Author: Aaron Gott There are a lot of lessons you can learn from Wonka. It’s a story about how ingenuity, determination, selflessness, and teamwork can overcome the oppressive adversity of a system that serves entrenched interests. But it’s also a story about a chocolate cartel. And that offers its own…
Author: Steven Cernak Most antitrust practitioners, even members of the general public, have a good intuitive sense of what Sherman Act Section 1 is aimed at. Whether you follow the common law’s ancient voiding of “combinations in restraint of trade,” as does Greg Werden for example, or your kindergarten teacher’s…
Author: Molly Donovan Every Pricer in Priceville liked Christmas a lot. But the Government, eastward in DC, did NOT! The Government hated the whole of the season! Please don’t ask us why. No one quite knows the reason. Whatever the reason, they could have been nicer,…
Author: Steven J. Cernak Two months ago, I encouraged all readers of this blog to read Complexity-Minded Antitrust by Nicolas Petit and Thibault Schrepel. As I explained in that article, I think their suggestion that antitrust lawyers and policymakers should consider applying learnings from complexity theory to antitrust questions was…
Author: Steven J. Cernak How do you tie together evolution, the wave, and market prices? As Neil Chilson explains in his brilliant little book, Getting Out of Control, all are examples of emergent order. While Chilson is a former FTC leader, this book is not just for antitrust and consumer…
Author: Steven Madoff Steven Madoff is a former Executive Vice President at Paramount Pictures and General Counsel for its Home Entertainment Subsidiary. He is Of Counsel at Bona Law. When you see someone acting strangely, do you ever wonder if they are possessed? If you do, it might be because…
Note: I co-authored this blog entry with my wife, Mary Bona. We hope you all enjoyed the holiday season! Along with the holidays come many traditions. One tradition in our family is to watch the heart-warming, iconic holiday film, It’s A Wonderful Life, starring James Stewart and Donna Reed. It’s…