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Amazon's Antitrust Paradox
LINA M. KHAN Amazon’s Antitrust Paradox abstract. Amazon is the titan of twenty-first century commerce. In addition to being a re- tailer, it is now a marketing platform, a delivery and logistics network, a payment service, a credit lender, an auction house, a major book publisher, a producer of television and films, a fashion designer, a hardware manufacturer, and a leading host of cloud server space. Although Amazon has clocked staggering growth, it generates meager profits, choosing to price below-cost and ex- pand widely instead. Through this strategy, the company has positioned itself at the center of e- commerce and now serves as essential infrastructure for a host of other businesses that depend upon it. Elements of the firm’s structure and conduct pose anticompetitive concerns—yet it has escaped antitrust scrutiny. This Note argues that the current framework in antitrust—specifically its pegging competi- tion to “consumer welfare,” defined as short-term price effects—is unequipped to capture the ar- chitecture of market power in the modern economy. We cannot cognize the potential harms to competition posed by Amazon’s dominance if we measure competition primarily through price and output. Specifically, current doctrine underappreciates the risk of predatory pricing and how integration across distinct business lines may prove anticompetitive. These concerns are height- ened in the context of online platforms for two reasons. First, the economics of platform markets create incentives for a company to pursue growth over profits, a strategy that investors have re- warded. Under these conditions, predatory pricing becomes highly rational—even as existing doctrine treats it as irrational and therefore implausible. -
The Pulitzer Prizes 2020 Winne
WINNERS AND FINALISTS 1917 TO PRESENT TABLE OF CONTENTS Excerpts from the Plan of Award ..............................................................2 PULITZER PRIZES IN JOURNALISM Public Service ...........................................................................................6 Reporting ...............................................................................................24 Local Reporting .....................................................................................27 Local Reporting, Edition Time ..............................................................32 Local General or Spot News Reporting ..................................................33 General News Reporting ........................................................................36 Spot News Reporting ............................................................................38 Breaking News Reporting .....................................................................39 Local Reporting, No Edition Time .......................................................45 Local Investigative or Specialized Reporting .........................................47 Investigative Reporting ..........................................................................50 Explanatory Journalism .........................................................................61 Explanatory Reporting ...........................................................................64 Specialized Reporting .............................................................................70 -
1 Statement of Justin Brookman Director, Privacy and Technology Policy Consumers Union Before the House Subcommittee on Digital
Statement of Justin Brookman Director, Privacy and Technology Policy Consumers Union Before the House Subcommittee on Digital Commerce and Consumer Protection Understanding the Digital Advertising Ecosystem June 14, 2018 On behalf of Consumers Union, I want to thank you for the opportunity to testify today. We appreciate the leadership of Chairman Latta and Ranking Member Schakowsky in holding today’s hearing to explore the digital advertising ecosystem and how digital advertisements affect Americans. I appear here today on behalf of Consumers Union, the advocacy division of Consumer Reports, an independent, nonprofit, organization that works side by side with consumers to create a fairer, safer, and healthier world.1 1 Consumer Reports is the world’s largest independent product-testing organization. It conducts its advocacy work in the areas of privacy, telecommunications, financial services, food and product safety, health care, among other areas. Using its dozens of labs, auto test center, and survey research department, the nonprofit organization rates thousands of products and services annually. Founded in 1936, Consumer Reports has over 7 million members and publishes its magazine, website, and other publications. 1 Executive Summary My testimony today is divided into three parts. First, I describe some of the many ways that the digital advertising ecosystem has gotten more complex in recent years, leaving consumers with little information or agency over how to safeguard their privacy. Consumers are no longer just tracked through cookies in a web browser: instead, companies are developing a range of novel techniques to monitor online behavior and to tie that to what consumers do on other devices and in the physical world. -
Julia Angwin
