Ben Remaly

Antitrust/journalism stuff - @GCR_alerts Tips welcome - [email protected] signal 973-647-8444

[Daniel Hanley @danielahanley]

Appreciate Bill saying this. Hopefully, all the talent the DOJ is losing goes to state offices and plaintiffs’ firms. https://t.co/EzTmgBKQdJ

[Eriq Gardner ✍️ @eriqgardner]

🚨NEWS : Paramount Skydance has hired legal superstar Jeffrey Kessler to defend the Warner Bros. merger in court. Kessler, notably, is representing the states in the Live Nation case.

[Anna Langlois @_AnnaLanglois]

New: States suing Live Nation want divestitures of Ticketmaster, "sufficient number" of LN-owned amphitheaters, limits on acquisitions and more

[Josh Gerstein @joshgerstein]

JUST IN: Consumer plaintiffs file preliminary injunction motion seeking to block Paramount-Skydance/Warner Bros-Discovery merger. Doc: https://t.co/sg7hvOjKue

[Ben Remaly @BenRemaly]

Link: https://t.co/XYJ6lbXxiR

[Ben Remaly @BenRemaly]

The FTC has asked the 5th Circuit to pause its appeal seeking to overturn an order striking down the HSR rule it implemented with the DOJ last year.

The FTC and DOJ "are considering revisions to the rule challenged here"

[Ben Remaly @BenRemaly]

@ScottNover Dontrelle is great

[Dustin Gardiner @dustingardiner]

Scoop: Newsom appoints former CFPB head Rohit Chopra, who was fired by Trump, to lead California's consumer protection agency

https://t.co/uKRqbNBBmE

[Daniel Hanley @danielahanley]

Terrific news. More states should be doing this.

https://t.co/1QPzXlf5X2

[Ben Remaly @BenRemaly]

https://t.co/HmlparJIXf

[Ben Remaly @BenRemaly]

DOJ settles its case accusing Agri Stats of sharing competitively sensitive pricing information with rival meatpackers.

[Ben Remaly @BenRemaly]

@Rock5491 How would an economist measure labor welfare in a retrospective study? Both the merger and bankruptcy likely reduced job output? For how long? Spirit employed people 3(ish) extra years. Will they find jobs soon? Will it drag through bankruptcy?

[Ben Remaly @BenRemaly]

In an alternate world where the DOJ approved the merger, Spirit would no longer exist.

In the current world, Spirit no longer exists.

What am I missing?

[David Shepardson @davidshepardson]

.@SecDuffy: History judges the Biden decision to reject the Spirit JetBlue merger in 2024 as a "massive mistake" https://t.co/HCxk8WgdOD

[Ben Remaly @BenRemaly]

@MikeBrice If you’re measuring welfare I imagine you’d account for the threeish extra years of employment Spirit existed. Would Spirt employees fired post-merger have been rehired? Will they be rehired post-bankruptcy? Did the existence of another competitor help non-Spirit employees?

[Ben Remaly @BenRemaly]

@MikeBrice I imagine the elimination of Spirit via merger or via bankruptcy would be bad for jobs. It could be the merger would’ve been the better outcome.

[Ben Remaly @BenRemaly]

@MikeBrice The loss of jobs is awful. Do we know what the output of jobs would look like if the merger went through? Would JetBlue have eliminated positions? Airlines are competing to hire former Spirit employees now

[Ben Remaly @BenRemaly]

Three of the consumers subscribe to Paramount+

Lawsuit: https://t.co/bycI0SIvmL

[Ben Remaly @BenRemaly]

Five consumers have sued to block the Paramount/Warner Bros merger.

They claim the $110 billion deal would harm competition for premium streaming services, national TV news and theatrical distribution

[Ben Remaly @BenRemaly]

https://t.co/EA3ORxJYpL

[Ben Remaly @BenRemaly]

The biggest merger efficiency claim ever?

United Airlines CEO claims a merger with American Airlines could "create millions of jobs."