From "Paramount launches hostile bid for Warner Bros., challenging Netflix deal/The David Ellison-run company is promising Warner Bros. Discovery shareholders a deal it says is more lucrative and easier for the Trump administration to approve" (WaPo).
December 8, 2025
"[David] Ellison is the son of Oracle co-founder Larry Ellison, one of the world’s wealthiest people and a friend and supporter of President Donald Trump."
From "Paramount launches hostile bid for Warner Bros., challenging Netflix deal/The David Ellison-run company is promising Warner Bros. Discovery shareholders a deal it says is more lucrative and easier for the Trump administration to approve" (WaPo).
December 6, 2025
"In making a case for approval, Netflix may argue that the market in which it operates is not limited to premium film and television but rather encompasses the entire universe of human amusement..."
Writes Roy Price, chief executive of an entertainment studio and former head of Amazon Studios, in "If Netflix Eats Warner Bros., It Will Be the End of Hollywood" (NYT).From "Monopsony" (Wikipedia): "The term 'monopsony' (from Greek μόνος (mónos) "single" and ὀψωνεῖν (opsōneîn) "'to purchase fish") was first introduced by the British economist Joan Robinson in her influential book, The Economics of Imperfect Competition (1933)...."Fish, eh? It has been noted that the word was miscoined. But is the coinage really fishy? The OED describes the etymology this way: "< mono- comb. form + ancient Greek ὀψωνία purchase of provisions (< ὀψωνεῖν to buy provisions (see opsonation n.) + ‑ία ‑y suffix), after monopoly n.""Opsonation" is a new one for me. It's archaic. It's supposedly a feast, a catering, or a buying of provisions, according to the OED, which does not mention fish.But back to the big merger — perhaps we will get more fish movies. Like this Warner Brothers classic:
August 5, 2024
"Google is a monopolist, and it has acted as one to maintain its monopoly."
The government argued that by paying billions of dollars to be the automatic search engine on consumer devices, Google had denied its competitors the opportunity to build the scale required to compete with its search engine. Instead, Google collected more data about consumers that it used to make its search engine better and more dominant....
June 6, 2023
"PGA Tour agrees to merge with Saudi-backed LIV Golf."
The stunning announcement came amid litigation between LIV and the PGA Tour, which both had filed lawsuits against the other. In August, LIV Golf filed an antitrust suit saying the tour — by banning players who had defected to LIV — was intentionally trying to curtail competition, but the PGA Tour countered with a lawsuit that claims LIV committed “tortious interference” by encouraging golfers to violate terms of their existing tour contracts.
November 1, 2022
"The government had a high-profile witness on its side with the author Stephen King, who testified that the merger would be especially harmful..."
"... to writers who are just starting out, and took a contrary position to his own publisher, Scribner, which is part of Simon & Schuster. On Monday night, Mr. King said in an email interview that he was 'delighted with the outcome.' 'Further consolidation would have caused slow but steady damage to writers, readers, independent booksellers, and small publishing companies,' he said. 'Publishing should be more focused on cultural growth and literary achievement and less on corporate balance sheets.'... The Justice Department’s focus on author earnings, rather than harm to consumers, marked a shift in how the government applies antitrust law. Antitrust policy has largely been guided for decades by an effort to prevent large corporations from imposing higher costs on consumers, rather than focusing on the impact a monopoly might have on workers, suppliers or competitors.... 'The Biden administration wants to be aggressive to protect the overall market, and not necessarily to just protect consumers,' said Eleanor M. Fox, an antitrust expert at N.Y.U. School of Law...."
June 29, 2021
"In a stunning setback to regulators’ efforts to break up Facebook, a federal judge on Monday threw out antitrust lawsuits brought against the company..."
Writes Cecilia Kang at the NYT.
The top-rated comment over there, by a lot, is: "The swiftest way to eliminate Facebook’s power is to disable/delete your Facebook account. And believe me, it’s not very hard to do."
Ironically, that's a free-market answer.
June 21, 2021
The NCAA "seeks immunity from the normal operation of the antitrust laws" — and loses.
In the new Supreme Court case, NCAA v. Alston. It's unanimous. Gorsuch writes the opinion. A snippet:
From the start, American colleges and universities have had a complicated relationship with sports and money. In 1852, students from Harvard and Yale participated in what many regard as the Nation’s first intercollegiate competition—a boat race at Lake Winnipesaukee, New Hampshire. But this was no pickup match. A railroad executive sponsored the event to promote train travel to the picturesque lake..... He offered the competitors an all-expenses-paid vacation with lavish prizes—along with unlimited alcohol. The event filled the resort with “life and excitement,” N. Y. Herald, Aug. 10, 1852... and one student-athlete described the “‘junket’” as an experience “‘as unique and irreproducible as the Rhodian colossus’ ”...
