Truth on the Market

Truth on the Market is a blog published by Truth on the Market that explores the intersection of law, economics, and policy. It covers topics such as institutional frameworks for trade and enforcement, competition law with a focus on EU regulations, sports governance and its legal-economic implications, broadcasting and media regulation including FCC policies, and challenges in antitrust analysis of digital and streaming markets. The blog discusses how economic theory informs legal rules and enforcement, the role of private and public institutions in market regulation, and the evolving legal landscape in areas like vertical restraints, market definition, and platform economics.

The Federal Communications Commission (FCC) licenses television stations. Does that make it Disney’s human resources department? The agency seems to think so, invoking a “public interest” mandate to investigate the company’s diversity policies—a mandate whose meaning seems to change with…

Brussels’ latest competition guidelines should probably come with a warning label. Countries borrowing them risk importing dubious economics, remedies designed for Europe’s very specific institutional problems, and a trade fight with Washington.
On Sept. 3, after a three-year process, the…