Thrilled that my paper "The Cost of Curbing Externalities with Market Power: Alcohol Regulations and Tax Alternatives" with @cconlon.bsky.social was accepted by the Journal of Political Economy @jpolecon.bsky.social !

Unfortunately this is misleading in two ways: 1. Section 12 of the 2010 HMG's also discussed monopsony power over input providers (including workers) 2. The judge ruled that the FTC did not prove their case re: effects on workers, but was it moot bc they won on product market.

Significant victory for labor #antitrust as Judge Adrienne Nelson issued a preliminary injunction blocking the $24 billion merger of grocery giants Kroger and Albertsons, in a win for the FTC. The judge mentions the inclusion of workers in the 2023 Merger Guidelines, an issue I worked on at DOJ

Happy to share that my and @cconlon.bsky.social's micro BLP paper was just accepted at the Journal of Econometrics! jeffgortmaker.com/files/Incorp... It's our 2nd tied to our PyBLP software, so here's a thread on surprising (to me) benefits of combining methods research with open source work. 1/6

@jeffgortmaker.com and @cconlon.bsky.social's PyBLP is such a great public good. Jeff (who is on the job market) with a thread on their new Journal of Econometrics paper.

I think my @nyulaw.bsky.social colleague Daniel Francis provides a clear and balanced summary of the Neo-Brandeis shift in antitrust. It is worth a read for all IO Economists (and perhaps more importantly macro economists who've recently discovered IO). www.promarket.org/2024/11/25/a...