Life might be no “less than a boat race,” Holmes, On Receiving the Degree of Doctor of Laws, Yale University Commencement, June 30, 1886... but it was football that really caused college sports to take off....
April 1, 2021
"But it may have been Justice Brett Kavanaugh, who coaches his daughter’s basketball team and who tried out unsuccessfully for the basketball team at Yale..."
"... when he was an undergraduate there, whose questions and comments were most hostile to the NCAA. Kavanaugh told [NCAA lawyer Seth] Waxman that he was starting from the premise that U.S. antitrust laws 'should not be a cover for exploitation of the student-athletes.' Kavanaugh then summarized the case as one in which the schools were conspiring with their competitors 'to pay no salaries to the workers who are making the schools billions of dollars on the theory that consumers want the schools to pay their workers nothing.' Such a scenario, Kavanaugh concluded, 'seems entirely circular and even somewhat disturbing.'"
From "Justices employ full-court press in dispute over college athlete compensation" (SCOTUSblog).
March 22, 2021
"In this case, a win for the cancellation artists would validate the dark prophesies one often finds in conservative writing, including on Substack..."
"... a future where 'woke capital,' in thrall to left-wing activists, makes it effectively impossible to hold a professional-class job without enthusiastically embracing progressive orthodoxy — especially on issues of identity. That world already seems uncomfortably close for journalists and academics, given that most of their institutions lean left. But self-publishing? It ought to be immune from cancellation unless the mob can somehow convince you to fire yourself. That changes, however, if activists can enforce a secondary boycott on the newsletter services, payment processors or web hosts that writers use. If that happens, it’s hard to see where viewpoint diversity could survive for long, except possibly in conservative outlets big enough to run their own technology and thereby survive the purge.... [E]conomist Cameron Harwick suggested... We actually are witnessing woke capital do what capital normally does, if the capitalist controls a monopoly. That is, extracting excess returns from the market — what economists call 'rents.'... And woke capital, Harwick argues, is actually the creation of a labor cartel: the highly progressive monoculture of professional workers. To keep them happy, institutions that employ a lot of professionals have been pressured toward a narrow ideological consensus, corresponding to the views of roughly the left-most 8 percent of the American electorate. It’s a hidden fringe benefit that Harwick dubs 'ideological rents.' If Harwick is right, then cancel culture can’t be defeated by Republican senators hassling Facebook or Twitter, because that doesn’t touch the monoculture...."
Writes Megan McArdle in "The Substack controversy’s bigger story" (WaPo).
January 14, 2021
"The ability of companies such as Facebook, Twitter and Google to control what people see online is so potent, it is the subject of antitrust hearings...."
Parler was already on AWS.So the baker (aside from scale, monopoly considerations, and anti trust issues) situation would have to be more like:The gay couple hired the baker, paid the baker, and then on the day of the wedding the baker refused to deliver the cake. The baker, however, delivered a lot of cakes to your ex-boyfriends wedding on the same day. And then the baker announced you were dangerous.
January 11, 2021
"Hours after it went offline on Monday, the social media start-up Parler filed a lawsuit in federal court accusing Amazon of violating antitrust law..."
December 19, 2020
"Casting itself as the protector of small businesses... Facebook is criticizing Apple for planning to give users of its popular devices like the iPhone more control..."
It delayed for years before finally tackling disinformation on its platform. The company continued untoward cozying up to the Trump administration. I am almost never surprised to see Facebook take the hard line when taking a softer one might do.
Support for freedom of speech is only "delay" if you believe we are on track to suppress that freedom and it's just a matter of time. As for "untoward cozying up to the Trump administration" — it seems designed to push NYT readers to take the Apple side in this dispute. I'm already inclined to side with Apple on the privacy issue, but I don't like seeing freedom of speech processed into cozying up to Trump! That's a low move.
December 6, 2020
"Today, it’s Netflix and other major streaming services that play the role which studios did in the nineteen-thirties and forties..."
October 22, 2020
"By many measures, Google is a great organization... But why then does it need to pay Apple billions of dollars to keep competitors at bay?"
October 20, 2020
"The Justice Department plans to accuse Google of maintaining an illegal monopoly over search and search advertising in a lawsuit to be filed on Tuesday..."
May 12, 2019
"I think that Facebook has experienced massive growth and has prioritized its growth over the best interests of its consumers, especially on the issue of privacy."
