Recent Articles

The Law Market

Geoffrey Manne
January 06, 2009 16:10

The Law Market, Larry Ribstein’s new and important book with Erin O’Hara looks great and is available here from Oxford University Press.  The book description from the website sets the stage: Today, a California resident can incorporate her shipping business in Delaware, register her ...

AEA Meeting

Geoffrey Manne
January 02, 2009 20:23

I’m off to the American Economics Association meeting in San Francisco tomorrow.  Any of our loyal readers attending who want to try to meet, please let me know.  Happy New Year!I’m off to the American Economics Association meeting in San Francisco tomorrow.  Any of our loyal readers at...

More on Letter of Intent and Release Bargaining

Geoffrey Manne
December 30, 2008 23:29

Last month I highlighted the story of DeMarcus Cousins, a blue chip high school basketball recruit who was playing a game of chicken with the University of Alabama-Birmingham (UAB) over signing his National Letter of Intent — the letter that commits a player to attend the university and...

Is Antitrust Too Complicated for Generalist Judges?

Geoffrey Manne
December 30, 2008 17:27

One of the highlights of my recent time as Scholar in Residence at the Federal Trade Commission was the opportunity to work with some of the brightest minds around on antitrust issues on investigations and policy projects as well some academic projects.  The subject of this post is one of those ...

Caplan on the Law as a Phony Discipline

Geoffrey Manne
December 30, 2008 17:00

Bryan Caplan writes: At risk of offending my many friends in the legal academy, I think that law is a shockingly phony discipline.  Virtually everyone - liberal, conservative, Marxist, libertarian, or whatever - imagines that the law conveniently agrees with what they favor on non-legal grounds.  A...

Economic Issues in the Ovation Complaint

Geoffrey Manne
December 29, 2008 15:19

On December 16, 2008, the FTC filed a complaint against Ovation Pharmaceuticals that challenged its 2006 acquisition of the drug Neoprofen from Abbott.  (The acquisition had fallen beneath the HSR thresholds and thus was not subject to an HSR investigation prior to consummation).  While the c...

Welcome Guest Blogger Mary Coleman

Geoffrey Manne
December 29, 2008 03:45

Bill’s shift to emeritus status and move to Arizona are not the only changes at TOTM for the coming new year. We’ve also got some plans to make sure that we’re feeding our loyal readers a steady stream of law, economics, and business content.  One of these plans can’t wait ...

Bill’s News

Geoffrey Manne
December 28, 2008 19:28

There’s good and bad news for Truth on the Market, and I wanted to share both with our loyal readers. The good news:  Bill, co-founder of this blog and stalwart of our early blogging days’ focus on securities regulation and corporate law and governance, has accepted a new, senior ...

Dominant Incumbent, Meet the New Entrant

Geoffrey Manne
December 27, 2008 15:28

The new Competition Law Center at George Washington University School of Law (see earlier post at ACP here), funded by a $5.1 million cy pres award from alum and plaintiff’s lawyer Michael Hausfeld (formerly of Cohen, Milsten Hausfeld and Toll, now Cohen, Milsten, Sellers and Toll) will be...

Top Ten Antitrust Articles of 2008

Geoffrey Manne
December 24, 2008 17:15

Its the time for end of the year lists. In conjunction with Danny Sokol’s survey of nominations for article of the year in 2008 (here are last year’s entries and here’s my list of the top 10 from last year), and without further ado, here are my personal, idiosyncratic, completely...