I see that Paramount is now trying a hostile takeover of Warner Bros., to beat Netflix’s offer . I’m sure there are lots of corporate-merger subtleties to it that I don’t understand, but that’s the gist of it. This whole thing is depressing as all of these mergers will result in more consumer costs and less choice. That’s why we have monopoly rules. Or used to, anyway. The 1996 Telecommunications Act did a ton of damage. The concept is simple: when you allow vertical integra

Obviously a very consequential day today. I don’t want to write anything political because I like to have readers and visitors of all...

I don’t write a lot about politics and current events here in order to avoid generating political arguments. (I am basically a mainstream...

Well, I was wrong about something. Last week I thought that the Republicans in the House of Representatives would have to turn to...