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> Did you read your own citation >“These laws prohibit anticompetitive conduct and mergers that deprive American consumers, taxpayers, and workers of the benef
by lesuorac 3y ago
> Did you read your own citation
>“These laws prohibit anticompetitive conduct and mergers that deprive American consumers, taxpayers, and workers of the benefits of competition”
> The goal is to benefit consumers, taxpayers and workers, the mechanism is using competition
Which part don't you understand.
1) In my second sentence I explicitly call out promoting competition is the goal of anti-trust
2) Parent was saying that anti-trust's goal was to lower prices.
- scarface_74 3y agoThe goal of anti trust is to benefit consumers, the mechanism was competition.
- afthonos 3y agoNo, the goal is to prevent consumers from being deprived of the benefits of competition. That may sound like what you wrote, but it really really isn’t. In particular, it presumes that competition is a good in and of itself, and that its benefits are what is to be protected. More specifically, if you say that competition is good because it provides a variety of options, the prices can very much be higher, and consumers can still be considered to be reaping the benefits of competition.