Jessica Harris and former colleague David Slovick, partner at Barnes & Thornburg LLP, share their thoughts on Senator Elizabeth Warren’s idea for the CFTC to oversee digital ad exchanges. They discuss if digital advertising is, or should be, considered a commodity, and they explore the merits of the CFTC adding to their current jurisdiction.
Category: Insights
READ: Affiliate Andrew Kleit and colleague Todd Aagaard Comment on Electricity Prices of the Texas Power Crisis
Law360 published a piece by Monument Economics Group Affiliate Dr. Andrew Kleit and his colleague Todd Aagaard. This paper delves into the electricity prices charged during the peak of the power shortage and subsequent 32 hours post-peak during the Texas Power Crisis of February 2021. Numerous lawsuits have been filed alleging that power generators now owe staggering amounts to electricity suppliers. The authors delve into the pricing factors and how the operating reserve demand curve particularly plays a pivotal role in determining what prices should have been absent the Texas Public Utility Commission interference.
Antitrust Damages Analysis Can Respect International Comity
A controversial issue argued Tuesday before the U.S. Supreme Court was whether the Second Circuit should have given complete deference to a declaration that price-fixing by two vitamin C manufacturers was required by Chinese law. When a foreign government’s regulation is exempt, measuring damages attributable only to the cartel respects international comity while also recognizing how foreign cartels can harm U.S. customers, say economists of Monument Economics Group.