George L. Priest is the Edward J. Phelps Professor of Law and Economics and Kauffman Distinguished Research Scholar in Law, Economics, and Entrepreneurship at Yale Law School. Over the past two decades, he has focused his research on antitrust, the operation of private and public insurance, and the role of the legal system in promoting economic growth. Priest joined Yale Law School in 1981 and is co-director of the John M. Olin Center for Law, Economics and Public Policy. Earlier, he taught law at the University of Chicago; the University at Buffalo–State University of New York; and the University of California, Los Angeles. Priest is also chairman of AEI’s Council of Academic Advisers.
The discussion will then turn to avenues for reform: What role should the executive play in this process? How could reforming the Administrative Procedures Act benefit markets and civil society? How can the “faithful execution” clause be more clearly defined?
District Judge Colleen Kollar-Kotelly has put the Microsoft case to rest, placing restrictions on various Microsoft contract and business practices, and dismissing the claims of the eight litigating states asking for stronger constraints.