For more information contact us on: North America 855.414.1034 International +1 646.307.5567 [email protected] Julia Angwin Topics Journalism, Science and Technology Travels From New York Bio Julia Angwin is an award-winning senior investigative reporter at ProPublica, a nonprofit newsroom in New York. From 2000 to 2013, she was a reporter at The Wall Street Journal, where she led a privacy investigative team that was a finalist for a Pulitzer Prize in Explanatory Reporting in 2011 and won a Gerald Loeb Award in 2010. Her book Dragnet Nation: A Quest for Privacy, Security and Freedom in a World of Relentless Surveillance was shortlisted for Best Business Book of the Year by the Financial Times. Julia is an accomplished and sought-after speaker on the topics of privacy, technology, and the quantified society that we live in. Among the many venues at which she has spoken are the Aspen Ideas Festival, the Chicago Humanities Festival, and keynotes at the Strata big data conference and the International Association of Privacy Professionals. In 2003, she was on a team of reporters at The Wall Street Journal that was awarded the Pulitzer Prize in Explanatory Reporting for coverage of corporate corruption. She is also the author of Stealing MySpace: The Battle to Control the Most Popular Website in America. She earned a B.A. in mathematics from the University of Chicago and an MBA from the page 1 / 3 For more information contact us on: North America 855.414.1034 International +1 646.307.5567 [email protected] Graduate School of Business at Columbia University. -
The Life and Science of Richard Feynman, by James Gleick
16. Genius: The Life and Science of Richard Feynman, by James Gleick From the author of the national bestseller Chaos comes an outstanding biography of one of the most dazzling and flamboyant scientists of the 20th century that "not only paints a highly attractive portrait of Feynman but also . makes for a stimulating adventure in the annals of science" 15. “Surely You’re Joking, Mr Feynman!” by Richard Feynman and Ralph Leighton Richard Feynman, winner of the Nobel Prize in physics, thrived on outrageous adventures. Here he recounts in his inimitable voice his experience trading ideas on atomic physics with Einstein and Bohr and ideas on gambling with Nick the Greek; cracking the uncrackable safes guarding the most deeply held nuclear secrets; accompanying a ballet on his bongo drums; painting a naked female toreador. In short, here is Feynman's life in all its eccentric―a combustible mixture of high intelligence, unlimited curiosity, and raging chutzpah. 14. D Day – Through German Eyes, The Hidden Story of June 6th 1944, by Holger Eckhertz Almost all accounts of D Day are told from the Allied perspective, with the emphasis on how German resistance was overcome on June 6th 1944. But what was it like to be a German soldier in the bunkers and gun emplacements of the Normandy coast, facing the onslaught of the mightiest seaborne invasion in history? What motivated the German defenders, what were their thought processes - and how did they fight from one strong point to another, among the dunes and fields, on that first cataclysmic day? What were their experiences on facing the tanks, the flamethrowers and the devastating air superiority of the Allies? This book sheds fascinating light on these questions, bringing together statements made by German survivors after the war, when time had allowed them to reflect on their state of mind, their actions and their choices of June 6th. -
Coleman-Coding-Freedom.Pdf
Coding Freedom !" Coding Freedom THE ETHICS AND AESTHETICS OF HACKING !" E. GABRIELLA COLEMAN PRINCETON UNIVERSITY PRESS PRINCETON AND OXFORD Copyright © 2013 by Princeton University Press Creative Commons Attribution- NonCommercial- NoDerivs CC BY- NC- ND Requests for permission to modify material from this work should be sent to Permissions, Princeton University Press Published by Princeton University Press, 41 William Street, Princeton, New Jersey 08540 In the United Kingdom: Princeton University Press, 6 Oxford Street, Woodstock, Oxfordshire OX20 1TW press.princeton.edu All Rights Reserved At the time of writing of this book, the references to Internet Web sites (URLs) were accurate. Neither the author nor Princeton University Press is responsible for URLs that may have expired or changed since the manuscript was prepared. Library of Congress Cataloging-in-Publication Data Coleman, E. Gabriella, 1973– Coding freedom : the ethics and aesthetics of hacking / E. Gabriella Coleman. p. cm. Includes bibliographical references and index. ISBN 978-0-691-14460-3 (hbk. : alk. paper)—ISBN 978-0-691-14461-0 (pbk. : alk. paper) 1. Computer hackers. 2. Computer programmers. 3. Computer programming—Moral and ethical aspects. 4. Computer programming—Social aspects. 5. Intellectual freedom. I. Title. HD8039.D37C65 2012 174’.90051--dc23 2012031422 British Library Cataloging- in- Publication Data is available This book has been composed in Sabon Printed on acid- free paper. ∞ Printed in the United States of America 1 3 5 7 9 10 8 6 4 2 This book is distributed in the hope that it will be useful, but WITHOUT ANY WARRANTY; without even the implied warranty of MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE !" We must be free not because we claim freedom, but because we practice it. -
