Reposted by Steve SalopMark Cuban @mcuban.bsky.social · 09/02/2025This 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.caHow a Canadian scientist and a venomous lizard helped pave the way for Ozempic - National | Globalnews.caIn 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. 11264858712423
Steve Salop @stevesalop.bsky.social · 08/02/2025Here is a link to my new article on the raising rivals cost approach to the Robinson Patman Act. www.promarket.org/category/the...promarket.orgAntitrust and Competition Archives - ProMarketA 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... 141
Steve Salop @stevesalop.bsky.social · 03/02/2025Proud of my congressman Jamie Raskin. m.youtube.com/watch?v=Xo3P...m.youtube.comJamie Raskin challenges DOGE, Elon Musk; fight over USAID shutdown by President Donald Trump beginsYouTube video by Austin American-Statesman 140
Steve Salop @stevesalop.bsky.social · 26/01/2025The history of the Internet youtu.be/Ko8Pz4Y-tYoyoutu.beMost Popular Websites 1995 - 2023YouTube video by Data Is Beautiful 110
Steve Salop @stevesalop.bsky.social · 09/01/2025It 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. 000
Steve Salop @stevesalop.bsky.social · 16/03/2024Does this mean that there is going to be an attempted coup either way? Or at least riots 020
Steve Salop @stevesalop.bsky.social · 07/03/2024If 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. 020
Reposted by Steve SalopProMarket @promarket.bsky.social · 06/03/2024NEW: 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.orgThe Purchase of Unionized Labor Is a Relevant Buyer-Side Market in the Kroger-Albertsons Merger - ProMarketCritics 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. ... 031
Steve Salop @stevesalop.bsky.social · 20/02/2024I'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. 020
Reposted by Steve SalopProMarket @promarket.bsky.social · 13/02/2024Business 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.orgWhy Business Should Be More Prosocial, and Ten Guidelines for How - ProMarketBusiness 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... 043
Reposted by Steve SalopProMarket @promarket.bsky.social · 09/02/2024Why 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.orgHas Antitrust Been Captured by Big Business Interests? It’s Not So Simple - ProMarketWhy 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... 112
Steve Salop @stevesalop.bsky.social · 09/02/2024Elon Musk as Milo Minderbinder -- selling Starlink to both Russian and Ukraine.\ www.defenseone.com/threats/2024... 020
Reposted by Steve SalopArin Dube @arindube.bsky.social · 08/02/2024In 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.orgCredit Bidenomics for Rising US Wages | by Arindrajit Dube - Project SyndicateArindrajit Dube explains how the US administration’s proactive fiscal approach has helped boost households’ purchasing power. 12610
Steve Salop @stevesalop.bsky.social · 06/02/2024Shift in beer consumption from Bars to Home during pandemic 010
Steve Salop @stevesalop.bsky.social · 03/02/2024I 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.... 150
Steve Salop @stevesalop.bsky.social · 02/02/2024Krugman yesterday on "Better than Goldilocks Economy." I wish someone would do a retrospective on Paul vs Larry predictions. @claudiasahm.bsky.social 060
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 020
Reposted by Steve SalopTimothy Noah @timothynoah.bsky.social · 31/01/2024My 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.comThat Judge Is Right. Elon Musk Isn’t Worth What Tesla Pays Him.His compensation package was too comical to survive court. 061
Steve Salop @stevesalop.bsky.social · 28/01/2024Important Steve Schmidt article on slavery and the new Texas standoff. open.substack.com/pub/stevesch... 010
Steve Salop @stevesalop.bsky.social · 24/01/2024Quite a story !! Heads will roll. I hope his is not one of them. 000
Steve Salop @stevesalop.bsky.social · 20/01/2024I definitely was not clear. I meant ethical rules for business people that Economists would buy into. 000
Steve Salop @stevesalop.bsky.social · 20/01/2024Ethical 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 210
Reposted by Steve SalopHerb Hovenkamp @sherman1890.bsky.social · 18/01/2024When 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.... 022
Reposted by Steve SalopJonathan B. Baker @jbbecon.bsky.social · 18/01/2024Some 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. 1/6 172
Steve Salop @stevesalop.bsky.social · 18/01/2024I’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 162
Reposted by Steve SalopDr. Lucky Tran @luckytran.com · 17/01/2024With 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. 213950
Steve Salop @stevesalop.bsky.social · 16/01/2024And 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."2/2 010
Steve Salop @stevesalop.bsky.social · 16/01/2024Maybe the Biden Antitrusters are moving the Overton Window. In blocking the Jet Blue/Spirit merger, the judge referred to JB "gobbling up" Spirit . 1/2 030
Reposted by Steve Salophey i’m josh @kingadahipsters.bsky.social · 14/01/2024the 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 164
Steve Salop @stevesalop.bsky.social · 14/01/2024What you Thomas Jefferson think about this piracy? www.youtube.com/watch?v=MF72... 010
Steve Salop @stevesalop.bsky.social · 14/01/2024I 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.... 072
Reposted by Steve SalopSpooky Back From The Dead Lazarus @jlazarus.bsky.social · 11/01/2024Republican governors: 071
Steve Salop @stevesalop.bsky.social · 09/01/2024No one says it better than Steve Schmidt. open.substack.com/pub/stevesch... 100
Reposted by Steve SalopHerb Hovenkamp @sherman1890.bsky.social · 03/01/2024So 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). 022
Reposted by Steve SalopGeorge Takei @georgetakei.bsky.social · 07/01/2024The circle of life. 311446334
Reposted by Steve SalopTimothy McBride @mcbridetd.bsky.social · 08/01/2024Hydroxychloroquine, A Drug Trump Promoted To Treat Covid-19, Linked To 17,000 Deaths, Estimates Show www.forbes.com/sites/joshua...forbes.comHydroxychloroquine, A Drug Trump Promoted To Treat Covid-19, Linked To 17,000 Deaths, Estimates ShowTrump 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. 011
Steve Salop @stevesalop.bsky.social · 07/01/2024Chicken: a game played by “youthful degenerates” and powerful countries. 020
Steve Salop @stevesalop.bsky.social · 07/01/2024Stiglitz on frozen Russian deposits. www.project-syndicate.org/commentary/s... 020