafting
3 months
Fischer acknowledges that Apple doesn't require devs selling physical goods to display warning before using third party payment services But does require warning for digital goods.
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Laurel
@BalanceCrafting
1 month
Big Tech hiding and destroying evidence from courts worldwide
@ryan_cropp
Ryan Cropp
@ryan_cropp
1 month
We did a story last week on missing documents and self-deleting texts, and how it's frustrating judges the world over
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@BalanceCrafting
2 months
Hellscapes of San Francisco (Just look at this trash some neighbor threw on the curb)
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5 months
In an existential emergency like WWII, wouldn't allocating procurement to small businesses be wasteful and inefficient? Smaller War Plants Corporation: Oh, so you want to talk about waste and inefficiency? Challenge accepted! #swpc 1/8
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@BalanceCrafting
3 months
Fischer says they are just providing "objective" info to user with pop-up about risks of links Judge YGR: "How is this objective if you haven't done any studies" to compare security with Paypal etc. Fischer: "We don't make that claim" Judge YGR: "That's what you imply"
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@BalanceCrafting
3 months
Apple has an "External Link entitlement" program. But developers have to submit a request: "Apple reserves the right in its sole discretion to deny or revoke a link entitlement at any time" So... they're not actually entitled to the entitlement.
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Laurel
@BalanceCrafting
3 months
Overall: brutal day for Apple. Apple's restrictions = obvious overreach. Judge frustrated w/ both Apple witnesses; Head of App Store mostly on substance, but VP of Finance also b/c he was cagey. Apple's boring directs put justifications into record, but what can they salvage?
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Laurel
@BalanceCrafting
3 months
Judge Gonzalez Rogers: "You're telling them TWICE. This is redundant. It's the exact same thing in different form." She's said "redundant" like 4x now. This is not going well for Apple.
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Laurel
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3 months
For the billionth time, Roman says decisions were "discussed with the business team and the legal team" Judge YGR snaps: "I'll hear from them later. You tell me what you discussed with them"
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Laurel
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2 months
Missed this dig from Google when FTC opened investigation into MS deal with OpenAI. Wonder why they didn't include an extensive list of all the app stores you can choose from on Android to really drive home that dig... 😂
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@BalanceCrafting
3 months
Discovery hearing in Google Adtech case (E.D. Tx.) will have a public audio line:
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1 month
Wondering about Epic v Apple status? Hearing still paused; rest of summer Apple searches docs about its sham compliance w/ court order to let devs link to their own websites. (Pour one out for attys who jointly filed this 11:22pm July 3rd. I see you!)
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3 months
The "Apple's Contempt for the Rule of Law" hearing: Day 3 is live now. (Is 9:30am PT too early for🍿? No, it's always popcorn o'clock somewhere) Zoom audio: Phone: (669) 254-5252
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17 days
FT connects Crowdstrike debacle to sector concentration
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@FT
Financial Times
@FT
17 days
Opinion: The fallout appears to span large swaths of the world economy. Such a widespread failure will, at the very least, raise serious questions about quality control and internal testing processes. That should spook customers
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3 months
Epic counsel: "Is it fair to say that in this day and age, everyone understands that a URL goes to an external website on the open internet?" Head of App Store Fischer: "Yes."
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@BalanceCrafting
2 months
Google wants more briefing D: You've submitted 90 pages. What more do you want to say?! We'll have closing arguments, and that's it. G: more blather asking for more-- D: [cuts in, utterly blasé] if you don't like it, you'll take it up on appeal. Thanks everyone /end hearing
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3 months
Trustbuster on whether leaving postwar Germany with deconcentrated economy rather than concentrated economy would be a "permanent solution." "[I]t is very much like washing your face. I mean, no permanent solution has been discovered; but it is still worthwhile to do."
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2 months
Wow. Remanded for new trial because jury instructions did not tell jury to consider anticompetitive "purpose" and judge erred by excluding evidence on that point.
@statnews
STAT
@statnews
2 months
An appeals court overturned Sutter’s win in a case alleging the health system used its market power to drive up health care costs across California by more than $400 million.
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3 months
Fischer concedes Apple already had opportunity to review security of external link at time of approving app. Fischer concedes he's not aware of *any* study showing Apple in-app payment methods any more secure than e.g. Paypal/Stripe or other third party services developers use.
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3 months
Epic counsel (Lauren Moskowitz of @Cravath ) on a roll with cutting jabs: "Are you aware of any analysis conducted by Apple about whether a user would click plain link looking button as opposed to something that... *actually looks like a button*?" Head of App Store: "No"
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2 months
Sounds like @hamdiulukaya sees @AnchorBrewing for what it was & could be: a locally-rooted business to be run for its own success, not a bunch of vats to generate efficient "synergies" for some distant master. 🍻 Cheers to Anchor's next century! 🍻 (4/4)
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Anchor Brewing to be purchased by Chobani yogurt founder

