Samuel Weinstein
Samuel Weinstein is professor of law at the Benjamin N. Cardozo School of Law, where he teaches antitrust and corporate law, and is faculty co-director of the Heyman Center on Corporate Governance. He joined Cardozo from the U.C. Berkeley School of Law, where from 2015-17 he was a fellow at the Berkeley Center for Law and Business. Before that, he was an attorney in the Legal Policy Section of the Antitrust Division of the U.S. Department of Justice, and served as Counsel to the Assistant Attorney General in charge of the Division.
Antitrust and Competition
Understanding the DOJ’s Decision To Seek a Jury Trial in the Google Ad Tech Case
The Department of Justice recently sued Google for conduct relating to its ad tech services, accusing the search giant of unlawful monopolization....
Antitrust and Competition
The Antitrust Cases Against Facebook And Google: In Search of a Smoking Gun
In the Microsoft antitrust case, Bill Gates’ emails were perhaps the government’s most compelling evidence. Now, as regulators pursue antitrust cases against Facebook...
Antitrust and Competition
Addictive Social Media: Why We Need Regulation and Competition for Digital Platforms
Social media is associated with the prevalence of mood disorders, depression, and anxiety. With no regulations to address the dangers of addictive...
Latest news
Antitrust and Competition
The Kroger-Albertsons Merger Threatens Smaller Upstream Suppliers
Much of the conversation of the proposed Kroger-Albertsons merger has focused on the risks to consumers. However, the merger also poses serious implications for the grocers’ upstream suppliers, particularly smaller regional firms.
Regulation
Why Have Uninsured Depositors Become De Facto Insured?
Due to a change in how the FDIC resolves failed banks, uninsured deposits have become de facto insured. Not only is this dangerous for risk in the banking system, it is not what Congress intends the FDIC to do, writes Michael Ohlrogge.
Antitrust and Competition
Merger Law Reaches Acquirer Incentives and Private Equity Strategies
Steven C. Salop argues that Section 7 of the Clayton Act prohibits mergers in which the acquiring firm’s unilateral incentives and business strategy are likely to lessen market competition.
Antitrust and Competition
Tim Wu Responds to Letter by Former Agency Chief Economists
Former special assistant to the president for technology and competition policy Tim Wu responds to the November 27 letter signed by former chief economists at the Federal Trade Commission and Justice Department Antitrust Division calling for a separation of the legal and economic analysis in the draft Merger Guidelines.
Book Reviews
Can the Public Moderate Social Media?
ProMarket student editor Surya Gowda reviews the arguments made by Paul Gowder in his new book, The Networked Leviathan: For Democratic Platforms.
Income Inequality
Uninhibited Campaign Donations Risks Creating Oligarchy
In new research, Valentino Larcinese and Alberto Parmigiani find that the 1986 Reagan tax cuts led to greater campaign spending from wealthy individuals, who benefited the most from this policy. The authors argue that a very permissive system of political finance, combined with the erosion of tax progressivity, created the conditions for the mutual reinforcement of economic and political disparities. The result was an inequality spiral hardly compatible with democratic ideals.
ESG, Corporate Governance & Future of the Firm
Did the Meme Stock Revolution Actually Change Anything?
Many financial commentators thought that the surge of retail investors participating in the stock market, the most notable of whom boosted “meme stocks” like GameStop, would democratize corporate governance and improve prosocial firm behavior, including the promotion of environmental, social, and governance (ESG) goals. In new research, Dhruv Aggarwal, Albert H. Choi, and Yoon-Ho Alex Lee find evidence that the exact opposite took place.