United States
FREEDOM ON THE NET 2016 United States 2015 2016 Population: 321.4 million Internet Freedom Status Free Free Internet Penetration 2015 (ITU): 75 percent Social Media/ICT Apps Blocked: No Obstacles to Access (0-25) 3 3 Political/Social Content Blocked: No Limits on Content (0-35) 2 2 Bloggers/ICT Users Arrested: No Violations of User Rights (0-40) 14 13 TOTAL* (0-100) 19 18 Press Freedom 2016 Status: Free * 0=most free, 100=least free Key Developments: June 2015 – May 2016 ● The USA FREEDOM Act passed in June 2015 limited bulk collection of Americans’ phone records and established other privacy protections. Nonetheless, mass surveillance targeting foreign citizens continues through programs authorized under Section 702 of the FISA Amendments Act and Executive Order 12333 (see Surveillance, Privacy, and Anonymity). ● Online media outlets and journalists face increased pressure, both financially and politically, that may impact future news coverage (see Media, Diversity, and Content Manipulation). ● Following a terrorist attack in San Bernardino in December 2015, the FBI sought to compel Apple to bypass security protections on the locked iPhone of one of the perpetrators (see Surveillance, Privacy, and Anonymity). www.freedomonthenet.org FREEDOM UNITED STATES ON THE NET 2016 Introduction Internet freedom improved slightly as the United States took a significant step toward reining in mass surveillance by the National Security Agency (NSA) with the passage of the USA FREEDOM Act in June 2015. The law ended the bulk collection of Americans’ phone records under Section 215 of the PATRIOT Act, a program detailed in documents leaked by former NSA contractor Edward Snowden in 2013 and ruled illegal by the Second Circuit Court of Appeals in May 2015. -
Conspiracy of Fools”
Submitted version of review published in GARP Risk Review Review of “Conspiracy of Fools” Joe Pimbley Kurt Eichenwald’s Conspiracy of Fools (Broadway Books, 2005) is a spellbinding account of the rise and fall of Enron. In nearly 700 pages the reader finds answers to “what happened?” and “how did it happen?” Based on retrospective interviews with more than a hundred primary and secondary actors in this drama, the author creates multiple, parallel story lines. He jumps back and forth between these sub-plots in a manner that maintains energy and gives the reader many natural stopping points. The great strengths of Conspiracy are that it’s thorough, extremely well- written, captivating, and, finally, it rings true. The author avoids the easy, simple conclusions that all the executives are “guilty” of crimes or plain greed and that the media-lionized whistle-blower is pure of heart. We see the ultimate outcome as personal tragedies for Jeff Skilling (President) and Ken Lay (CEO) even though they are undeniably culpable. Culpability and guilt are not synonymous, however, and different readers will have widely different judgments to render on these two men. The view of Andrew Fastow is not so murky. He and a handful of his associates did indeed lie, cheat, and steal for personal gain. Fastow’s principle “contribution” to Enron was the creation of structured finance transactions to skirt accounting rules. This one-sentence description doesn’t tell the reader much. Eichenwald gives many examples to flesh out the concept. The story of “Alpine Investors” provides the simplest case. The company wished to sell the Zond Corporation, a wind-farm operator, prior to the closing of Enron’s purchase of Portland General. -
Fighting Cyber-Crime After United States V. Jones Danielle K
Boston University School of Law Scholarly Commons at Boston University School of Law Faculty Scholarship Summer 2013 Fighting Cyber-Crime After United States v. Jones Danielle K. Citron Boston University School of Law David Gray University of Maryland Francis King Carey School of Law Liz Rinehart University of Maryland Francis King Carey School of Law Follow this and additional works at: https://scholarship.law.bu.edu/faculty_scholarship Part of the Privacy Law Commons Recommended Citation Danielle K. Citron, David Gray & Liz Rinehart, Fighting Cyber-Crime After United States v. Jones, 103 Journal of Criminal Law and Criminology 745 (2013). Available at: https://scholarship.law.bu.edu/faculty_scholarship/625 This Article is brought to you for free and open access by Scholarly Commons at Boston University School of Law. It has been accepted for inclusion in Faculty Scholarship by an authorized administrator of Scholarly Commons at Boston University School of Law. For more information, please contact [email protected]. Fighting Cyber-Crime After United States v. Jones David C. Gray Danielle Keats Citron Liz Clark Rinehard No. 2013 - 49 This paper can be downloaded free of charge at: The Social Science Research Network Electronic Paper Collection http://ssrn.com/abstract=2302861 Journal of Criminal Law and Criminology Volume 103 | Issue 3 Article 4 Summer 2013 Fighting Cybercrime After United States v. Jones David Gray Danielle Keats Citron Liz Clark Rinehart Follow this and additional works at: http://scholarlycommons.law.northwestern.edu/jclc Part of the Criminal Law Commons Recommended Citation David Gray, Danielle Keats Citron, and Liz Clark Rinehart, Fighting Cybercrime After United States v. -
