The Consumer Welfare Standard. You have to show that the cartel actually caused an increase in prices for end consumers. This is hard. Here’s an FTC commission

The Consumer Welfare Standard. You have to show that the cartel actually caused an increase in prices for end consumers. This is hard. Here’s an FTC commissioner explaining the history of it and why we should probably change it. https://www.ftc.gov/system/files/documents/public_statements/1455663/welfare_standard_speech_-_cmr-wilson.pdf https://www.ftc.gov/system/files/documents/public_statements...