4 ms·
> In other words, the current law is wrong, and it should be this other way instead. The "current framework in antitrust policy" was not legal at all. It was a
by billjings 3y ago
> In other words, the current law is wrong, and it should be this other way instead.
The "current framework in antitrust policy" was not legal at all. It was a set of interpretations and standards agreed upon by judges and enforcement agencies.
In particular, the "consumer welfare standard" appears _nowhere_ in our current law. It is a framework that is used as a fig leaf to allow agencies to refuse to enforce the law as written.