Can the reputation mechanism be made robust? Can there be a Law Merchant on the internet if miscreants can hide behind encryption?
In some ways, Bitcoin has spawned a new wild West.
The questions then are:
Can blockchain identify a fraudulent transaction?
Will the community of users pre-agree to a readily enforceable clawback or restitution mechanism?
Pharmaceuticals can no longer sell cheap in India and dear in the Philippines. This seems to be the import of the 2009 case of Roma Drug v RTC, which one legal analyst believes is a case that helps to “break up cartels.”
As I’ve told my students, a cartel is not the same as a monopoly, but never mind.
The trick now is how to allow the poor to buy online. This is a nice techie biz project, in addition to my earlier suggestion to hyper-energize dual-sim phones.
One is from a blog called The Economist’s Cookbook. The other is from SanctePater.
Now, would Coca Cola and American Express have any cause to sue for some kind of trade mark infringement?
Case law says the negative. Parody is now considered fair use. And parody is also a defense against libel. Hoo-Hah!
Having analyzed the circumstances of AKO MISMO as an act of “Corporate Social Responsibility” (CSR), I thought that there could be more to the concept than just one of “organized charity.”
Continue reading “Corporate Social Responsibility – a hoax?”
What happens when a lawyer pulls all stops to make a buck?
He can get a dose of his own. See my post at the Silliman Bar Review project site. Material comes from swapmeetdave.com.
And here’s a lawyer take on the changing-the-light-bulb joke: