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Steve Salop

@stevesalop.bsky.social
2.6K followers 477 following 406 posts

Prof of Econ & Law Emeritus, Georgetown Law Antitrust & Competition, IO Econ, Law and Psych Post-Chicago & Still Evolving papers.ssrn.com/sol3/cf_dev/AbsByAu… www.law.georgetown.edu/faculty/stev…

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Reposted by Steve Salop
Educator @drannlopez.bsky.social · 09/02/2025
#BlackHistoryMonth
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Reposted by Steve Salop
Mark Cuban @mcuban.bsky.social · 09/02/2025
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...
globalnews.ca
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.
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Steve Salop @stevesalop.bsky.social · 08/02/2025
I’d appreciate comments. Will RPGs be next?
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Steve Salop @stevesalop.bsky.social · 08/02/2025
Here is a link to my new article on the raising rivals cost approach to the Robinson Patman Act. www.promarket.org/category/the...
promarket.org
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...
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Steve Salop @stevesalop.bsky.social · 03/02/2025
Proud of my congressman Jamie Raskin. m.youtube.com/watch?v=Xo3P...
m.youtube.com
Jamie Raskin challenges DOGE, Elon Musk; fight over USAID shutdown by President Donald Trump begins
YouTube video by Austin American-Statesman
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Steve Salop @stevesalop.bsky.social · 26/01/2025
The history of the Internet youtu.be/Ko8Pz4Y-tYo
youtu.be
Most Popular Websites 1995 - 2023
YouTube video by Data Is Beautiful
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Steve Salop @stevesalop.bsky.social · 09/01/2025
Must read article by Mark Lemley
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Steve Salop @stevesalop.bsky.social · 09/01/2025
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Steve Salop @stevesalop.bsky.social · 09/01/2025
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.
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Steve Salop @stevesalop.bsky.social · 16/03/2024
Frog mating weekend
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Steve Salop @stevesalop.bsky.social · 16/03/2024
Does this mean that there is going to be an attempted coup either way? Or at least riots
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Steve Salop @stevesalop.bsky.social · 07/03/2024
Important study. www.nytimes.com/2024/03/06/h...
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Steve Salop @stevesalop.bsky.social · 07/03/2024
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.
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ProMarket @promarket.bsky.social · 06/03/2024
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...
promarket.org
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. ...
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Steve Salop @stevesalop.bsky.social · 20/02/2024
I'm amused at antitrust lawyers trying to treat the 5th Cir decision in Illumina/Grail as an FTC loss. The Court affirmed the FTC on anticompetitive effects -- a big Win. On the sufficiency of the Illumina's voluntary fix, the Court adopted Comm Wilsons approach, but she rejected that remedy.
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Reposted by Steve Salop
ProMarket @promarket.bsky.social · 13/02/2024
Business and economic thought instituted at least since the Reagan Revolution in the US have promoted firms’ narrowly self-interested, profit-maximizing conduct. This paradigm leads to social distrust and insufficient cooperation, @stevesalop.bsky.social explains www.promarket.org/2024/02/13/w...
promarket.org
Why Business Should Be More Prosocial, and Ten Guidelines for How - ProMarket
Business and economic thought instituted at least since the Reagan revolution in the United States have promoted firms’ narrowly self-interested, profit-maximizing conduct even at the expense of consu...
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ProMarket @promarket.bsky.social · 09/02/2024
Why has antitrust enforcement declined in the U.S. since the 1970s? Is it due to the preferences of voters, business influence, or an alternative explanation altogether? @jbbecon.bsky.social critiques the big business capture theory and suggests an alternative. www.promarket.org/2024/02/09/h...
promarket.org
Has Antitrust Been Captured by Big Business Interests? It’s Not So Simple - ProMarket
Why has antitrust enforcement declined in the United States since the 1970s? Is it due to the preferences of voters, business influence, or an alternative explanation altogether? In this symposium, Jo...
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Steve Salop @stevesalop.bsky.social · 09/02/2024
Elon Musk as Milo Minderbinder -- selling Starlink to both Russian and Ukraine.\ www.defenseone.com/threats/2024...
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Arin Dube @arindube.bsky.social · 08/02/2024
In my Project Syndicate commentary, I provide updated evidence on how the tight labor market has raised real wages for low and middle wage workers, and why policies by JoeBiden deserve credit. 1/
project-syndicate.org
Credit Bidenomics for Rising US Wages | by Arindrajit Dube - Project Syndicate
Arindrajit Dube explains how the US administration’s proactive fiscal approach has helped boost households’ purchasing power.
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Steve Salop @stevesalop.bsky.social · 06/02/2024
Shift in beer consumption from Bars to Home during pandemic
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Steve Salop @stevesalop.bsky.social · 03/02/2024
I have finally finished my article, "The 2023 Merger Guidelines: A Post-Chicago and Neo-Brandeisian Integration" for the Review of Industrial Organization symposium. Comments appreciated. papers.ssrn.com/sol3/papers....
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Steve Salop @stevesalop.bsky.social · 02/02/2024
Krugman yesterday on "Better than Goldilocks Economy." I wish someone would do a retrospective on Paul vs Larry predictions. @claudiasahm.bsky.social
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Steve Salop @stevesalop.bsky.social · 02/02/2024
“Inflation has fallen. Why are groceries still so expensive?” This Washington Post headline writer needs to take a little remedial math course
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Timothy Noah @timothynoah.bsky.social · 31/01/2024
My latest: Yes, Elon Musk met his Tesla targets. No, he still doesn’t deserve the $56 billion Tesla’s board paid him. Pull up a chair and I’ll explain why not.
newrepublic.com
That Judge Is Right. Elon Musk Isn’t Worth What Tesla Pays Him.
His compensation package was too comical to survive court.
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Steve Salop @stevesalop.bsky.social · 29/01/2024
Modern slavery
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Steve Salop @stevesalop.bsky.social · 28/01/2024
Important Steve Schmidt article on slavery and the new Texas standoff. open.substack.com/pub/stevesch...
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Steve Salop @stevesalop.bsky.social · 24/01/2024
Quite a story !! Heads will roll. I hope his is not one of them.
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Steve Salop @stevesalop.bsky.social · 24/01/2024
Pretty interesting
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Steve Salop @stevesalop.bsky.social · 20/01/2024
I definitely was not clear. I meant ethical rules for business people that Economists would buy into.
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Steve Salop @stevesalop.bsky.social · 20/01/2024
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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Herb Hovenkamp @sherman1890.bsky.social · 18/01/2024
When are “breakups” of high tech the best approach to dealing with its antitrust violations, or when will other types of remedies work better? My new piece addressing these issues will be in the Journal of Law and Innovation.  papers.ssrn.com/sol3/papers....
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Laurel @balancecraft.bsky.social · 18/01/2024
Long list of FTC accomplishments over just the past month. Stopping anticompetitive mergers, stopping geo location tracking of doctor visits, proposing new kid privacy rules, issuing new merger guidelines and more.
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Jonathan B. Baker @jbbecon.bsky.social · 18/01/2024
Some comments on the JetBlue/Spirit merger opinion. My sense is that DOJ just barely won—the court seemed close to deciding the other way and it came close to inviting the merging firms to try again in the future. Here’s a summary. 1/6
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Steve Salop @stevesalop.bsky.social · 18/01/2024
I’m following lots of economists. So you might look at my list to get started building your network. I did this as a public good - like paying taxes, but cheaper
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Steve Salop @stevesalop.bsky.social · 18/01/2024
They are Sharpie Stigmata
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Steve Salop @stevesalop.bsky.social · 18/01/2024
Definitely worth reading.
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Dr. Lucky Tran @luckytran.com · 17/01/2024
With COVID levels so high, many are asking when is a safer time to schedule healthcare appointments, travel etc. It can be helpful to compare COVID wastewater from previous years. In the US, the winter surge usually recedes in March, and levels are lower in spring and summer.
Comparison of COVID-19 Wastewater Level in the U.S. 