Said Kamala Harris today on "State of the Union" when Jake Tapper asked her if Facebook is a monopoly.
March 12, 2019
"Facebook removed several ads placed by Sen. Elizabeth Warren’s presidential campaign that called for the breakup of Facebook and other tech giants."
“Three companies have vast power over our economy and our democracy. Facebook, Amazon, and Google," read the ads, which Warren's campaign had placed Friday. "We all use them. But in their rise to power, they’ve bulldozed competition, used our private information for profit, and tilted the playing field in their favor.”...Getting censored is really boosting attention to the ad. I mean, it's making me search for it. I want to see how the logo is used. But I haven't found the ad. I stopped when I realized I was putting a lot of effort into trying to see an ad and that was a form of viral ad that was happening inside my head. At that point, I resisted.
“We removed the ads because they violated our policies against use of our corporate logo," the spokesperson said. "In the interest of allowing robust debate, we are restoring the ads.”
August 7, 2018
"(1) This is absolutely the first stage in a coordinated plan to deplatform everyone on the right. It’s not really about Alex Jones at all."
Writes Glenn Reynolds. Here's the footnote, which deals with something I've written about on this blog a lot over the years:
* Note that I say “free speech” and not “First Amendment.” The First Amendment only limits government, but “free speech” is — or at least until very recently was — a broader social value in favor of not shutting people up just because we don’t like their ideas or politics. As for the “private companies can do what they want,” well, that’s not the law, or the custom, and hasn’t been for a long time. It’s especially not true where the companies have, as these companies have, affirmatively represented to users and shareholders that they don’t discriminate based on viewpoints.Here's a post from last March where I collected a lot of my older posts about free speech values extending beyond the rights we hold against government.
Glenn writes "Were I Jones, I’d file an antitrust suit." Is Jones working on that? He said (via MacDailyNews):
I’ve had a lot of top lawyers call me today and say, “Alex, we need to sue Apple. We need to sue all these groups that clearly are involved in cut and dry antitrust activities, working with other companies to delist you and block you from the marketplace of ideas, so, then when they demonize you, you don’t have a way to respond to them and they can destroy you and then, with that model, move on against everybody else.”
June 25, 2018
Big day in the Supreme Court — "the last scheduled day, but they could easily add another day if they wanted to."
UPDATE 1: The first case is Abbott v. Perez, a 5-4 decision about racial gerrymandering in Texas:
ALITO, J., delivered the opinion of the Court, in which ROBERTS, C. J., and KENNEDY, THOMAS, and GORSUCH, JJ., joined. THOMAS, J., filed a concurring opinion,in which GORSUCH,J.,joined. SOTOMAYOR,J.,filed a dissenting opinion, in which GINSBURG, BREYER, and KAGAN, JJ., joined.From Alito's majority opinion:
It was the challengers’ burden to show that the 2013 Legislature acted with discriminatory intent when it enacted plans that the court itself had produced. The 2013 Legislature was not obligated to show that it had “cured” the unlawful intent that the court attributed to the 2011 Legislature. Thus, the essential pillar of the three-judge court’s reasoning was critically flawed.From Sotomayor's dissent (for the 4 liberal Justices):
When the congressional and state legislative districts are reviewed under the proper legal standards, all but one of them, we conclude, are lawful.
This disregard of both precedent and fact comes at serious costs to our democracy. It means that, after years of litigation and undeniable proof of intentional discrimination, minority voters in Texas—despite constituting a majority of the population within the State—will continue to be underrepresented in the political process. Those voters must return to the polls in 2018 and 2020 with the knowledge that their ability to exercise meaningfully their right to vote has been burdened by the manipulation of district lines specifically designed to target their communities and minimize their political will.UPDATE 2: Ohio v. AmeEx, written by Justice Thomas, also 5-4. SCOTUSblog summarizes:
This is an antitrust case, in which a group of states are challenging a provision in the contract between American Express and the merchants that accept its cards; the provision bars the merchants from trying to steer their customers to use a particular credit card.... The Court holds that Amex's steering provisions do not violate federal antitrust law.... Court defines the market as two-sided, including both merchants and cardholders. When the market is defined this way, the Court says, it is clear that the plaintiffs have not met their burden to show anti-competitive effects.And that's all for today, so I guess there will be another day.
AND: Breyer's dissent in Amex begins:
For more than 120 years, the American economy has prospered by charting a middle path between pure lassez-faire and state capitalism, governed by an antitrust law “dedicated to the principle that markets, not individual firms and certainly not political power, produce the optimal mixture of goods and services.”That is, Breyer — a former antitrust lawprof — misspelled laissez-faire.