Mission Local has learned that Anchor Brewing's new owner will be the billionaire founder of Chobani yogurt, Hamdi Ulukaya.

missionlocal.org
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2 months
Unscrambling FTW
@CNBCOvertime
CNBCOvertime
@CNBCOvertime
2 months
Dupont closing higher in a down market after news it's planning to split into 3 public firms. @MichaelSantoli takes a look at how the market has rewarded other companies have take that step
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5 months
But mah efficiency? "Efficiency, in itself, is a fetish with totalitarian characteristics" 5/5
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3 months
"How often do you do analysis without data"? Cross question by Epic counsel? Nope, that was Judge YGR. Roman: "It is frequent that to make some decisions you do not have perfect information." Judge YGR: "But you have NO data."
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5 months
What policies should support small businesses? Here's what the Smaller War Plants Corporation suggested in one report on "Small Business and the Future of American Capitalism" * Enforce antitrust laws * Prevent unfair trade practices and 1/5
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11 days
Audience asks @linakhanftc if companies need to merge to compete "In general we think illegal behavior is never okay, even if other companies are doing them." We see this arms race to monopolization in other industries, healthcare too. Law says stop monopolization in incipiency
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3 months
"It's fair to say consumers understand difference between Apps they get from Apple and world wide web?" "Yes"
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3 months
Even in elementary school, I did not buy adults' implicit claim that there are only two categories of people: leaders and followers. What about people who independently do their own thing and make up their own minds? Obsessive reductionism into these categories is authoritarian
@TheEconomist
The Economist
@TheEconomist
3 months
If there is one thing anyone with a job and a pulse needs to learn, it is how to lead. That, at least, is the message from the tsunami of books, courses, videos and podcasts on the topic. But the behaviour of followers is still crucial:
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2 months
If your focus is Big Tech, you might not have seen Supreme Court's bad Starbucks NLRB decision. But Microsoft sure did. This isn't some niche labor thing- MS argues district court rightly refused to pause Activision deal b/c FTC had to meet super high injxn standard.
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3 months
Judge YGR: "It sounds to me as if the goal was to maintain the business model and revenue that you had in the past, right? Finding out a different way to keep your revenue stream?"
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Laurel
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3 months
Judge YGR jumps in again when Head of App Store Matt Fischer hedges question about "friction." He concedes it's possible users might drop out of process & turn back to IAP, but claims not intent of Apple's "compliance" here. YGR: "This [friction] is well known in the industry."
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13 days
It's a ready-made merits opinion, steelproofed for appeal. 🔥🔥🔥 The legislative history alone is a mini-treatise. But that's not all! Check out the well-earned swipes with a vibe of "Toto, this isn't the 5th Circuit. This here is a *real* court"
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3 months
Roman: After debate, that's what we concluded.... Devs would be incentivized to provide link out once they had operational background. [Blah blah blah] Judge YGR: You're aware other people at Apple testified otherwise? Roman: No. Judge: Interesting.
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23 days
Update on Ohio AG's case alleging Google should be regulated as a common carrier: This week, judge vacated the trial date Why? (1/7)
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Laurel
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5 months
FTC Chair Lina Khan has a new standup comedy routine– and she's opened a public comment period in @TheSlingUtah asking YOU to help crowdsource new material.* Play along via #Khanstandup ! The most terrifying words in the English language are no longer...
The Most Terrifying Words in Lina Khan’s Stand-Up Comedy Routine - The Sling