LAWYER Regulation Andinternationallaw
August 2013 n Volume 17 n Issue 8 LAWYER A Tale of Two Frauds: Part I The SEC, Insider Trading & an “Ideal Opportunity Squandered” B y G A r y J . A G u i r r e Gary J. Aguirre is a trial attorney whose practice focuses on securities regulation, securities litigation, and the representation of whistleblowers in the financial industry and regulatory agencies. After a successful career in private practice, he joined the SEC in 2004 and soon headed an insider trading investigation of Pequot Capital Management. According to a joint report of two Senate committees, the SEC fired him when his e-mail questioned the decision of his supervisory chain to give “overly deferential” treatment to an influential Wall Street banker, suspected of tipping Pequot’s CEO about a pending merger. Mr. Aguirre holds a LL.B. from UC Berkeley and a LL.M. with Distinction from Georgetown Law Center in securities Securities in the ElectronicAge regulation and international law. Contact: [email protected]. The Securities and Exchange Commis- The government took off its gloves early sion’s (SEC’s) ongoing crackdown on hedge in the crackdown. It used tactics normally funds for insider trading traces back to the reserved for investigations of drug dealers Wall Street Wall U.S. Senate inquiry into the SEC’s bungled and organized crime: the FBI turned wit- investigation of Pequot Capital Manage- nesses with threats of long prison terms; the ment in 2006-2007. As an SEC attorney, I USAO obtained a wiretap order in 2008 led the Pequot investigation until September when the government’s case against Gal- 2005, when SEC leadership pushed it off the leon Group chief Raj Rajaratnam stalled. -
Books on Entrepreneurship, Management & Leadership
Mohnish's Bookshelf Books on Entrepreneurship, Management & Leadership 1 100 Days: the rush to judgment that killed Nortel by James E Bagnall Details 2 1001 Ways to Energize Employees by Bob Nelson Details 3 1001 Ways to Reward Employees by Bob Nelson Details 4 17 Lies That Are Holding You Back & the Truth That Will Set You Free Details by Steve Chandler 5 301 Great Management Ideas from America's Most Innovative Small Details Companies. Edited by Sarah P. Noble 6 A Few Lessons from Sherlock Holmes by Peter Bevelin Details 7 A Passion for Excellence by Thomas Peters and Nancy Austin Details 8 A Savage Factory: An Eyewitness Account of the Auto Industry's Self- Destruction by Robert J. Dewar Details 9 Adapt: Why Success Always Starts with Failure by Tim Harford Details 10 Adventures of a Bystander by Peter F. Drucker Foundation for Details Nonprofit Management 11 Agnelli, Fiat and the Network of Italian Power by Alan Friedman Details 12 Alexander the Great's Art of Strategy: The Timeless Leadership Details Lessons of History's Greatest Empire by Partha Bose 13 Alfa Romeo From 1910 to 2010 by Maurizio Tabucchi Details 14 Alibaba: The Inside Story Behind Jack Ma and the Creation of the Details World's Biggest Online Marketplace by Liu Shiying, Martha Avery 15 American Express: The Unofficial History of the People Who Built Details the Great Financial Empire by Peter Z. Grossman 16 American Icon: Alan Mulally and the Fight to Save Ford Motor Company by Bryce G. Hoffman Details 17 American Turnaround: Reinventing AT&T and GM and the Way We Details Do Business in the USA by Edward Whitacre and Leslie Cauley 18 American Wheels, Chinese Roads: The Story of General Motors in China by Michael Dunne Details Mohnish's Bookshelf 19 America's Corner Store: Walgreen's Prescription for Success by John U. -
Good Bad Jack Welch Best Books 2005
BEST GE, Wal-Mart, or whoever else’s BOOKS05 corporate garden is currently in bloom. And managers themselves frequently arrange their financial reporting to exhibit “flowers of success” that later turn out to be rootless and unsustainable. In the worst cases, such as Enron, the blossoms turn out to be entirely artificial. Similar charges could be leveled at those most ardent of flower arrangers: writers of books on manage- ment. Too often, their books depict managers as lone actors in generic landscapes, whose methods and tech- niques can be freely transferred from one corporate situation to another. Yet if we are to learn from the expe- rience of others, surely we have to understand their thoughts and actions in the particular situations in which they found themselves. When it comes to human action of any kind, context matters. f e Each of the five books reviewed in this essay under- a t u scores the importance of context in business, though in r e different ways and from very different perspectives. The s b first two, Winning (HarperBusiness, 2005), by Jack e s t Welch with Suzy Welch, and Will Your Next Mistake Be b u Fatal? Avoiding the Chain of Mistakes That Can Destroy s i THE Good, (Wharton School Publishing, 2005), n Your Organization e s by Robert E. Mittelstaedt Jr., are written specifically for s b managers. The other three are aimed at more general o THE Bad, AND o audiences, but provide important lessons for business k s leaders by reviewing both the recent and distant history Jack Welch of financial scandals: Conspiracy of Fools: A True Story (Broadway Books, 2005), by Kurt Eichenwald; Blood on the Street: The Sensational Inside Story of How Wall Street by David K.