Robert Bork Jr. on DOJ’s Taste-Setting Lawsuit Against Apple
Sometimes, when I wonder if I am right on the issues, I simply go to Sen. Elizabeth Warren’s Twitter-feed to make sure she’s taking the opposing view. Then I know I am right. This morning, Sen. Warren wrote: “It’s time to break up Apple’s monopoly.”
Read MoreStatement by Robert H. Bork Jr., President of the Antitrust Education Project, on Department of Justice antitrust action against Apple
Today’s announcement marks the capstone of the progressive attack on the last of our country’s most innovative tech companies. It also marks a return to the long-discredited antitrust era of “big must always be bad.”
Read MoreAre we our own Manchurian candidate?
The two Super Bowl ads run by Chinese retailer Temu got me to thinking: Will future historians one day wonder why Western regulators worked so hard to degrade their most competitive multinational companies just in time to hand global markets to a predatory China?
Read MoreESG, Big Labor and Starbucks
Most controversies in the ESG arena concern the E, for environment. At center stage is ExxonMobil’s lawsuit against shareholder activists Arjuna Capital and Follow This for their campaign to force the company “to change the nature of its ordinary business or to go out of business entirely.”
Read MoreThe FTC’s Case against the Kroger/Albertsons Deal Puts Politics Before Economics
Riddle me this: Why have increases in food prices been in line with inflation from the 1980s until the Biden administration took over?
Read MoreInternal emails show FTC’s Lina Khan is trying to win by losing
Critics of progressive antitrust have long wondered if Federal Trade Commission (FTC) Chair Lina Khan’s extraordinary losing streak in high-profile antitrust cases is the result of deliberate strategy rather than mere incompetence. Last summer, Rep. Kevin Kiley (R-Calif.) pointedly asked Lina Khan in a hearing: “Are you losing on purpose?”
Read MoreKhan and Mekki Still Wearing Blinders When It Comes to ESG
The progressive antitrust regulators of the Biden Administration often warn their fellow C-Suite progressives that environmental, social and governance promises don’t compute in antitrust. Early in her tenure, Lina Khan took to the pages of the enemy, excuse me, I mean The Wall Street Journal, to warn companies that the Federal Trade Commission cannot use ESG to buy a little extra consideration for a merger or an acquisition.
Read MoreThe NCAA Invites Another Antitrust Slap-Down
The legendary coach John Heisman began each season by holding up a football and asking: “What is this? It is a prolate spheroid, an elongated sphere in which the outer leather casing is drawn tightly over a somewhat smaller rubber tubing. Better to have died as a small boy than to fumble this football.”
Read MoreBlackRock Doubles Down on ESG While Others Exit
Quick: What retreats and advances at the same time? Asset managers and ESG.
Read MoreAntitrust, ESG, and the “Little Green Shoots” of Capitalism
The Anglo-American business law firm Norton Rose Fulbright released an international survey of 200 senior executives that portrays the 2024 deal-making environment in hopeful terms, portraying it as having “green shoots of optimism amid uncertainty.”
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