With a budget that sets staffing below 1979 levels, FTC Chair Lina Khan has scarce time and resources to devote to perfecting her stand-up comedy routine. So it’s time to open a public comment period...

www.thesling.org
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Laurel
@BalanceCrafting
3 months
Have thoughts on Medicare Advantage? HHS/CMS is collecting public comments until May 29 #ams2024
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Laurel
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3 months
"I would settle for judges who read the damn law and apply it as written." "I've read the damn law." There's nothing about "good monopolies" in there. @SenWarren #ams2024
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Laurel
@BalanceCrafting
6 months
Sorry @baselmusharbash but looks like someone has already posted the best Smaller War Plants Corporation archival document of all time. Of all time.
todaysdocument

“ “Stay off gobbledygook language.” ” Seventy years ago, there just wasn’t a suitable term for those brain-scalding, rage-inducing concoctions of grammar and syntax masquerading as language. Well,...

todaysdocument.tumblr.com
@musharbash_b
Basel Musharbash
@musharbash_b
6 months
Looks like I need to make a trip to the National Archives and poke around 👀
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3 months
They got into private equity and killed small businesses instead. Much lower conviction rate.
@AlecStapp
Alec Stapp
@AlecStapp
3 months
What explains this chart
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3 months
Head of App Store Fischer says that as of last week, only 38 app developers have applied. All granted, but Fischer has not checked whether they were able to implement external links to payment. Judge asks Apple to provide list later.
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Laurel
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3 months
This is different than how Apple treats non-transactional links. Developers can include other random links without requesting permission from Apple first. Epic's counsel gave several other examples of things developers can do without going through types of steps required here
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1 month
*in Europe (which may be the "in mice" of American policymaking, but still).
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2 months
Nonetheless, Apple cross-exam criticizes the yoga app for not having adequate data about customer confusion or A/B tests on Apple's specific screens Also suggests Down Dog is biased b/c they would benefit from lower fees. (Is that supposed to be a gotcha? 🤣)
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Laurel
@BalanceCrafting
5 months
✅Stealing an invention is now "patent behavior" that causes "patent injury." ✅Using racial epithets at work is now "civil rights behavior" that causes "civil rights injury." ✅Lying to shareholders is now "securities behavior" that causes "securities injury." #gobblydebork
@musharbash_b
Basel Musharbash
@musharbash_b
5 months
Ok this is a good story but i swear, if I hear one more reporter call actions that violate of the antitrust laws ~antitrust behavior~ I’m going to go berserk on y’all. Why can’t reporters just say that DOJ alleged that XYZ company engaged in monopolistic behavior?
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13 days
argument that it would suffer irreparable harm if it had to cancel its noncompete clauses while awaiting decision on the merits. The most specific thing ATS pointed to was $1211.58 to pay counsel to revise contracts. But ordinary compliance costs alone are legally insufficient
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Laurel
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13 days
No this is not an impermissible delegation of Congress's authority. Stop running to the Constitution every time you don't get to exploit and dominate people with a contractual clause as much as you want. So in sum, this is not merely denying an injunction...
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Laurel
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13 days
Nope, 5th circuit won't fly here... and btw have you ever considered keeping employees through your amazing "culture of mutual commitment" instead of threatening them like indentured servants and complaining that notifying them that noncompetes are invalid would cost you $27.78?
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3 months
Apple puts pop-up screen in front of users before they can click on external link. Apple dictates content; developers can't change anything about display. This message takes over whole iPhone screen. Different/more obtrusive than other Apple consent screens, like for geolocation
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Laurel
@BalanceCrafting
3 months
After another Apple counsel question, Judge YGR says: if there's no evidence for it, I'm not considering it. Oliver makes claims about customers, but bases just on what colleagues told him Judge YGR: that's hearsay. Super skeptical re lack of written support for Apple position
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Laurel
@BalanceCrafting
1 month
Every day is already "economics day" in the rule of reason hegemony, but now there's an official day for it in the Amazon case (Judge wants a tutorial this fall, where he can ask experts questions about theories just based on complaint, not discovery)
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Statement – #263 in Federal Trade Commission v. Amazon.com Inc (W.D. Wash., 2:23-cv-01495) –...

