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One of the big cultural problems in society today, and (antitrust) law in particular, is the focus on consumer welfare above all else. The consumer is not the o
by damnyou 7y ago
One of the big cultural problems in society today, and (antitrust) law in particular, is the focus on consumer welfare above all else. The consumer is not the only thing that matters
- hidden_anomaly 7y agoCan you expand on this idea? This is the first time I’ve heard anyone saying that consumer-first is wrong.
- damnyou 7y agoLina Khan is one of the leading proponents of the idea: https://www.nytimes.com/2018/09/07/technology/monopoly-antitrust-lina-khan-amazon.html https://www.nytimes.com/2018/09/07/technology/monopoly-antit... The consumer uber alles idea is actually pretty new in the history of antitrust law.