This chart shows SARS-CoV-2 virus levels by month since Biobot first started detecting the virus in wastewater, with all years depicted on the same plot. Because of the timing of historical winter peaks, years are shown from March to February. Vertical axis displays the effective SARS-CoV-2 virus concentration (copies/mL of sewage).
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Steve Salop @stevesalop.bsky.social · 16/01/2024
And the judged added: "Spirit is a small airline. But there are those who love it. To those dedicated customers of Spirit, this one's for you," he wrote. "Why? Because the Clayton Act, a 109-year-old statute requires this result — a statute that continues to deliver for the American people."2/2
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Steve Salop @stevesalop.bsky.social · 16/01/2024
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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hey i’m josh @kingadahipsters.bsky.social · 14/01/2024
the repubs MO: 1) cut govt service funding 2)complain that service doesnt work 3)defund sevice further bc the it isnt efficient without funding 4)subsidize their private company friends to do the service badly 5) get a kickback from said friends
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Steve Salop @stevesalop.bsky.social · 15/01/2024
Aspirational ?
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Steve Salop @stevesalop.bsky.social · 14/01/2024
What you Thomas Jefferson think about this piracy? www.youtube.com/watch?v=MF72...
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Steve Salop @stevesalop.bsky.social · 14/01/2024
I have posted on SSRN my My draft article for the RIO symposium on the new Merger Guidelines: "The 2023 Merger Guidelines: A Post-Chicago and Neo-Brandeisian Integration" Comments welcome! papers.ssrn.com/sol3/papers....
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Spooky Back From The Dead Lazarus @jlazarus.bsky.social · 11/01/2024
Republican governors:
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Steve Salop @stevesalop.bsky.social · 09/01/2024
No one says it better than Steve Schmidt. open.substack.com/pub/stevesch...
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Herb Hovenkamp @sherman1890.bsky.social · 03/01/2024
So was big business behind the decline of antitrust enforcement? See the debate between Eric Posner and Jon Baker in the the current Antitrust Law Journal (85 Anti.LJ 441 & 521).
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George Takei @georgetakei.bsky.social · 07/01/2024
The circle of life.
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Timothy McBride @mcbridetd.bsky.social · 08/01/2024
Hydroxychloroquine, A Drug Trump Promoted To Treat Covid-19, Linked To 17,000 Deaths, Estimates Show www.forbes.com/sites/joshua...
forbes.com
Hydroxychloroquine, A Drug Trump Promoted To Treat Covid-19, Linked To 17,000 Deaths, Estimates Show
Trump promoted the use of hydroxychloroquine as Covid-19 treatment in the spring of 2020. A new study shows that the drug has been linked to approximately 17,000 deaths.
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Steve Salop @stevesalop.bsky.social · 07/01/2024
Chicken: a game played by “youthful degenerates” and powerful countries.
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Steve Salop @stevesalop.bsky.social · 07/01/2024
Stiglitz on frozen Russian deposits. www.project-syndicate.org/commentary/s...
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