STATEMENT of Plaintiffs and Defendant re 252 Status Conference,, Set Hearings, (Joint Statement Regarding Proposed Economics Day Hearing) by Defendant Amazon.com Inc (Eakes, Patricia) (Entered:...

www.courtlistener.com
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Laurel
@BalanceCrafting
3 months
Meanwhile, Google realllly does not want a jury to get anywhere near the E.D. VA. adtech case
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3 months
Judge snaps at Apple counsel: "Do not lead him." This just keeps getting worse for Apple.
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3 months
Have thoughts on healthcare consolidation? Public comments open until June 5 #ams2024
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FTC, DOJ, and HHS Extend Comment Period on Cross-Government Inquiry on Impact of Corporate Greed in...

The Federal Trade Commission, the Department of Justice’s (DOJ) Antitrust Division, and the U.S.

www.ftc.gov
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Laurel
@BalanceCrafting
3 months
Gonzalez Rogers has no patience for Apple objecting to Epic putting up example pop-ups from other contexts. Fischer concedes asking permission to track users across apps/contexts is "not trivial" permission– yet that gets a simpler screen without scary language.
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13 days
The Supreme Court's made up Major Questions Doctrine doesn't apply because unlike that EPA case, FTC has used this statutory section for 26 other substantive rules
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Laurel
@BalanceCrafting
3 months
Massive divergence between underlying cost and price for consumers [This graph is beef, but chicken graph was similar]
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21 days
Um what was the Antitrust division even doing before Kanter? How do you run an enforcement division without a trial lawyer mindset across groups? Not every staffer needs to be a litigator, but you need *someone* who sees the end game to ask the right questions in investigations
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@nhegde
Nidhi Hegde
@nhegde
21 days
Nice article outlining how AAG Kanter @JusticeATR has made strategic investments in structuring the division to build a bench of lawyers who can take more companies to court and win.
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Legislative history also supports FTC authority over and over. Not just when statute was adopted, but later legislative history considering and rejecting amendments too. Courts have confirmed this before. Judge also rejects ATS's other arguments...
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3 months
When Judge Hoyt dismissed private equity firm Welsh Carson from an anesthesia roll-up antitrust lawsuit (b/c it had minority share by then), what message did that send to private equity? "Get in, get out, and you can dodge liability." (So much for deterrence) #ams2024
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3 months
Taps the taxonomy sign.
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@Sherman1890
Herbert hovenkamp
@Sherman1890
3 months
@Caffar3Cristina @ProfSchrepel One reason that neo-Brandeisians have such an exaggerated perception of their own influence is that most of them read and engage only one another. In this day particularly, it is important to read right, left, and center and try to understand everyone.
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2 months
How did the midterm elections of 1946 impact the balance of power between the bankers and the trustbusters reforming postwar Germany? New post (see reply for link) #decartelizationdrama
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15 days
Latest development in FTC's case accusing Amazon of tricking users into hard-to-cancel Prime memberships (filed June 2023, jury trial set for June 2025): FTC filed motion to strike three (of many) Amazon affirmative defenses. May be an uphill battle for FTC... 🧵
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@BalanceCrafting
2 months
Sapporo "chase[d] trends" while "diluting and denigrating the established brand" and even canceled Anchor's marquee Christmas release. More background: Fortunately... (3/4)
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Last call: Anchor Brewing bids adieu, and another piece of SF dies

San Francisco's 127-year-old Anchor Brewing bids adieu after years of business struggle, and a piece of the city dies.

missionlocal.org
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Laurel
@BalanceCrafting
3 months
Here's Roman's declaration, by the way. Really helps the public follow along
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