Prasad Krishnamurthy

Feds sue to stop AT&T’s $85 billion bid for Time Warner

Prasad Krishnamurthy quoted by Courthouse News, Nov. 20, 2017

“It will largely depend on the court and how willing the court is to believe these mergers can harm competition and how much deference they’re willing to give the government in what is largely a prospective case,” Krishnamurthy said in an interview.

San Francisco fashionistas vs. Ivanka Trump

Prasad Krishnamurthy quoted by Mother Jones, March 27, 2017

The MAC lawsuit could hinge its argument on the premise that Ivanka Trump’s agents in the White House broke the law in promoting her products. Krishnamurthy adds that the remedy for the MAC lawsuit is fairly limited, which might mean a judge could interpret “unfair” pretty broadly in this case. Whatever the outcome, the suit is “symbolic in a way,” Krishnamurthy says.

Die-hard Warriors fans should pay close attention to StubHub lawsuit

Prasad Krishnamurthy writes for Contra Costa Times, May 6, 2015

If StubHub wins, then higher prices for season tickets will mean that a number of longstanding, die-hard Warriors fans that used to buy season tickets will no longer be able to afford them. And secondary market sales at well above face value will ensure that the Warriors fans at games will be richer, less diverse, and less loyal to the team.

Public distribution system reforms and consumption in Chhattisgarh

Prasad Krishnamurthy co-authors article for Economic & Political Weekly, Feb. 22, 2014

One-third of PDS [public distribution system] rice consumption growth in Chhattisgarh took place before 2004…. This finding suggests that the pre-2004 reforms to fair price shop ownership and state procurement by the Ajit Jogi government contributed to PDS consumption growth. Our findings suggest that sustained reforms, when coupled with political and social will, can improve PDS access, and that improvements may not be substantial or sustained in the absence of these factors.

Are public banks something we should consider?

Prasad Krishnamurthy writes for Los Angeles Daily Journal, November 7, 2013 (registration required)

The recent financial crisis and its aftermath have led some observers to ask whether we would be better off with a mix of public and private banks. Advocates of public banking have taken this issue a step further and are calling for state governments to establish their own banks.

Feds should use inventive method to restructure home debt

Prasad Krishnamurthy writes for The Oakland Tribune, My Word, January 16, 2013

The Obama administration has promised to take bold steps to help distressed homeowners. The administration would do well to modify a play from the private sector playbook. Companies like Ocwen have refinanced underwater mortgages by writing off debt in exchange for a share of the equity if the price of the home rebounds.