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Acquisitions of privatized firmspose the question of how public ownership may alter the incentives of a firm to engage in anticompetitive conduct.
On April 5, 2012, the President signed into law the Jumpstart Our Business Startups (JOBS) Act, which passed by a large bipartisan majority in the Congress. The Act is designed to facilitate the equity funding of new companies. Recent research has documented that from 1980 through the 2008-09 recession new companies have been main drivers of job creation in the United States.
On Feb. 15, Leslie Moonves, the brilliant CEO of CBS, gave a piece of good news to investors — there would be an addition to the bottom line in 2012 of about $190 million, thanks to huge spending on political commercials coming into the network and its owned and operated...
Senator Carl Levin says that Facebook is exploiting a tax loophole in order to avoid paying taxes to the government. But Facebook is a textbook case of win-win-win: the company's creators get rich, society gets the benefit of an innovative communications platform, and the U.S. Treasury gets billions in new revenues.
Outer space has become the next frontier for American national security and business. But instead of advancing American primacy in this realm, the Obama administration has wrongly decided not only to follow a European Union draft “code of conduct” regulating outer space, but also to circumvent the Senate’s central constitutional role in making treaties.
Immediate 23% cuts in weapons programs and military construction projects would require not just reductions in expenditures that could be ramped back up late, but wholesale cancellations of vital projects.
The tenth anniversary of the Telecommunications Act of 1996 in early February provides an opportunity to reexamine the Act and current proposals to replace it. The 1996 law was the first successful attempt to rewrite the sixty-two-year-old Communications Act of 1934 and it has been criticized as being vague and...
The tenth anniversary of the widely criticized Telecommunications Act of 1996 comes at a time when Congress is actively considering new legislation--but will a new law make a difference?






