Cristina always puts on the best antitrust conference in Europe and I am sad I could not make it this year! Cristina Caffarra

I'm very proud of friend and colleague Professor Roger Alford of Notre Dame for stellar remarks before the Senate today on algorithms and price fixing--a fascinating and growing problem in today's economy.

Full hearing here:

senate.gov/isvp/?auto_pla…

Claudia is a baller.

Create a whole new field. Win the Nobel Prize. Put out a short and understated tweet with a typo to celebrate.

V. happy to see the Nobel Prize in economics going to Claudia Goldin

Funny how competition is supposed to be the crowning glory of a capitalist system - yet so much of modern business is about gaming the rules to make sure there’s none. nytimes.com/2023/07/25/opi…

Congratulations to Fiona Scott Morton !!

Exchange model now coming to fine art wsj.com/articles/ipo-f…

Instagram has a pedophile problem. It’s not that there are plenty of pedophilic users among its massive user base — of course there are.

It’s that Instagram is actively connecting them, forming a pedophile community.

wsj.com/articles/insta…

. Scott Patterson 's book Dark Pools made for some thrilling summer reading.

Can't wait to get my copy of Chaos Kings!

Out today: a.co/d/bOHg9Qm

I used to pay $2 going through the McDonald's drive-thru. Now it's up to $5 and change.

wsj.com/articles/zolta…

This is fascinating, but also wills are complicated and expensive. It would be better if it weren't so regulated, or at least regulated by one set of rules, not 50+.

I always make me chuckle the way folks talk to me about antitrust issues without even knowing it.

Me, today: Why are your prices so high this time?

Guy at hotel check-in: We watch what the other hotels are doing, and when they raise prices, we raise 'em too.

DC Circuit affirms dismissal of New York's antitrust suit against Meta: cadc.uscourts.gov/internet/opini…

Google choosing to *not* end-to-end encrypt 2FA secrets when backing up Authenticator is not the biggest deal in the world. But definitely another mysterious security decision by Google.

Another Supreme Court case that'll have huge consequences for women. It's about whether a stalker that devastates a woman can escape conviction by saying he didn't (subjectively) mean to. Superb piece by Evelyn Douek and Genevieve Lakier outlining what's going on.

$MSFT CFO says current quarter should see “another quarter of healthy revenue growth”.

Productivity unit: revenue to grow 10-12% in CC, to $17.9bn to $18.2bn

Intelligent Cloud: +15-16% in CC, to $23.6bn to $23.9bn

More Personal Computing: $13.35 to $13.75bn.

Alphabet just published Q1 2023 results: Overall advertising revenue was down -0.21% Y/Y, but Search returned to growth at 1.87%. YouTube was down -2.56%; Network was down -8.29%.

So my blue check has reappeared. I had nothing to do with that, and am definitely not paying

When did Google search stop returning page results? Is anyone else seeing results like this?